Fringe v1 features a combination of essential DeFi lending primitives. It allows lenders the ability to deposit their $USDC as a capital asset and gives users the option to borrow against 40+ collateral assets — all on the Ethereum Mainnet.
We announced the first release of Fringe’s non-custodial Primary Lending Platform (PLP) on the Ethereum Mainnet for public access on June 24th 2022.
Starting from this date, lenders may deposit $USDC to the Primary Lending Platform to earn interest, while borrowers may deposit their whitelisted tokens as collateral to take out $USDC loans.
