The success of Binance Smart Chain is propelling the exchange’s utility token to the top ten. EasyFi protocol is expanding to the new blockchain via integration on Binance Smart Chain. This integration will bring the presence on three different chains namely, Ethereum, Polygon, and Binance Smart Chain. EasyFi Protocol Expands To Binance Smart Chain The runaway success of Binance Smart Chain has attracted the industry’s top projects to the chain. The latest move by EasyFi, a leading decentralized protocol will benefit the project, crypto investors, and the ecosystem itself. However, Ethereum remains the most dominating fundamental blockchain layer in the crypto market. The emerging technology has its limitations and challenges that developers address. On one hand, where Ethereum introduces scalability updates, DeFi applications, stablecoins, tokens, etc have begun to expand to additional chains. These additional chains include Polygon or the ultra-hot Binance Smart Chain. EasyFi Network Integrating BSC EasyFi network is a universal second layer lending protocol, currently rocking the DeFi space. The project to expand to Binance Smart Chain is EasyFi Protocol and the $EASY token. The integration of BSC support will create new opportunities with the DeFi sector and enable more efficient and faster transactions. The appended benefits of interoperability will profit investors and the ecosystem alike. The $EASY token will now be available as an ERC20 token as well as a BEP20 token on three different chains specifically Polygon, Ethereum, and Binance Smart Chain. All the products and services offered by EasyFi protocol V1 are powered by Polygon Network on Ethereum. These services will also be available on the Binance Smart Chain (BSC) integration. In addition to the benefits like speed and scalability, EasyFi and $EASY can now access the Binance community for a greater reach and engagement. The Binance Smart Chain will integrate assets into EasyFi as collateral. New money markets will also be introduced such as metals, tokenized stocks, and other commodities. BSC is the ideal fit for EasyFi’s “Do more with DeFi” mantra. Integrating other chains is a primary part of EasyFi’s Q1 2021 roadmap.
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