Company
Resources
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FRIN
Price
$ 0.000521
Total Raised
Fringe Finance platform was created to incubate and deploy experimental, high-yield, smart-contract driven, financial instruments that push the bounds of open finance. Read More
Fringe Finance platform was created to incubate and deploy experimental, high-yield, smart-contract driven, financial instruments that push the bounds of open finance. Fringe Finance is an algorithmic model that aims to unlock, aggregate, and de-risk ~50 billion in dormant value distributed amongst untapped digital assets. Fringe Finance platform consists of the following facilities:Primary Lending Platform: A facility where lenders loan out their stablecoins and where borrowers borrow stablecoins against their altcoin collateralUSB Stablecoin Platform: A facility where borrowers mint and borrow stablecoins against their altcoin collateral and where USB stablecoin holders can stake USB to earn interestThe FRIN Staking & Rewards Platform: Where FRIN token holders can stake their FRIN to earn rewards from the fees collected by the Fringe Finance platformYield farming incentives: To temporarily help kick-start the platform’s adoption.