The Future of CDPs

Experience an innovative CDP (or Collateralized Debt Position) protocol that gives you the power to unlock your crypto assets’ full earning potential. With Preon, you can borrow against your assets at 0% interest, earning yields while your collateral works for you.

Borrow $STAR

$STAR, our overcollateralized USD-pegged stablecoin, against your crypto without paying interest.

Earn yields

Earn yields on your collateralized assets through low-risk yield farming strategies.*

*Only certain collateral types are made yield bearing, where the user earns yield on their collateral.

Share Revenue

Participate in protocol governance and revenue sharing opportunities with $PREON and $vePREON tokens.

Leverage $oPREON

Leverage $oPREON "option call" tokens to redeem $STAR and/or $PREON at a discount, or zap into $vePREON to boost revenue share.

Cross-chain

Cross-chain interoperability and yield opportunities powered by LayerZero omnichain integration.

Join the future of 0%-interest DeFi lending today.

TOkens of the Preon Ecosystem

$Star

The Power of Zero-Interest Borrowing

With $STAR, Preon's overcollateralized stablecoin, you can access liquidity without selling your assets. Borrow $STAR against various collateral options, deposited into Nebula Vaults, without incurring any interest charges, on any chain where Preon is deployed. Leverage $STAR's peg stability mechanics to unlock new DeFi opportunities.

$PREON & $vePREON

Explore Boundless Governance

$PREON is Preon's native omnichain-fungible utility token, empowering holders to shape the protocol's future through decentralized decision-making.Lock your $PREON into the veNFT contract to receive $vePREON, an ERC-721 token granting you a share of Preon's revenue streams and voting power.

$oPreon

Unique Yield Opportunities

By depositing $STAR into Preon's Stability Pool, you'll earn $oPREON emissions – an option token derivative of $PREON. Redeem $oPREON for discounted $PREON, zap it into $vePREON at a 1:1 ratio, or swap it for $STAR without upfront capital for a minimal fee. $oPREON unlocks dynamic new earning avenues.

01
Borrow

Submit collateral, receive the $STAR stablecoin.

Secure your loan by submitting collateral in the form of crypto assets, and receive Preon's stablecoin, $STAR, ensuring stability and flexibility in your borrowing.

02
Put it to Work

Seize new opportunities.

Channel your borrowed $STAR into new ventures that drive your financial journey forward.

03
Pay it Off

Your Assets Remain 100% Your Assets

Upon full repayment of your stablecoin loan, retrieve 100% of your collateralized assets without incurring any interest charges, closing fees, or hidden penalties.

04
Repeat

Continuously leverage your assets.

Enjoy the convenience of unlimited borrowing with Preon, allowing you to repeat the loan process and access funds endlessly.

Powerful Solutions for Optimized Yields

Nebula Vaults

Deposit your assets as collateral into Nebula Vaults and borrow $STAR, Preon's stablecoin, at 0% interest. While your collateral is safely stored, these vaults are used to optimize yield for you in different ways, maximizing your capital efficiency. A portion of Nebula Vault yields is also distributed to $vePREON holders.

Stability Pool & $oPREON Rewards

Deposit $STAR into Preon's Stability Pool to ensure the stablecoin's overcollateralization. In return, earn $oPREON emissions – option call tokens that unlock $PREON, $vePREON, and $STAR rewards.

Omnichain Opportunities

With Preon's integration with LayerZero, our tokens are omnichain-fungible (OFTs), enabling seamless cross-chain interoperability. Leverage this interoperability to access yield farming opportunities across multiple chains where Preon is deployed.

FAQs

What is Preon?

Preon is a revolutionary crypto lending platform that empowers users to utilize their digital assets as collateral and secure instant loans in stablecoin. By preserving the value of their crypto holdings and accessing immediate funds, users can seize new opportunities and explore various financial possibilities without the need to sell their assets.

What are the key benefits of Preon?

Liquidity without Selling: Users can access funds without selling their crypto assets, enabling them to maintain their long-term investment strategies and potential for future gains.

Flexible Loan Terms: Borrowers can customize loan terms, including duration, repayment options, and interest rates, to suit their individual financial needs.

Instant Loan Approval: Preon's automated process allows for quick and hassle-free loan approvals, providing immediate access to stablecoin loans.

Repeatable Borrowing: Users can repetitively leverage their crypto assets as collateral, accessing funds as many times as they wish to seize various opportunities and expand their financial horizons.

How long does it take to receive the loan once approved?

You'll receive your stablecoin loan instantly!

About Preon Finance

Preon Finance is a leading-edge CDP protocol built on the core ethos of optimizing users’ assets and creating an engaged community. Our mission is to push the DeFi space forward by providing innovative solutions that maximize capital efficiency, optimize yields, and enable true decentralized governance.With a strong focus on security, transparency, and community involvement, Preon is laying the groundwork for a new paradigm of borderless, trustless financial services accessible to all.

Join the Preon Community

Preon is much more than a protocol - we’re a vibrant, engaged community of DeFi enthusiasts shaping the future of the space together.Join our Discord server to connect with like-minded individuals and the Preon Team, stay updated on the latest developments, and participate in community events.

Security & Audits

Preon has implemented the latest security enhancements, including audits by frontrunners in blockchain security:Dedaub (Preon V1) →Nethermind (Preon V2) →Peckshield (Preon V2) →