Fringe Finance revolutionizes DeFi, unlocking dormant crypto value through innovative collateralization with smaller altcoins. More
Fully Diluted Valuation | $223,003 |
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24H Trading Volume | $49,492 |
24H Low / High | $0.00 / $ 0.00 |
Circulating Supply | 1.00B |
Total Supply | 1.00B |
Max Supply | ∞ |
Categories | Decentralized Finance (DeFi) 3 more |
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Founder | Anonymous |
Website | linktr.ee Whitepaper |
Socials | 3 more |
Chains | Ethereum Ecosystem |
Explorer | Ethplorer 2 more |
Contracts |
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Name | Pair | OG Score |
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In the dynamic realm of decentralized finance (DeFi), Fringe Finance emerges as a pioneering platform designed to incubate and deploy experimental, high-yield financial instruments, pushing the boundaries of open finance. At its core, Fringe Finance operates as a decentralized money market, dedicated to unlocking the capital spread across the diverse landscape of crypto assets, regardless of their capitalization and supported network. The platform introduces a novel approach by accepting smaller altcoin assets as collateral for stablecoin loans, providing an avenue for holders of speculative assets to actively leverage their convictions about the upside potential of their tokens.
Fringe Finance's multifaceted ecosystem comprises a Primary Lending Platform, where lenders loan stablecoins and borrowers leverage altcoin collateral; a USB Stablecoin Platform, enabling the minting and borrowing of stablecoins against altcoin collateral; and the FRIN Staking & Rewards Platform, allowing FRIN token holders to stake their tokens and earn rewards from the fees collected by the platform. Additionally, the platform incorporates yield farming incentives to stimulate early adoption. With a commitment to financial protection and stability, Fringe Finance utilizes innovative borrowing parameters and mechanisms to navigate the inherent volatility of smaller altcoins. As a result, the platform aims to unlock approximately $50 billion in dormant value distributed among untapped digital assets, creating a dynamic ecosystem that transcends traditional financial markets and embraces all-tier cryptocurrencies.
Fringe Finance stands out for unlocking $50 billion in dormant crypto value through its innovative decentralized money market, utilizing smaller altcoins as collateral for stablecoin loans.
The founders of Fringe Finance (FRIN) remain anonymous.
Fringe Finance has partnered with HashEx, CyberUnit, and Immunefi.
You can buy Fringe Finance (FRIN) on AscendEX (BitMax), Uniswap V2 (Ethereum) cryptocurrency exchanges.
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