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Finext Logo

WEB3 3.0 WINNER

Finext

Finext is a decentralized finance (DeFi) app with a seigniorage algorithmic token on Arbitrum.

DeFi DappsDecentralized Derivatives
|

Open-source

Chains:Arbitrum

What

is

Finext

Finext Finance Protocol is designed to expand and contract supply, similar to the way central banks trade fiscal debt to stabilize purchasing power. Finext is a decentralized finance (DeFi) app with a seigniorage algorithmic token on Arbitrum, bringing a model that follows the price of a defined asset (ETH in this case). Setting a protocol that will push the price up or down to stay close to the peg target. Finext finance was inspired by the most successful algorithmic stablecoins on Fantom: Tomb finance.

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