FrozenBlock Finance 🧊
Official Docs & Whitepaper
What is FrozenBlock Finance?
FrozenBlock Finance is a seignorage protocol aiming to build an ecosystem of pegged bluechip tokens with a fully collateralized stablecoin. Our protocol will be first introducing AVAXF - Frozen AVAX, which is a token pegged 1:1 with AVAX. This will be our initial launch token in order to develop initial liquidity and early investors. As the project progresses, we will be introducing new pegged tokens of the top blue-chip cryptos like ETH, BTC, LINK, and more. Together, these pegged tokens will create an entire ecosystem of DeFi products, allowing users to earn sustainable high yields on the top blue-chip cryptos. In addition, FrozenBlock Finance will be expanding on the basic seignorage model with a collateralized stablecoin. By having our own native stablecoin, we will be able to complete the full ecosystem and allow users to lend and borrow against their other crypto assets to further diversify in FrozenBlock products. FrozenBlock Finance will be operating on the Avalanche network but eventually expanding to become a cross-chain seignorage protocol offering multiple peg tokens across multiple blockchain networks.
What Makes Us Different?
FrozenBlock Finance is focused on making a complete DeFi ecosystem product. Rather than just offering simple staking and farming, we will be innovating in order to create new and unique mechanics in DeFi. We are expanding beyond the traditional seignorage staking protocol to bring multiple pegged assets, a full collateralized stablecoin, borrowing and lending, and so much more. By combining economic principles from multiple successful DeFi protocols and integrating our own unique mechanics, we will be able to offer sustainable high yields on multiple blue-chip crypto assets. This allows users to maximize their returns and earn interest while holding their favorite crypto tokens.
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