Asteroid Finance

Asteroid Finance is a lending platform that uses Cronos chain tokens as collateral to borrow a USD pegged stablecoin, that can be used as any other traditional stablecoin.

The Asteroid Finance protocol is currently undergoing testing and we will have more information to share in the near future. Cronos Mainnet release is set for February 2023.

We believe the Asteroid protocol will allow the BOC treasury to earn additional revenue and create the preferred stablecoin for future bonds.