Fringe Finance Integrates With Bancor
Fringe Finance proudly announced its integration with Bancor.
Bancor Network Token ($BNT) will become an accepted collateral type on Fringe’s Primary Lending Platform. Users will now be able to take out stablecoin loans and leverage their $BNT, optimizing their capital while maintaining their $BNT positions.
Fringe Finance is an all-inclusive DeFi solution for altcoin holders. Its mission is to create innovative financial tools that empower everyone to invest like a professional. The Fringe Finance platform will be more than a simple lending and borrowing platform.
It will help both individual investors and projects lock tokens, mint stablecoins, gain exposure, access capital, and more. Fringe has already assembled a group of powerful partners, including LINK, MATIC, EGLD, UNN, REN, and numerous others, to be used as collateral types on the platform.
ABOUT Bancor
Bancor is the only decentralized staking protocol that its users to earn money with single-token exposure and full protection from impermanent loss. Launched in 2017, Bancor was the first DeFi protocol. Today, it generates millions in fees per month for depositors on tokens like ETH, WBTC, LINK, MATIC, AAVE & more. Bancor is owned by its community as a decentralized autonomous organization (Bancor DAO).
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ABOUT Fringe Finance
The Fringe platform was created to incubate and deploy experimental, high-yield, smart-contract-driven financial instruments that push the bounds of open finance. Fringe is an algorithmic model that aims to unlock, aggregate, and de-risk ~50 billion in dormant value distributed amongst untapped digital assets by allowing supporters of qualifying altcoin projects the opportunity to leverage assets and realize their value.
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