Fringe Finance Set to Launch on Base Network on December 20, 2024

Cocos Islands, External Territories of Australia Dec 20, 2024 (Issuewire.com) - Fringe Finance is thrilled to announce its official launch on the Base network, set for December 20, 2024. This strategic move aims to redefine the DeFi landscape on that rapidly exploding ecosystem by introducing advanced tools and supporting a wide range of assets, including Liquidity Provider (LP) tokens, ERC4626 tokens, and select memecoins.

Expanding DeFi Horizons with Key Features:

• Amplify: This innovative feature enables users to gain leveraged exposure to supported assets, optimizing yield opportunities without additional upfront capital.
• Margin Trading: Users can leverage their positions on various assets, including LP tokens, ERC4626 tokens, and memecoins, to maximize capital efficiency and potential returns.

Support for New and Time-proven Asset Classes at Launch:

• LP Tokens: Unlock the value of liquidity provisions by utilizing LP tokens as collateral (e.g., USDC/AERO).
• Memecoins: Enhanced price handling ensures secure listing of select memecoins, catering to high-risk, high-reward opportunities (e.g., BRETT, DEGEN).
• ERC4626 Tokens: The ERC4626 standard enables yield-generating strategies, allowing users to benefit from vault token yields without direct exposure to underlying assets (e.g., jUSDC).
• Stablecoins: USDC, USDT, EURC
• Major Cryptocurrencies: ETH, cbETH, cbBTC, tBTC, wstETH
• DeFi and Gaming Tokens: MAVIA, AERO

These additions address diverse user needs, offering access to previously untapped markets within the DeFi landscape.

A Commitment to DeFi Advancement

Fringe Finances integration with the Base network underscores its dedication to advancing decentralized finance. By providing users with flexible financial tools and expanding possibilities within DeFi, Fringe Finance aims to create an inclusive and efficient financial ecosystem.

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.

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For more information on Fringe Finance:

• dApp
• Website
• X
• Telegram channel
• Telegram community