Preon Finance (PREON)

Total Value Locked

$3.03m

Chain Breakdown
Polygon	$2.37m
Arbitrum	$662,349

TVLUSD InflowsTweets

USD MATIC

Protocol Information

Preon is a decentralized, lending protocol that allows you to borrow against your crypto - at 0 interest. Loans are paid out in $STAR (a USD-pegged stablecoin) with a minimum maintained collateral ratio of 110%

Category:CDP

Forked from:Liquity

Audits

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Methodology

TVL: Adds up the total value locked as collateral on the Preon Finance

TVL code

Competitors

Overnight USD+ ($76.42m)Angle ($35.75m)QiDao ($18.73m)Parallel Protocol ($12.1m)mStable CDP ($3.11m)MakerDAO ($4.133b)JustStables ($1.553b)Liquity ($323.51m)lisUSD ($186.45m)Thorchain Lending ($159.25m)