H2O-Defrost Finance H2ODetailed Description

H2O-Defrost Finance H2O Detailed Description

Defrost Finance is a decentralized protocol that allows you to leverage LP tokens or other pool tokens from Avalanche and cross-chain protocols as collateral to generate H2O. Loans using your LP tokens as collateral are paid out in H2O (soft pegged to the USD) and each vault is required to maintain a healthy collateral position.