ez-Tokens are wrapped DeFi tokens that contain coverage. Ez-tokens get minted once users deposit DeFi tokens into the ease Uninsurance app.
The app in turn then deposits the tokens into yield generating protocols, while adding a coverage layer as well.
The “ez” part (short for “easy”) is added to the name of the deposited tokens so they can be recognized as yield and coverage-bearing tokens.
In the future, these tokens can be bought directly, making DeFi not only safe, but also very “ez”!
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