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Fluid Protocol
Fluid Protocol is the native stablecoin protocol of the Fuel network, allowing users to borrow the USDF stablecoin against collateral via 'Troves', earn yield through a Stability Pool, and stake the FPT governance/utility token.
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Fluid Protocol
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Description
Fluid Protocol is an over-collateralized, decentralized borrowing platform within the Fuel ecosystem. It allows users to borrow USDF, a stablecoin soft-pegged to the USD, by depositing collateral without paying interest. Inspired by Liquity, Fluid supports multiple collateral types and features a fixed collateral ratio (135%), partial liquidations, and governance-free fiscal policy. It aims to provide capital efficiency while maintaining user security with no recovery mode.Category: DeFi
TVL: $34K
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