Fringe Finance Integrates Apecoin
$APE as a collateral asset on the Primary Lending Platform
The Fringe Finance Integrates Apecoin. This means you can now use $APE as collateral to borrow $USDC on Fringe’s Primary Lending Platform.
ApeCoin is the governance and utility token for the $APE ecosystem. Also, it empowers a decentralized community at the forefront of Web3.
Taking out instant stablecoin loans and leveraging your $APE positions with no need to sell has never been easier.
About ApeCoin
The possibilities for blockchain’s impact on culture are so endless that they can’t possibly all be predict yet. $APE is a token made to support what’s next, controlled and built on by the community. It will serve as a decentralized protocol layer for community-led initiatives that drive culture forward into the metaverse.
ApeCoin DAO exists because decentralized governance is critical to building and managing a globally dispersed community — and therefore critical to the success of the $APE ecosystem.
THE BOARD
A special council on the APE Foundation (the DAO’s “Board”) provides, at the behest of the ApeCoin DAO members, oversight of the Foundation administrators. The purpose of the Board is to administer DAO proposals and serve the vision of the community. It meets on proposals requiring administrative review under the ApeCoin DAO rules. The initial Board serves a term of six months, after which DAO members will vote annually on Board of members.
APECOIN PROTOCOL
ApeCoin is an ERC-20 governance and then utility token used within the APE ecosystem to empower a decentralized community building at the forefront of web3.
About Fringe Finance
Fringe Finance 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.
