Fringe Finance

<p>Dear Fringe community,</p><p>It’s with great joy that we announce our integration of wrapped Ether ($wETH)! Thanks to this integration, users will be able to leverage their $wETH holdings, taking out stablecoin loans to maximize their assets while still keeping their $wETH.</p><p>$wETH is an ERC-20 token pegged to the price of Ether ($ETH). $wETH has a wider range of use cases than $ETH and is incredibly popular in the DeFi ecosystem. It’s also issued by a decentralized smart contract, so it does not have a centralized issuer like other wrapped tokens.</p><p>$ETH isn’t listed because it was the proto-token of the Ethereum Alt tokens, which means that it was built before the ERC-20 standard existed. This is why users need $wETH to be able to trade $ETH for other ERC-20 tokens.</p><h3 id="about-fringe-finance">About Fringe Finance</h3><p>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 &amp; borrowing ecosystem, Fringe aims to unlock the dormant capital from traditional financial markets and all-tier cryptocurrencies.</p><p>For more information on Fringe Finance, visit <a href="https://fringe.fi/" rel="noopener noreferrer nofollow">our website</a>.</p><h3 id="about-ethereum">About Ethereum</h3><p>Ethereum is a technology for building apps and organizations, holding assets, transacting and communicating without being controlled by a central authority. There is no need to hand over all your personal details to use Ethereum — you keep control of your own data and what is being shared. Ethereum has its own cryptocurrency, Ether, which is used to pay for certain activities on the Ethereum network.</p><p>For more information, please access <a href="https://weth.io/" rel="noopener noreferrer nofollow">their website</a>.</p>

Fringe Finance is integrating $wETH for stablecoin loans this October 21st!

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Fringe Finance

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