Francium Crypto Platform

Pros

$11,553,644 USD currently invested (TVL)

Investments in 15 coin pairs available

Operating on Solana protocol

Cons

Solana network suffers shortages

Investments in liquidity pools can be higher risk

Liquidity pool investments are only suitable for advanced crypto users

Francium Reviews

The Francium protocol is a yield aggregator that is built on the Solana blockchain network. The Francium network was founded with support from the Solana network, and Serum protocol. There is no detail about the founders or the team. Francium protocol is built on the Solana network that has been severely affected by FTX’s crash. Solana network had strong ties with FTX exchange and its sister company Alameda Research according to the news. Solana's price went down more than 50% after the FTX filed for bankruptcy. Solana blockchain network had suffered shortages a few times and lost reliability in the market before. Solana was among the top 10 coins by market cap but lost its place since Solana’s future is questioned. The price of the Sol coin is in a downtrend.

The key difference that the Francium offers is leveraged and hedged yield farming tools. The protocol also offers lending tools, smart trading strategies, and DeFi combination strategies for users. Leveraged yield farming (LYF) is an innovative investment tool that allows users to access more capital to invest and earn more. For example, you have 1000$ worth of SOL tokens and you can borrow more SOL tokens and then invest all of them in a farming pool. Of course, the return will be bigger but using leverage always bears a risk. If the yield is lower than expected or impermanent loss occurs, then you still have to pay back the SOL token you borrowed. Your initial capital will be liquidated to pay back the loans. LYF is explained on the protocol’s website.

The Francium protocol is a decentralized crypto finance app that anyone with a web wallet can use. The protocol is permissionless and trustless. The Francium works with other Solana DeFi protocols Raydium and Orca. Francium finds the best yields farming pools on those platforms and tries to provide the best return on investments.

The protocol hasn’t been hacked or exploited by hackers so far. But users must be careful with leveraged investment products.

Francium Supported Currencies

Francium supports over 10 currencies including Tether, Solana, Raydium and Zebec Protocol.

Francium Key Data

Company

Year founded	2,021
Decentralised	Yes

Products

Savings accounts	Yes
Crypto to crypto exchange	No
Fiat to crypto exchange	No
Pro exchange marketplace	No
Peer to peer exchange	No
Margin trading	No
Futures exchange	No
DEX aggregator	Yes

Security

Know your customer

No

Support

24/7 support	No
Email support	No
Phone support	No
Chat support	No

Investment Strategy

Liquidity pools	Yes
DeFi products	Yes
Unsecured loans	No

Useful Links

Francium Contact Details