We have integrated FTX’s $FTT!
FTX’s $FTT is the latest collateral type listed on our Primary Lending Platform!
We are glad to announce another top-50 token’s integration into Fringe’s Lending Platform!
As of yesterday, the FTT Token is a valid collateral type for permissionless, instant $USDC loans. Leveraging an $FTT position is now as simple as depositing your tokens onto your collateral safe inside Fringe’s decentralized lending platform and borrowing up to 50% of your $FTT’s value!
FTX Token ($FTT) is “the backbone of the FTX ecosystem.” It gives rebates to holders on FTX Trading and OTC Fees, can be staked for benefits into FTX’s cryptocurrency trading platform, and is constantly re-bought by FTX on the open market to be burned.
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.
FTX is a cryptocurrency exchange built by traders, for traders. FTX offers innovative products, including industry-first derivatives, options, volatility products, and leveraged tokens. We strive to develop a platform robust enough for professional trading firms and intuitive enough for first-time users. The FTX Token ($FTT) is the backbone of the FTX ecosystem.