DeFi protocol EasyFi is looking to bounce back in a major way. After a challenging start to the year, the EasyFi team has completed a hard fork and released a detailed interim compensation plan and reinstatement plan. Built on the backbone of permission-less networks and automated smart contracts, the latest news for EasyFi bodes well for future growth.
The protocol is taking the next steps to see success, implementing two new major partners – Halborn for auditing and security, and Tidal Finance for insurance. The layer 2 lending protocol is honed in scalability, composability, and adoption – and is now adding the protection and security necessary to make it happen.
EasyFi x Halborn: Cybersecurity At The Forefront
EasyFi is partnering with cybersecurity firm Halborn for full-scale smart contract security audits and comprehensive security advisor for the EasyFi infrastructure across Polygon, Ethereum and Binance Smart Chain.
The Layer 2 DeFi firm emphasized a full audit of security practices in the