Fringe Finance
ValidatedDeFi
Lending
FRIN$0.00055-1.41% ↓
Lending, borrowing, and margin trading platform
- 239 Followers239 Followers
- 167 Likes167 Likes
About Fringe Finance
Fringe Finance is a decentralized money market designed to unlock the capital spread in crypto assets regardless of their capitalization and supported network. With a next-generation DeFi lending & borrowing ecosystem, Fringe aims to unlock the dormant capital from traditional financial markets and all-tier cryptocurrencies.
Fringe Finance is a cutting-edge decentralized finance (DeFi) platform designed to revolutionize access to capital markets by providing users with the ability to lend and borrow cryptocurrencies. The platform focuses on harnessing the potential of altcoins, enabling users to leverage their holdings for loans, margin trading, and staking. Fringe Finance aims to democratize financial services, offering a robust and inclusive ecosystem that accommodates a wide range of crypto assets.
The mission of Fringe Finance is to create a financial system that is accessible to all, irrespective of their holdings. By supporting a diverse array of altcoins, the platform allows users to maximize the utility of their crypto assets. Fringe Finance seeks to bridge the gap between traditional finance and the emerging DeFi sector, providing innovative solutions that cater to the evolving needs of the crypto community.
In the rapidly growing DeFi landscape, Fringe Finance stands out by offering unique features such as margin trading and staking for a broad spectrum of altcoins. This inclusivity ensures that users can fully capitalize on their investments, fostering greater participation in the DeFi ecosystem. Through its comprehensive suite of financial services, Fringe Finance is poised to become a significant player in the DeFi space, driving innovation and adoption.
Fringe Finance Magic Store Validation Score
See Results ››Fringe Finance Review Score by Real Users
- 6
- 4
- 0
- 0
- 0
FRIN Token Price Chart (Real Time)
Token Statistics
- Market Cap$542,006.00
- Volume$143,784.00
- Circulating Supply1,000,000,000
- Max Supply-
- FDMC$542,006
About Fringe Finance Token
The Fringe Finance platform incorporates two primary tokens: FRIN and USB. The FRIN token is central to the ecosystem, serving multiple roles including staking, earning rewards, and participating in governance decisions. FRIN holders can stake their tokens to earn a portion of the fees generated within the platform, thus incentivizing user engagement and ensuring robust participation in the ecosystem’s operations.
The USB token is a stablecoin pegged to the US Dollar, designed for lending and borrowing activities on Fringe Finance. This stability ensures that users can engage in financial transactions without the volatility associated with most cryptocurrencies. USB can be minted by depositing collateral and used within the platform for various financial operations, including taking loans and paying transaction fees.
Both tokens have unique utility within the Fringe Finance ecosystem. FRIN is essential for governance, allowing users to vote on proposals and changes within the platform. It also provides staking rewards, creating a passive income opportunity for token holders. On the other hand, USB offers stability and utility for everyday transactions, making it an essential component for borrowing and lending functions.
These tokens are available for trading on multiple exchanges, ensuring liquidity and accessibility for users. For a comprehensive understanding of the FRIN and USB tokens, including their specific uses and the dynamics of their ecosystem, users can refer to the Fringe Finance Whitepaper.
Fringe Finance Magic Store Trust Score
- Audit Score
- 0No. Of. Audits
- MediumScore
- Security Validators Score
- 26.12.2023Validation Date
Fringe Finance User Trust Reviews
Be the Pioneer of Trust - Post the First Review!
Fringe Finance FAQ
Fringe Finance is unique due to its support for a wide range of altcoins as collateral, comprehensive DeFi solutions including lending, borrowing, staking, and margin trading, and its decentralized governance model. This inclusivity and versatility make it stand out among other DeFi platforms.
To use altcoins as collateral on Fringe Finance, first create an account, then deposit your whitelisted altcoins in the “Deposit” section. These assets can then be used to secure loans and engage in other financial activities on the platform.
Staking FRIN tokens allows users to earn rewards from the platform’s fee revenue, participate in governance decisions, and contribute to the platform's stability. This provides both financial incentives and a say in the platform’s future developments.
Fringe Finance’s margin trading allows users to take leveraged positions on their altcoins. Users can select their preferred altcoins, specify leverage, and engage in long or short trading to maximize potential returns.
Fringe Finance employs robust security measures including encryption, two-factor authentication (2FA), and regular security audits to protect user funds and data, ensuring a safe and reliable platform experience.
- ValidatedBomb Crypto
Games • GameFi
- ValidatedMunchables
Games • GameFi
- ValidatedAryze
DeFi • Asset Management
- ValidatedHermes V2
DeFi • Trading
- ValidatedAmply Finance
DeFi • Lending
- ValidatedKOR Protocol
Metaverse • Business
- ValidatedMeteor Wallet
DeFi • Wallet
- ValidatedVersaX
DeFi • Trading
- ValidatedPortal Fantasy
Games • GameFi