Fringe is integrating $LRC as a collateral asset on December 30th!
Fringe & $FRIN community,
We’re happy to report that $LRC will be listed as a valid form of collateral on the Fringe Finance Platform. $LRC is an ERC-20 token used for key protocol operations on Loopring, a zk-Rollup protocol that describes itself as “an open-source, audited, and non-custodial exchange protocol.”
Additionally, Loopring uses its native $LRC token to reward Zero-Knowledge Rollup (zk-Rollup) operators and liquidity providers. This integration with Fringe will allow our users to get more value from their holdings and maximize their positions across platforms.
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.
Loopring protocol is an open-source zkRollup protocol that leverages ZKPs to allow anyone build non-custodial, decentralized exchanges on top of it.
For more information on Loopring, visit their website.