Stablecoin Information
Preon is a decentralized, lending protocol that allows you to borrow against your crypto - at 0 interest. Loans are paid out in $STAR (our USD-pegged stablecoin) with a minimum maintained collateral ratio of 110%.
Category:crypto-backed
Minting and Redemption
Users deposit wMatic, weth or wstETH as collateral to generate the debt token STAR.
Audits:
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | +0.00% | +0.00% | +0.00% | 34,290.43 | ||
| 0.00% | +0.00% | +0.00% | +0.00% | 27,046.12 | ||
| 0.00% | -0.01% | -0.01% | -0.01% | 5,154.56 |