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WazirX Partners With EasyFi for a Grand Giveaway of $47,510 Worth of EZ

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WazirX Lists EasyFi (EASY) a DeFi Lending Platform

WazirX, the leading cryptocurrency exchange of India is back with another giveaway. This time it has partnered with EasyFi for a grand giveaway of $47,510 worth of EZ tokens.

EasyFi is already listed and trading on WazirX in the INR and USDT market. Users can win prizes by participating in various activities like AMA, Quizzes, Highest Trader Kaun Marathon and Trivia Contest.

WazirX – EasyFi (EZ) Giveaway

The total giveaway amount is $47,510 worth of EZ, users can participate in various contests to win. Let’s have a look at the various contests where you can participate:-

Giveaway Schedule

  • Tuesday, 4th January – Friday, 7th January – Signup on WazirX and receive free 0.5 EZ. 
  • Tuesday, 4th January – Trivia on WazirX Instagram page with prizes of $50.
  • Tuesday, 4th January – Wednesday, 5th January – Quiz on our Blog page with prizes of $500.
  • Wednesday, 5th January – AMA with Shantanu Sharma, VP, Growth & Marketing and win total prizes of $300.
  • Thursday, 6th January  YouTube Live with Ankitt Gaur, Founder & CEO, EasyFi Network. 
  • Monday, 10th January – Thursday, 13th January– 72-hour long Highest Trader Kaun Marathon with prizes of ₹27,82,375 ($35,000) worth EZ for top 350 traders.
  • Friday, 14th January – EZ Trading Lucky Draw. Lucky traders will draw additional prizes from a $10,000 Prize Pool. 

Signups

New users who signups on WazirX between Tuesday, 4th January, 9 PM and Friday, 7th January, 9 PM IST using ‘EASYFI’ coupon code will receive free EZ tokens worth ₹150. Also, this offer is valid for the first 650 new signups only.

Trivia Contest

This event is scheduled for Tuesday, 4th January, 12 PM IST on the official WazirX Instagram page. A total of 5 questions will be shared on the Instagram story, choose the correct answer and win prizes. For each correct answer, one lucky will win 2.91 EZ.

EZ Quiz

This quiz contest is scheduled for Tuesday, 4th January, 6 PM – Wednesday, 5th January, 6 PM IST. Users interested to participate can visit the WazirX Blog where a total of 10 questions will be available, choose the correct answer to win.

  • 1st prize: $100
  • 2nd – 5th prize: $50 each
  • 6th – 10th prize: $20 each
  • 11th – 20th prize: $10 each

The reading resources that will be useful for you are:-

AMA with Shantanu Sharma

A live AMA with Shantanu Sharma is scheduled on Wednesday, 5th January, 5 PM IST where you can learn everything about EZ. Participate in this AMA where there will be a chance to win $300 worth of EZ.

Highest Trader Kaun Marathon: EZ/INR

WazirX this time launched a non-stop 72-hour long highest trader kaun marathon in EZ/INR trading pair. This trading contest will start from 10th January, 9 AM and will continue till 13th January, 9 PM IST.

Users can participate in this contest any time between the contest period to win a total prize of ₹27,82,375 (~$35,000) worth EZ.

Trader RankPrizes/ Person (EZ)INR Worth
11,222.53333885
2815.02222590
3509.39139119
4 – 10305.6383471
11 – 20163.0044518
21 – 3050.9413912
31 – 4040.7511130
41 – 5033.629182
51 – 10020.385565
101 – 15012.233339
151 – 2007.542059
201 – 2506.111669
251 – 3505.091391

EZ Trading Lucky Draw

In order to participate in this contest trade a minimum of $250 worth EZ during the Highest Trader Kaun Marathon. Winners will be selected on 14th January and 100 lucky winners will get $100 of EZ each.

About EasyFi (EZ)

EasyFi is a universal layer 2 lending protocol built for DeFi focused on scalability, composability, and adoption. The network is secured using a Proof-of-Stake consensus mechanism.

The network design is ethereum compatible and blockchain agnostic allowing instant settlement of assets over different blockchain networks while retaining custody with the asset owner’s network.

The cross-chain framework allows lending & borrowing across a spectrum of global markets including private platforms and permissionless public networks.

EZ is the native token for EasyFi which will be used for the following functions:-

  • Governance: EZ token holders can vote on network governance decisions.
  • Protocol Incentivization: It will enable users to earn EZ tokens as rewards when they lend or borrow on the EasyFi platform.
  • Staking rewards: Projects that wish to launch their lending and borrowing markets on the EasyFi network will have to stake EZ tokens.
  • Network Consensus: Users can stake EZ tokens to run a validator node and participate in network consensus.
  • Dual Farming: Users can also farm tokens of other DeFi projects tokens by staking their EZ tokens.

Please refer to the EasyFi official whitepaper for more detailed knowledge about it.


Disclaimer: Koinalert’s content is only for information purpose in nature and should not be considered as investment advice. Do your own market research before investing in any cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.

Ashish is a cryptocurrency journalist who has been passionately involved in the bitcoin space since 2016. His interests lie in bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.