The universal layer 2 digital assets lending protocol, EasyFi Network has announced that it is now live with its lending protocol on Polygon. The new lending protocol went live on Nov 15, 2021 and will be initially supporting six money markets with supplying and borrowing on Polygon Network. While announcing the latest development, COO and Co-founder of EasyFi Network Anshul Dhir said,” Six money markets on our protocol on Polygon Network are now open for operations. We have now completed a major milestone in our Q4 2021 roadmap that of Full protocol launch. We have launched the markets first on Polygon Network and will be soon followed with launch of markets on Binance Smart Chain and other networks.” In order to ensure the safety and security of its userbase, EasyFi Network has carried out a lot of groundwork leading up to the launch. The protocol has been subjected to a full security audit by one of the leading cybersecurity firms — Halborn Security. The exercise Included analysis and testing of the project’s smart contracts through almost all possible scenarios to ensure compliance with global security standards. In addition to the external audits, EasyFi continues to carry out its own internal audits to identify areas of concern and implement corrective and risk management actions. The exhaustive list of internal audits includes penetration testing, vulnerability assessments and DDOS simulation tes...
