The Fringe Finance platform offers the following compelling benefits for its various participants:
The Fringe Finance platform consists of the following facilities, offering different functionalities:
- Fringe Lending: A lending facility that accepts a wide range of collateral asset types and multiple capital (borrowing) assets. It:
- Rewards lenders for depositing (whitelisted) capital assets made available to be lent to borrowers and traders.
- Allows borrowers to take out over-collateralized loans against whitelisted collateral assets.
- Allows liquidators to liquidate part of a borrower’s loan that falls below minimum collateralization levels.
- Fringe Staking: Allows FRIN token holders and other asset holders to stake assets to earn staking rewards. Fringe Staking supports multiple staking programs to incentivize users to participate in various ways within the Fringe Ecosystem. The system pays rewards to staked positions. Staking rewards are paid from the Rewards Pool for each staking program.
- Governance: Allows a Project to apply for listing on the USB Stablecoin facility. I.e., where USB Collateral Safes accept the project’s ERC-20 token as collateral against which borrowers can mint USB.