• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
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Frankenstein Finance

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Rewards
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Volume
The fiat value of incoming dapp transactions over a period of time
$0
Contract Balance
The total fiat value of assets in a dapp's smart contracts
$18
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Blockchain
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News

Ethereum Network Positioned for Euro Stablecoin Adoption

Ethereum Network Positioned for Euro Stablecoin Adoption

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The Ethereum network is being considered as the settlement layer for a potential euro-denominated stablecoin, marking a significant shift in blockchain adoption.
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Bayarjavkhlan Ganbaatar

Altcoin Market Cap Weakens Amid Structural Changes

Altcoin Market Cap Weakens Amid Structural Changes

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The total crypto market cap excluding the top 10 cryptocurrencies is showing signs of weakness, with a shift from expansion to distribution.
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Mohamed Farouk

Morgan Stanley Set to Launch First Major US Spot Bitcoin ETF

Morgan Stanley Set to Launch First Major US Spot Bitcoin ETF

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Morgan Stanley is set to become the first major US bank to launch a spot Bitcoin ETF on April 8, 2024.
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Elias Mukuru

What is Frankenstein Finance?

Inspired by Swamp.Finance, Frankenstein.finance is a yield optimizer, which enables yield aggregation for holders and users of FRANK tokens.To facilitate automation of the yield farming and the process of compounding, Frankenstein.finance uses vaults. Vaults also enable a more efficient utilization of gas, as well as other automated processes, and use different yield strategies to help users grow their assets through automation. Frankenstein.finance has an optimal compounding strategy with an efficient pricing model, designed to encourage long-term yield farming and provide appropriate incentives for long-term holders. Thanks to the automation factor in the process of yield generation and compounding, users don't need to manually reinvest their staking rewards, but can rely on automated asset growth by simply making a deposit into a Frankenstein.finance vault. FRANK holders also don’t need to have extensive knowledge of the underlying protocols that support automation and yield optimization, while depositing funds to vaults represents a passive investment strategy. The goal is to increase the initial value of assets deposited by users, similar to how crypto hedge funds work, with minimal involvement on users’ end.

In addition to all the features that Swamp.Finance's smart contracts offer, Frankenstein.Finance offers more core features on its ecosystem like having its own Lottery, a Referral system, and a Workers panel, in where users can interact and harvest pending rewards for the entire farm or pool, earning some FRANK tokens in exchange, similar to what Acryptos has. All these features added are inspired from other big projects on BSC, that's why the name of Frankenstein, it has monster smart contracts in its core, adding  functional usage of the token, with the ability to reward users via its Rewards System and Lottery.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.