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Defrost Finance

Defrost Finance

Defrost Finance is a decentralized protocol that allows users to utilize liquidity pool (LP) tokens and other pool tokens from various Avalanche and cross-chain protocols as collateral for generating H2O, a soft-pegged stablecoin native to the Avalanche ecosystem.

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All edits by  Johnathon Toy 

Edits on 2 Feb, 2022
Johnathon Toy profile picture
Johnathon Toy
edited on 2 Feb, 2022
Edits made to:
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Description (+129 characters)
Article (+964 characters)
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Defrost Finance

The future of DeFi. Use your yield-bearing tokens to mint H2O, the only stablecoin native to Avalanche, and get MELT as a reward.

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Defrost Finance is the platform behind the next generation stablecoin and provides remunerative investment opportunities. A fully fair launch, decentralized project, its aim is to change the world of finance for good.

Defrost Finance is a decentralized protocol that allows you to leverage yield-bearing Tokens or other pool tokens from Avalanche and cross-chain protocols as collaterals for generating H2O, a USD-pegged stablecoin. Defrost Finance helps users improve capital efficiency from assets locked in pools or vaults. It supports users to provide liquidity to gain additional yields from features such as farming, borrowing, staking, swap, and bridge support for convenience when trading.Defrost is a community-based project. Participants can deposit their assets in Liquidity Pools from swaps and mint H2O to acquire MELT, the platform’s governance token. This not only allows you to stake assets but gives you a seat at the table when decisions are made.

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Twitter
https://twitter.com/defrost_finance
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Johnathon Toy profile picture
Johnathon Toy
created this topic on 2 Feb, 2022
Edits made to:
Infobox (+2 properties)
Topic thumbnail

 Defrost Finance

Defrost Finance is a decentralized protocol that allows users to utilize liquidity pool (LP) tokens and other pool tokens from various Avalanche and cross-chain protocols as collateral for generating H2O, a soft-pegged stablecoin native to the Avalanche ecosystem.

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Cryptocurrency
Cryptocurrency
Website
https://www.defrost.finance/home

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