We have listed Shiba Inu’s $SHIB as a collateral asset!
Dear Fringe community,
We’re pleased to share the news of our newest integration! This move adds Shiba Inu as an accepted collateral type on Fringe’s Primary Lending Platform. Users may now leverage their $SHIB positions through instant stablecoin loans, dispensing the need to sell their tokens.
Shiba Inu, which started out as the “DOGECOIN KILLER” meme coin, has developed into a thriving ecosystem with 585k+ community members.
Between our listing and this announcement, the first-ever fully decentralized $USDC loan against $SHIB has already taken place. We’re glad to be a part of this historic milestone for the ShibArmy!
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.
About Shiba Inu
Shiba Inu is the first and most successful dogecoin-inspired memecoin. It was created in August 2020 by the pseudonymous “Ryoshi.” Shiba Inu’s community, which includes over 585k members, is known as the SHIBArmy. It has launched a number of associated projects, such as the ShibaSwap DEX, the LEASH and BONE tokens, and the Shiba Incubator.