Preon Finance
Preon is a decentralized 0% interest CDP protocol that allows you to borrow against your crypto.
What is Preon Finance?
Preon allows for users to deposit their crypto to mint decentralized over-collateralized stablecoin STAR pegged to the USD at 0% interest with a minimum maintained collateral ratio of 110%. STAR can be deposited into the stability pool to receive discounted collateral during liquidations. It can also be deposited into liquidity pools to earn yield.
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Preon Finance alternatives
Explore web3 competitors and apps like Preon Finance.
River Inc
Frax Finance
MochiFi
Ebisu Finance
App store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.
