Coinbase Wallet Users Can Now Access Layer 2 Money Markets on EasyFi Network
EasyFi Network, the common layer 2 DeFi lending protocol for digital property has introduced help for the Coinbase pockets on its app. Starting November 24, over 73 million Coinbase pockets customers can immediately entry funds from their wallets to take part in lending, farming, and staking actions on EasyFi over Polygon Network.
Considering that the Coinbase pockets is kind of fashionable amongst new crypto customers, the combination permits EasyFi to introduce high quality DeFi options to them early on. Coinbase Wallet is one amongst a number of native pockets integrations deliberate by the platform as part of its endeavor to boost the person expertise by providing new merchandise, options and providers.
Announcing the combination, Ankitt Gaur, the Founder and CEO of Easy FI Network mentioned, “This integration with Coinbase wallet is aimed at easing entry-barriers for participation in DeFi, particularly in lending, for new users. We believe that Coinbase wallet users will get to explore various yield generating opportunities on EasyFi. We are dedicated towards making DeFi more inclusive and easy-to-use and this integration is a step towards that vision.”
Apart from EasyFi’s DeFi merchandise, the Coinbase Wallet integration permits customers to entry their funds on Polygon, the broadly used layer 2 answer and take part in varied passive revenue technology alternatives.
In the approaching weeks, EasyFi Network will probably be including help for extra Polygon Network appropriate wallets. It may also be bettering the person expertise on each cellular and net interfaces whereas increasing the variety of supported property. EasyFi presently helps MATIC, WETH, WBTC, USDC, USDT and DAI on Polygon Network.