Previously known as Bonded Finance, the Fringe Finance platform is committed to opening the capital in conjectural cryptocurrency assets by delivering loans collateralized by the assets. As per the whitepaper, the holders of these conjectural assets who have the conviction to their tokens' upside price possibility can put them to practical work rather than just waiting idly for their price to appreciate. Fringe Finance's vision contains fixed-yield loans, cross-chain collateralization, embedded DeFi insurance, and a genuinely decentralized UI, which deliver a platform rich in elements to service the developing crypto economy. The platform gives temporary yield farming possibilities to promote different actors to interrelate with Fringe Finance, encouraging adoption and awareness. 

Some smaller altcoin cryptocurrencies have lower liquidity and more undersized market capitalizations, and they are not sufficiently supported by different DeFi platforms. These small altcoins apply to a niche use case or are usually new and thus can be more theoretical than more widespread, prominent cap cryptocurrencies. The funds sealed in the smaller altcoin assets usually cannot efficiently be deployed into the DeFi space because of the absence of broad backing by DeFi platforms. The platform seeks to solve this issue by accepting various smaller altcoin assets as collateral for stablecoin loans. Though these smaller altcoins are more volatile than the more significant, more famous coins, Fringe Finance utilizes an assortment of borrowing parameters and corresponding mechanisms with the aim to hold the soundness and financial security of the platform.

The FRIN token is native to the platform. For the token holders to obtain rewards (a percentage of fees gathered by the Fringe Finance platform), FRIN tokens must first be staked to the token's staking pool. Rewards are granted to the token stakers as per their proportion of the FRIN token staking pool.

The Fringe Finance platform was founded in 2018. The founding team of Fringe Financeincludes Paul Mak as the Managing Partner and Tania Tare as the Media Relations Specialist.