Defrost Finance is a platform is a next-generation stablecoin-based platform that provides remunerative trading opportunities to its users. The platform carries a mission to change the world of finance for good with its decentralized and fully-fair launch project. Defrost Finance functions as a decentralized entity for allowing its users to leverage LP (Liquidity Provider) or other pool tokens from numerous Avalanche and cross-chain protocols. Cross-chain refers to a protocol that adds interoperability between different blockchains. This process concludes of leveraging pool tokens as collateral to generate H2O (platform’s stablecoin).

Additionally, the H2O stablecoin pays for this trade of using the LP tokens as collateral. H2O functions as a soft USD-pegged currency, native to the Avalanche Network. The Avalanche Network is a blockchain with smart contract compatibility to provide better transaction speed with low costs.

Additionally, the Defrost Finance ecosystem aims to improve the capital efficiency of its users by locking assets in the pool or vault. The provided liquidity by the network users gains them extra yields through various channels, such as farming or staking.

The Defrost Finance ecosystem has two primary tokens:

Michele is the CEO and co-founder of the Defrost Finance platform. The total supply of the MELT token is one hundred billion.