TI Rating Report - EasyFi Network

Jan 12, 2021

TI rating report gives an authoritative and fair rating to all projects.EasyFi is a Layer 2 Decentralized Finance (DeFi) lending protocol, a fork of the compound protocol. The protocol is built on Matic Network, a layer-2 solution that enables the transaction to be processed with lower gas fee and higher speed. EasyFi is committed to providing borrowers with easier, better, and cheaper borrowing, through micro-lending and under-collateralized loans. The operating entity of the project is EasyFi Network Limited, registered in British Virgin Island.

PROJECT INTRODUCITON

Some of the core functions planned by EasyFi are as mentioned below:

Secured (Collateralized) Loans: one of the main products of Interest Rate market protocol;
Under collateralized Loans: using Koinfox TrustScore to evaluate borrowers;
Micro-Lending: offering quick & small loans;
Credit Delegation: supplier and borrower enter into a trusted agreement and complete the loan directly;
Credit Default Swaps: a market for credit default swaps.

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