Defrost
Defrost Finance is a decentralized protocol that allows you to utilise liquidity pool (LP) tokens and other pool tokens from various Avalanche and cross-chain protocols as collateral for generating H2O, a soft-pegged stablecoin native to the Avalanche ecosystem. Defrost Finance helps users improve capital efficiency from assets locked in pools or vaults. Defrost Finance allows users to provide liquidity to gain additional yields from features such as farming, borrowing, staking, swap, and bridge support for convenience when trading.Defrost Finance gives birth to a stablecoin, H2O, which is backed by existing collateral with a proven record of value and stability. H2O can be minted by depositing collateral such as liquidity provider tokens from AMM dexes lending, and other DeFi protocols.
Defrost Finance is a decentralized protocol that allows you to utilise liquidity pool (LP) tokens and other pool tokens from various Avalanche and cross-chain protocols as collateral for generating H2O, a soft-pegged stablecoin native to the Avalanche ecosystem. Defrost Finance helps users improve capital efficiency from assets locked in pools or vaults. Defrost Finance allows users to provide liquidity to gain additional yields from features such as farming, borrowing, staking, swap, and bridge support for convenience when trading.Defrost Finance gives birth to a stablecoin, H2O, which is backed by existing collateral with a proven record of value and stability. H2O can be minted by depositing collateral such as liquidity provider tokens from AMM dexes lending, and other DeFi protocols.
