Finext

What is Finext?

Finext Finance Protocol is designed to expand and contract supply, similar to the way central banks trade fiscal debt to stabilize purchasing power. Finext is a decentralized finance (DeFi) app with a seigniorage algorithmic token on Arbitrum, bringing a model that follows the price of a defined asset (ETH in this case). Setting a protocol that will push the price up or down to stay close to the peg target. Finext finance was inspired by the most successful algorithmic stablecoins on Fantom: Tomb finance.