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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