Fringe Finance is integrating $ZRX as a collateral asset!
Fringe and $FRIN community,
It’s our pleasure to be announcing our integration of 0x’s token! As a result, $ZRX will be recognized as an accepted collateral type on Fringe’s Primary Lending Platform. Users will now be able to take out stablecoin loans and leverage their $ZRX, optimizing their capital while maintaining their $ZRX positions.
The $ZRX token powers the 0x protocol, which hosts an off-chain order book, provides user-facing applications that display this information, and enables users to create, fill, and cancel transactions with trading costs paid in $ZRX tokens. Additionally, holders of $ZRX can use it to take part in platform governance by making suggestions and casting votes for protocol updates.
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.
0x is an infrastructure protocol that allows users to easily trade ERC20 tokens and other assets on the Ethereum blockchain without relying on centralized intermediaries like traditional cryptocurrency exchanges.
For more information on 0x, access their website