Fringe Finance: Abbreviated Introduction

Fringe Finance is a decentralized money market conceived to unlock the capital spread in crypto assets irrespective of their capitalization and supported network. Based on an innovative DeFi lending & borrowing ecosystem, Fringe aims to free the fixed capital from traditional financial markets and all-tier cryptocurrencies. 

The altcoin market Fringe aims to serve is already estimated at ~$45 billion. 

The primary lending platform (PLP), a central element of the project, works similarly to Compound Finance. However, its differentiating features are: 

• The primary capital pool will be restricted to select stablecoins 
• Primary collateral safes will accept a larger variety of tokens (tiers 0 ???? 2) 
• Platform fees will be distributed as rewards to FRIN token stakers 

Fringe Finance has not disclosed information about its registration with competent authorities or patent applications. 

The PLP is deployed to the Ethereum blockchain but the company seeks to develop a solution integrating multi-chain assets. 

The project has a detailed roadmap available for public consultation. Its initial steps have progressed: staking yield farming and USB stablecoin platform. Fringe Finance’s TVL currently stands at ~$28k.  

The total supply of FRIN tokens is 1,000,000,000. Currently, there are approximately 695 million tokens in circulation. The token has been listed on DEXs and CEXs. The market capitalization of Fringe Finance is approximately $3.8 million. 

The team is composed of 12 experienced entrepreneurs, developers, and managers. 

Fringe Finance has limited followership across social media channels, with a presence on Twitter, Facebook, Discord, Telegram, and LinkedIn. 

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