Flurry is committed to improving the usability of decentralized finance (DeFi). In the past, the layout of DeFi products was complicated, and users could not enjoy the benefits brought by DeFi products, but also accumulated negative comments from users on DeFi. DeFi is not only built for those who are proficient in this technology, but should serve the general public. Flurry aims to make the operation of mortgage token interest collection simple and convenient, and bring a high-quality experience to all users. Therefore, the introduction of rhoTokens - a cross-chain token, will take advantage of its potential stable currency nature to mortgage token interest at a lower cost and bring the risk of decentralization.
Profit: The FLURRY protocol automatically operates to earn interest and achieve income aggregation.
Transaction: rhoTokens are pegged 1:1 to the deposit stablecoin, and the value of the stablecoin is pegged to the US dollar.
Payment: Therefore rhoTokens can be used as a payment medium for transactions.