Preon Finance

Preon Finance is a decentralized CDP protocol where users deposit crypto to mint STAR, a decentralized over-collateralized stablecoin pegged to the USD, at 0% interest with a minimum collateral ratio of 110%.

STAR can be deposited into the stability pool to receive discounted collateral during liquidations, or into liquidity pools to earn yield.

The system supports on-chain borrowing against collateral and liquidity provisioning within a single DeFi framework.