Fringe is listing $OMG for decentralized loans on December 21st!
Dear Fringe community members,
We’re pleased to announce that we’re integrating $OMG as an accepted collateral asset! This means that stablecoin loans on the Fringe Primary Lending Platform will be available through $OMG collateral.
The OMG Foundation is based on Plasma, a framework developed by Ethereum’s Vitalik Buterin to move bulk away from the Ethereum blockchain. The native token, $OMG, is a network governance token used to pay transaction fees and receive staking rewards.
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 the OMG Foundation
The OMG Network (now OMG Foundation) is a decentralized, peer-to-peer, Layer-2 scaling solution that bundles and validates thousands of Ethereum transactions per second to increase the transactional output of Ethereum.
For more information on the OMG Foundation, visit their website.
