$NORTH is the main token of North Pole, a lending platform on the Avalanche chain. North Pole allows users to borrow/leverage their interest bearing assets in exchange for the stablecoin $POLE which can be swapped for USDT.e , USDC.e, or DAI.e on avax.curve.fi .

$NORTH can be staked on northpole.money for $sNORTH to obtain a share of the fees from borrowing and liquidations that occur on the platform, and holds governance over the platform.

North Pole hopes to become the staple lending platform on the Avalanche chain, with a growing list of Partner assets being on-boarded.