Fringe Finance is integrating Onyx Protocol’s $XCN for stablecoin loans on April 5th!
We are in the process of integrating $XCN into our platform, and you can now use it as collateral on our Primary Lending Platform. This means that users will be able to access $USDC stablecoin loans while holding onto their $XCN tokens, allowing them to optimize their capital and maintain their positions.
Fringe is also in the process of launching its multi-chain v2 product, featuring a new approach to decentralized loans on Arbitrum, Polygon, zkSync, and the Ethereum Mainnet.
Onyx Network’s native token, Chain Token ($XCN), enables holders to participate in protocol improvements by granting them voting rights. Additionally, XCN serves as a means of payment for services across the entire chain protocol 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.
For more information on Fringe Finance, visit our website.
About Onyx Protocol
Onyx Protocol is a technology company that leverages blockchain to provide superior financial services. Its web3 blockchain infrastructure, Onyx, empowers organizations to develop improved financial services from scratch, creating a more secure and efficient ecosystem.
For more information, please access their website.