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Fringe Finance was built as a launchpad for testing and rolling out new high-yield, smart-contract-based financial products that expand what open finance can do. Fringe Finance is an algorithmic approach designed to release, consolidate, and reduce risk for ~50 billion in inactive value spread across digital assets that are currently underused. The Fringe Finance platform includes these components:
Primary Lending Platform: A setup in which lenders provide stablecoins and borrowers take out stablecoin loans backed by their altcoin collateralUSB Stablecoin Platform: A facility where borrowers mint and borrow stablecoins using altcoin collateral, and where USB stablecoin holders can stake USB to receive interestThe FRIN Staking & Rewards Platform: A place for FRIN token holders to stake FRIN and earn rewards funded by the fees generated by the Fringe Finance platformYield farming incentives: Short-term support intended to help drive early platform adoption.| Exchange | Pair | Last Price | Change (24H) | High (24h) | Low (24h) | Spread | Volume (24h) |
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