Home Coinbase Coinbase Wallet Users Can Now Access Layer 2 Money Markets on EasyFi Network

Coinbase Wallet Users Can Now Access Layer 2 Money Markets on EasyFi Network

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EasyFi Network, the common layer 2 DeFi lending protocol for digital belongings has introduced assist for the Coinbase pockets on its app. Beginning 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 Community.

Contemplating that the Coinbase pockets is sort of in style amongst new crypto customers, the combination allows EasyFi to introduce high quality DeFi options to them early on. Coinbase Pockets is one amongst a number of native pockets integrations deliberate by the platform as part of its endeavor to boost the consumer expertise by providing new merchandise, options and companies.

Saying the combination, Ankitt Gaur, the Founder and CEO of Straightforward FI Community mentioned, “This integration with Coinbase pockets is aimed toward easing entry-barriers for participation in DeFi, significantly in lending, for brand spanking new customers. We imagine that Coinbase pockets customers will get to discover numerous yield producing alternatives on EasyFi. We’re devoted in direction of making DeFi extra inclusive and easy-to-use and this integration is a step in direction of that imaginative and prescient.”

Aside from EasyFi’s DeFi merchandise, the Coinbase Pockets integration allows customers to entry their funds on Polygon, the broadly used layer 2 resolution and take part in numerous passive revenue era alternatives.

Within the coming weeks, EasyFi Community will likely be including assist for extra Polygon Community suitable wallets. It can even be enhancing the consumer expertise on each cell and internet interfaces whereas increasing the variety of supported belongings. EasyFi at present helps MATIC, WETH, WBTC, USDC, USDT and DAI on Polygon Community.

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