Fringe Finance V2 and V3 will have several cases that require the swapping process.
02 Nov 2023, 06:34
Fringe Finance V2 and V3 will have several cases that require the swapping process. We're glad to announce that on Ethereum, Arbitrum, Optimism, and Polygon chains we will be using @paraswap one of the leading DEX aggregators.
🧵What are those cases? Dig into the thread!
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202 Nov 2023, 06:34
1⃣Leverage position opening (leverage borrow)
We take a 'naked loan' from our lending pool, then swap that on a DEX for collateral assets to collateralize the loan.
2⃣Leverage position closing
We swap collateral on a DEX for the lending asset to repay and close the position.
Leverage position opening (leverage borrow).
1⃣Leverage position opening (leverage borrow)
We take a 'naked loan' from our lending pool, then swap that on a DEX for collateral assets to collateralize the loan.
2⃣Leverage position closing
We swap collateral on a DEX for the lending asset to repay and close the position.
02 Nov 2023, 06:34
3⃣Loan repayment using collateral
We swap collateral on a DEX for the lending asset to repay and close the position.
4⃣Repay loan using LP collateral
LP token is unwrapped on the DEX for the underlying tokens which are then swapped on a DEX for borrowed assets to repay the loan
Loan repayment using collateral. We swap collateral on a DEX for the lending asset to repay and close the position.
3⃣Loan repayment using collateral
We swap collateral on a DEX for the lending asset to repay and close the position.
4⃣Repay loan using LP collateral
LP token is unwrapped on the DEX for the underlying tokens which are then swapped on a DEX for borrowed assets to repay the loan