Friday, October 29, 2021

Coffin Finance | Partial Collateralized Algorithmic Stable Token Project on Fantom | Coffin Finance will be the first decentralized, capital efficient and partial-collateralized stablecoin protocol on Fantom Opera. The price volatility of cryptocurrencies is a major blocker for mass adoption, especially in the case of Fantom Opera. The price stability will ease the new user’s minds for new fields. The protocol aims to not only increase liquidity, create a way to store value on Fantom Opera, but also want to use it as a medium for some use cases after a successful launch.

Coffin Finance:

Coffin Finance | Partial Collateralized Algorithmic Stable Token Project on Fantom | Coffin Finance will be the first decentralized, capital efficient and partial-collateralized stablecoin protocol on Fantom Opera. The price volatility of cryptocurrencies is a major blocker for mass adoption, especially in the case of Fantom Opera. The price stability will ease the new user’s minds for new fields. The protocol aims to not only increase liquidity, create a way to store value on Fantom Opera, but also want to use it as a medium for some use cases after a successful launch.

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