Fringe Finance FRIN
1. Summary
- Price
-
$0.000495440000 -0.9%
- Market Cap
- $493,957.00 (#3749)
- Supply
- 1.00B / 1.00B
- Description
-
Fringe Finance is a decentralized money market designed to unlock the capital spread in crypto assets regardless of their capitalization and supported network. It provides a next-generation DeFi lending and borrowing ecosystem to unlock dormant capital from traditional financial markets and all-tier cryptocurrencies.
Fringe Finance is a decentralized money market designed to unlock the capital spread in crypto assets regardless of their capitalization and supported network. It provides a next-generation DeFi lending and borrowing ecosystem to unlock dormant capital from traditional financial markets and all-tier cryptocurrencies.
Key Features
- Multi-Asset Support: Fringe Finance accepts over 150 assets across five chains as collateral for loans, including smaller altcoins often overlooked by other DeFi platforms.
- Advanced Security: Fringe Finance does not rehypothecate collateral used to secure borrowing, providing greater security for lenders in the event of market downturns and maintaining control for borrowers' collateral assets.
- Enhanced Price Stability: The platform uses a market-manipulation-resistant price stability model to protect against market price manipulation and ensure reliable pricing.
- Margin Trading: Fringe Finance offers spot margin trading facilities with reduced price impacts for traders taking leveraged positions.
- Staking & Rewards: Users can stake FRIN tokens in the Staking Pool to earn rewards from fees collected by the Fringe ecosystem.
- USB Stablecoin Platform: Fringe Finance provides a stablecoin platform pegged to the US Dollar, allowing users to mint and manage stablecoin investments.
- Future Development: The platform has announced future features such as cross-chain collateralization, fixed-interest loans, a truly decentralized UI, and embedded DeFi insurance.
Goals
- Unlocking Dormant Capital: Fringe Finance aims to aggregate and unlock value distributed amongst untapped digital assets.
- Improving DeFi Ecosystem: The platform is committed to providing robust, cost-efficient, and secure solutions for a diverse range of users.
Platform Details
- Fringe Finance Token (FRIN): FRIN is the native token used in the Fringe Finance ecosystem.
- Governance: The platform is transitioning governance to the Fringe Finance DAO, allowing stakeholders to guide its future direction.
Price | |
52W High price | $0.01 |
52W High date | 8th Jan 2024 (9 months ago) |
All Time High (ATH) Date | 13th Mar 2021 (3 years ago) |
ATH Price | $0.08 |
% From ATH | -99.33% |
All Time Low (ATL) Date | 5th Aug 2024 (2 months ago) |
ATL Price | $0.000460260000 |
% From ATL | 18.83% |
Supply & Trading Volume | |
Trading Volume (24h) | $142,950.00 |
Total Supply | 1.00B |
Circulating Supply | 1.00B |
FRIN
How does Fringe Finance's (FRIN) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-28.2%
FRIN
-24.3%
Similar Market Cap
60 Day Return
-60.8%
FRIN
-39.0%
Similar Market Cap
1 Year Return
-54.8%
FRIN
-28.9%
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
Reddit Subscribers | |
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Active Reddit Users (past 24h) | |
Discord users | 355 |
Active Discord Users | 21 |
Telegram Users | 2,702 |
Twitter followers | 25,114 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
Website | https://fringe.fi/ |
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Explorer | https://etherscan.io/token/0xC9fE6E1C76210bE83DC1B... |
@fringefinance |
What is the correct contract address for Fringe Finance?
Ethereum | 0xc9fe6e1c76210be83dc1b5b20ec7fd010b0b1d15 |
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Has Fringe Finance been audited for security?
No security audits found for this project.
Are you the owner of Fringe Finance? Edit it here
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