Fringe Finance is listing $MKR for decentralized loans on April 19th!
It’s our pleasure to announce the integration of Maker ($MKR) into our platform! This means that users will be able to access stablecoin loans while holding onto their $MKR 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.
$MKR is the native ERC-20 governance token for Maker Protocol. The primary function of $MKR is to provide its holders with voting rights regarding Maker’s development and any proposals that could impact the DAI stablecoin.
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.
Maker Protocol is an expansive decentralized application on the Ethereum blockchain. It is responsible for powering and maintaining DAI, the first collateral-backed, decentralized stablecoin. Maker Protocol is governed by the MakerDAO, which is exclusively composed of $MKR holders.
For more information, please access their website.