Important notice All users are kindly asked to carefully read the following refund plan and check the refund amount corresponding to their affected address here. This document will be public for 7 days, from January 1, 2022, to January 7, 2022, for users to check the data ahead of the…

Dear Defrost community, Thank you very much for your trust and patience. As announced, all V1 hacked funds have been returned. The Defrost team will soon start the process of refunding these assets to the rightful owners prior to the attack. These are the several major steps expected in the…

They will soon be claimable by their owners. The Defrost Team is glad to announce that the hacker involved in the V1 hack has returned the funds. The funds and transactions can be monitored here: 0x5Ad30D7Ec1Ff9D95031E2b4ec2698Df29262867B (/https://etherscan.io/address/0x5Ad30D7Ec1Ff9D95031E2b4ec2698Df29262867B.) This address is controlled by Defrost and the assets are safe. We will soon start scanning the data on-chain to find out who owned what prior to the hack in order to return them to the rightful owners. As different users had variable proportions of assets and debt, this process might take a little. However, it will be concluded fairly swiftly.

A new tool to store your crypto brings Defrosters new choices The Defrost Team is excited to announce we have integrated Trust Wallet, one of the chief such platforms in the cryptosphere. Traders who use their services can now deposit on Defrost to gain access to market-beating yields or trade major cryptos on leverage. Or both. The process is absolutely simple: Go to https://www.defrost.finance/home

Defrosters can get insured. Against what? As our exciting partnership with Degis takes off, allowing users to deploy their MELT to purchase insurance against unexpected events, we would like to invite our community to dig a little deeper into this offer. All details below. Major Risk: Funds stored in liquidity pools were…

Better safe than sorry Dear community, Defrost Finance is proud to announce we are about to launch a partnership with Degis, the popular Avalanche-native insurance platform. Defrosters will soon be able to use their MELT — or acquire it directly on the open market — to get insurance against possible…

Leverage trading made easy The Defrost V2 is a new-generation decentralized leverage trading, allowing users to take on leveraged positions on mainstream cryptos. That is all fine. But how does it work exactly? In this article, we will cover the nitty-gritty details of trading with our new, ultra-decentralized protocol. Read…

Defrost Finance is changing skin. But not its goals: bringing cutting-edge innovation to the Avalanche ecosystem. Defrost Finance is excited to announce a complete overhaul of its platform, with a shift in focus from stablecoins to leveraged trading, bringing new technology to the Avalanche ecosystem. The V2 going live this…

As of now, with H2O minting halted and H2O liquidity pools shrinking, MELT emissions provide little value to the Defrost protocol while increasing sell pressure on the MELT token itself. This is hardly a “healthy” dynamic. Besides being detrimental to MELT holders, maintaining high emissions amounts to poor planning, since…