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What is EasyFi, EZ Token? Latest Giveaway on WazirX worth $47510

EasyFi is a Multichain money market with structured lending products live on Ethereum, Polygon and Binance Smart chain.

Indian Crypto Exchange WazirX is running a partnered giveaway with EasyFi over multiple activities since Tuesday for a total value of $47510 in EZ tokens. In this article, we will learn what is EasyFi and how users can participate in the giveaway.

πŸ”Έ What is EasyFi?

EasyFi is a decentralized finance platform built on multiple chains, with products ranging from lending/borrowing, LP farming, staking which are live right now, to future products like Uncollateralised loans, collateralization of real-world assets in digital form, credit default swaps and more.

While version one of the product was a fork of Compound Finance over Polygon chain, version 2 is on its way to becoming a full-fledged Money market over decentralized chains and driven entirely on the power of smart contracts, ergo without a centralised authority’s control.

Access to EasyFi is now open to several integrated wallets such as Coinbase wallet, Metamask, Trust Wallet, Orange Wallet and more.

πŸ”Έ EZ Token:

EZ is the native token that gives holders access to the EasyFi network. The network is secured by a proof of stake mechanism, governed through participating voters to achieve consensus among network participants which are EZ holders.

Here are some EZ stats (as of Jan 05, 2022):

  • Trading Price: $3.3 USD
  • Global Market Cap: $8,354,100 USD
  • Global Trading Volume (past 24 hr): $435,009.49 USD
  • Circulating Supply: 2,524,834 EZ
  • Total Supply: 10 Billion EZ

πŸ”Έ Trading EZ on WazirX

EZ is trading on both INR and USDT market on WazirX, you can make deposits and withdrawals of ERC20 EZ on WazirX over the Ethereum chain.

  • Deposits – Participants can deposit EZ to WazirX.
  • Withdrawals – Participants can withdraw EZ.
  • Trading – Participants can buy, sell, trade EZ in their USDT and INR markets.

πŸ”Έ Giveaway and Program Schedule for EasyFi Giveaway

  • Tuesday, January 04 – Friday, January 07– Signup on WazirX and receive free 0.5 EZ. 
  • Tuesday, January 04 – Trivia on WazirX Instagram page with prizes of $50. Play interesting trivia about EZ and win.
  • Tuesday, January 04 – Wednesday, January 05– Quiz on our Blog page with prizes of $500. Show off your EZ knowledge in a fun quiz session and win.
  • Wednesday, January 05– AMA with Shantanu Sharma, VP, Growth & Marketing. Learn everything about EZ and win total prizes of $300.
  • Thursday, January 06– YouTube Live with Ankitt Gaur, Founder & CEO, EasyFi Network. 
  • Monday, January 10 – Thursday, January 13– 72-hour long Highest Trader Kaun Marathon with prizes of INR 27,82,375 ($35,000) worth EZ for top 350 traders.
  • Friday, January 14 – EZ Trading Lucky Draw. Lucky traders will draw additional prizes from a $10,000 Prize Pool. 

πŸ”Έ Signups

Sign up on WazirX using β€˜EASYFI’ coupon code and receive free EZ tokens worth INR 150*.

  • When: Tuesday, January 04, 9 PM – Friday, January 07, 9 PM IST
  • Valid for the first 650 new signups only.

πŸ”Έ YouTube Live 

Participate in a live interview of Ankitt Gaur, Founder & CEO, EasyFi Network, by Archit Sinha to learn everything about EZ Token.

πŸ”Έ Highest Trader Kaun Marathon: EZ/ INR

Highest Trader Kaun Marathon welcomes participants with prizes for the top 350 traders.

About the Contest:

  • The trading contest is from Jan 10, 9 AM to Jan 13, 9 AM IST.
  • It will be run non-stop for 72 hours. 
  • Total prize of INR 27,82,375 (~ $35000 USD) worth EZ. Participants can win rewards based on their trading performance for the entire 72-hour long trading contest marathon!

How can participants take part in the contest and win?

Winners will be determined based on the volume of EZ traded in WazirX’s INR market.

What are the prizes?

Prizes for top 300 traders in the contest:

Trader RankPrizes/person (EZ)INR worth
11222.53333885
2815.02222590
3509.39139119
4 – 10305.6383471
11 – 20163.0044518
21– 3050.9413912
31 – 4040.7511130
41 – 5033.629182
51 – 10020.385565
101-15012.233339
151-2007.542059
201-2506.111669
251-3505.091391

πŸ”Έ EZ Trading Lucky Draw

Grab your chance to win additional EZ rewards! 

  • When: January 10, 9 AM – January 13, 9 PM IST.
  • Winners will be randomly drawn on January 14. 

How to participate?

  • Trade a minimum of $250 worth EZ during the Highest Trader Kaun Marathon. 
  • You will be automatically entered into the lucky draw pool. 
  • Only one entry per user.

Giveaway:

  • 100 lucky winners will draw $100 of EZ each. 

πŸ”Έ AMA with EasyFi (EZ)

The AMA was conducted with Shantanu Sharma, VP of Growth and marketing, to learn everything about EasyFi.  The questions were sourced from WazirX’s Twitter followers and telegram users.

Giveaway:

$150 for the top 10 questions selected from Twitter.
$150 for the top 5 live questions from Telegram group.

πŸ”Έ Instagram Trivia Contest for EZ

WazirX Instagram trivia on EZ received an overwhelming response which also ponders upon the possibility of people actually learning new things on Instagram.

When: Ended

Where: instagram.com/wazirx

Giveaway:

Five lucky winners were chosen from who gave all the correct answers and won 2.91 EZ each.

πŸ”Έ EasyFi Quiz

WazirX hosted a quiz session about EasyFi in WazirX Telegram group. Users were able to show off their EZ knowledge and win prizes.

When: Ended

How to participate in future Quizzes?

Giveaway:

 1st prize: $100
 2nd – 5th prize: $50 each
 6th – 10th prize: $20 each
 11th – 20th prize: $10 each

Reading resources:

Happy Trading!

Note: For the entire giveaway, EZ price will be considered at $3.435, i.e., INR 273.11 and all prizes will be distributed by January 28, 2022.

Watch the video on the campaign:

πŸ”Έ Previous WazirX Listing and Giveaways:

Disclaimer: Coin Crunch partners with multiple projects for consulting and marketing initiatives. Our editorial however remains uninfluenced by our partners unless specifically mentioned. For more details about our policies, please check out this disclaimer.

Risk Warning: Crypto trading is subject to high market risk. Please ensure that you undertake sufficient risk assessment when trading newly listed tokens as they are often subject to high price volatility. WazirX will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.

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