Protocol Information

Coffin Finance protocol is a partially collateralized stable token project. Coffin Finance team believes in the potential of Fantom Opera, so rather than using USDC, it uses FTM and COFFIN (the protocol's native token) as collaterals to mint CoUSD stable tokens. This makes it truly decentralized! A big part of the platform revenue will be given back to the community through its high yield farming options, which includes both staking liquidity pairs and single asset staking.

Category:Algo-Stables

Audits:Yes

Methodology

Competitors