stEUR integration on Fringe V2.5

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Context

Fringe Finance, the DeFi lending and margin trading platform, has announced the launch of V2.5 on the 17th of September. A substantial enhancement to our DeFi margin trading and lending platform. This update introduces a host of new features and improvements offering users opportunities to maximize their capital efficiency.

stEUR, an Angle ERC4626 Token Support

Among other updates, v2.5 will support selected ERC4626 tokens, a standardized interface for yield-bearing vaults. The list of the supported assets includes stEUR, an Angle ERC4626

stEUR use cases on Fringe Finance

  1. Extra Yield Generation: Similar to LP tokens, lend select ERC4626 tokens for additional returns.
  2. Isolated Yield Exposure: Gain exposure to an ERC4626 token’s yield without underlying asset price exposure.
  3. Negative Yield Strategies: Profit from negative yield scenarios.
  4. Collateralized Borrowing: Use ERC4626 tokens as collateral for loans.
  5. Leveraged Positions: Amplify exposure to ERC4626 tokens.
  6. Arbitrage Opportunities: Profit from price discrepancies between ERC4626 tokens and their underlying assets.
  7. Risk-Hedged Staking: Earn staking rewards while hedging various risks associated with ERC4626 tokens.

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Proposition to Angle

Fringe Finance asset integration doesn’t require any technical assistance from the Angle team however to amplify the exposure to the opportunity that will increase the capital efficiency of stEUR holders we propose the following:

  • Announce the integration on social networks and the blog
  • Join Fringe community calls and/or invite the Fringe team to participate in Angle community calls
  • Deploy part of stEUR from Angle treasury to Fringe to earn additional yield or take a loan against it

About Fringe Finance

Fringe Finance is a decentralized money market designed to unlock the capital spread in crypto assets regardless of their capitalization and supported network.

For more information on Fringe Finance, visit our website fringe.fi, follow us on Twitter @fringefinance and join our Telegram @fringefinance!

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Thanks a lot for the proposal here!

Would love to announce the integration on our networks and join your calls to promote the integration!
For the treasury, the protocol doesn’t own stEUR that it can invest at the moment.
Happy to continue the conversation here over on Telegram (my handle is pveyrat)

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