Fringe is listing $ILV as a collateral asset type on March 1st!
Dear Fringe community,
We are excited to announce the integration of Illuvium’s $ILV token on our Primary Lending Platform! This integration allows $ILV holders to easily access fast, permissionless, stablecoin loans on Fringe’s PLP. Through the integration, holders of $ILV can use their tokens as collateral to access $USDC loans without needing to sell their tokens.
$ILV is a utility token designed to provide users with voting and staking capabilities within the Illuvium DAO. The token also acts as a currency, enabling users to make purchases on the IlluviDEX platform, thus creating a revenue stream for the token. In addition, the token is fully ERC-20 compliant and powered by the Ethereum blockchain.
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.
Illuvium is a blockchain-based Role Playing Game (RPG). This open-world adventure enables players to hunt for unique in-game assets, known as Illuvials, that take the form of NFTs. These special tokens can then be utilized in various in-game activities such as combat, collection, and trading.
For more information, please access their website.