Finext is a decentralized finance (DeFi) app with a seigniorage algorithmic token on Arbitrum.
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.
