handle.fi is a revolutionary decentralised multi-currency stablecoin protocol that provides the platform for creating and exchanging an array of multi-currency stablecoins, known as fxTokens. Representing and softly pegged to various currencies, fxTokens offer a new dimension to the crypto world. These stablecoins are created by users who deposit eligible collateral and mint stablecoins that are secured by this collateral.
About handle.fi
Handle.fi is a decentralized financial platform built on blockchain technology. It is specifically designed to cater to the needs of those who wish to deal with multi-currency stablecoins. The main product of handle.fi is the fxToken, which is a variety of stablecoins representing different currencies.
fxTokens: Stablecoins of the Future
fxTokens are the stablecoins offered by handle.fi. These tokens are collateral-backed and are soft pegged to a variety of global currencies. This means that each fxToken represents a certain currency and its value tends to move along with the value of that particular currency. In this way, handle.fi allows for stability in the often volatile world of cryptocurrencies.
Creation and Exchange of fxTokens
Creating and exchanging fxTokens on handle.fi is a simple and straightforward process. Users begin by depositing eligible collateral. This collateral then backs the creation, or minting, of stablecoins. These newly minted stablecoins are what is referred to as fxTokens. Users are then free to exchange these fxTokens within the handle.fi ecosystem.
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