Increment

Increment Labs is developing different DeFi protocols on the Flow blockchain, with the objective of becoming the liquidity and yield engine for the Flow ecosystem. Increment Earn refers to a pool-based, algorithmically-set interest rate, decentralized money market created for fungible tokens on the Flow blockchain. It collates user-supplied funds into smart contracts, and deposited fungible tokens are utilized as collaterals for borrowing fungible tokens.

Increment Finance is a DeFi platform on Flow blockchain enabling users to get staking rewards without locking tokens. Users can lend and borrow tokens on Money Market and trade on AMM/DEX. Users can supply fungible tokens to receive interest and utilize deposited funds as collateral, to borrow other fungible tokens

The decentralized exchange for trading fungible tokens on Flow allows users to swap. Users can create arbitrary fungible token trading pairs and trade pegged assets on Flow. Liquid Staking is also enabled with stFlow, a token derivative to receive Flow Staking Rewards. Users can deposit stFlow to the lending market for extra yields and borrow other assets. They can redeem stFlow back into liquid Flow through DEX.