EasyFi Network, the global layer 2 DeFi lending platform for digital assets, has added support for Coinbase on its mobile app. Over 73 million Coinbase wallet customers can now access their funds directly from their wallets starting November 24 to take part in farming, lending and stake activities on EasyFi.com.
EasyFi can offer quality DeFi solutions for new users of crypto, as Coinbase is a popular wallet. The platform is working on multiple native wallet integrations as part of their efforts to improve the user experience and offer new features, products, and services.
Ankitt Gaur (founder and CEO of Easy FI Network), announced the integration. “This integration with Coinbase wallet is aimed at easing entry-barriers for participation in DeFi, particularly in lending, for new users. Coinbase wallet users can explore many yield-generating opportunities on EasyFi, according to our belief. 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 products, the Coinbase Wallet integration enables users to access their funds on Polygon, the widely used layer 2 solution and participate in various passive income generation opportunities.
EasyFi Network plans to add support for Polygon Network compatible wallets in the next few weeks. The network will improve the user experience via mobile and web interfaces, as well expand the range of assets supported. EasyFi currently supports MATIC (WETH), WBTC and USDC as well as DAI via Polygon Network.