Popsicle Finance (ICE)is a platform that manages liquidity across multiple chains to seek to provide users with high yields on their assets in the liquidity pool while increasing capital efficiency. The platform aims for the products to help the users and provide value to the cryptocurrencyecosystem. The platform believes that the blockchainis an open and efficient financial infrastructure built for everyone. Therefore, the products of the platform aim to be completely community driven.
The platform identified that the current situation of the blockchain space is not chain-agnostic. Therefore, the users have to choose between chains like Ethereum, Binance Smart Chain (BSC), Fantom Opera, and several others. Binance Smart Chainis a platform that facilitates decentralized, fast trading. Meanwhile, Fantom Operais an open-source, permissionless, fast and secure network to build decentralized applications. Popsicle Finance believes that the community should work together as a blockchain ecosystem instead of working on separate chains. The platform further believes that the user should have the right to think about how the assets should be utilized. Therefore, the user needs service to access the liquidity everywhere, on every chain. Also, the platform’s aim is to diversify and to provide access to DeFitools to everyone and everywhere regardless of the chain so that users do not have to consider which chain they are using.
ICE is the official tokenof the platform, which is minted as an ERC-20token on the Ethereum mainnet. The token is bridged to all the other supported blockchains. The ICE token is purely a governance token, and as the product is built, the token seeks to become more pivotal. Furthermore, the platform uses the nICE token, the fee-sharing tool for Popsicle Finance. Some performance fee is charged on the profits collected by Sorbetto Fragola and Sorbetto Limone. The fee is further collected and distributed to nICE holders in ICE tokens. Sorbetto Fragola and Sorbetto Limone seek to allow liquidity providers to maximize the passive income and trading fee gains on decentralized exchanges.
History of Popsicle Finance (ICE)
The maximum total supply of ICE tokens is 69Mn. The team behind Popsicle Finance has been working in the cryptocurrency space since 2015.
