 | Fluid Protocol (FPT)Fluid Protocol is a decentralized borrowing platform built on Fuel which lets users secure interest-free loans against collateral using USDF, Fuel Network’s native stablecoin. Seed Round: $3.9 Million IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenWhat is Fluid Protocol
Fluid Protocol is an over-collateralized, decentralized borrowing platform specifically built for Fuel Network. Fluid provides users with a secure and efficient way to unlock liquidity from their collateral without selling their underlying assets, thereby enabling maximum capital efficiency.
USDF, the flagship product, is an over-collateralized native stablecoin soft-pegged to the US Dollar. By depositing collateral, borrowers can draw 0% interest-free loans, offering immediate liquidity while retaining ownership of their collateral—all without incurring interest charges or recurring fees. This battle-tested approach meets the demand within the Fuel community for a decentralized, stable unit of account.
DetailsToken supply: 100,000,000 FPTRaised: 3,900,000 USD LegalBlockchain Platform: FuelRegistration year: 2024 | Token infoTicker: FPTType: Utility-token Token standard: ERC-20 Token distribution: Community - 45% Investors - 20% Team - 21% Treasury - 14% |
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