Oxygen OXY Price 0.01301979

What is Oxygen Protocol?
Oxygen is powered by Serum's on-chain infrastructure and built on Solana. Oxygen is built around pools of assets.
The mainnet alpha was released in late 2020. The core team at Oxygen is made up of people who are passionate about building the financial infrastructure of the future.
Oxygen wants to transform our current model of finance into one that is more accessible, fair and powerful than ever before. The first phase of Oxygen is a borrow-lending. Developers will be able to create their own structured products if we create volatility trading agreements and structured product functions.

What do Oxygen Protocol offer?
The borrow-lending protocol will be the first phase of Oxygen.
Oxygen is built around a pools-based infrastructure where users can create a pool by depositing their assets and marking which ones to lend. Users set their lending parameters, including desired maturity and yield, whether as a market order or limit order. Oxygen will match borrowers and lenders with the Serum DEX on-chain order book, instead of through a pre-set, manually adjusted market model.
Multiple use of the same collateral allows for capital efficiency. Users can borrow other assets at the same time while generating yield on their portfolio. Users can use all of their portfolio as security when borrowing.

Oxygen uses a general on-chain risk management engine to evaluate each user's pool rather than a fixed borrow/lending model.
The 140M registered users from Maps.me will generate yield from their embedded wallet. Oxygen is one of the largest applications.


There is a platform and technology.
The Solana network is where the oxygen protocol is built.
Oxygen will feature a fully automated on-chain order book and 50K+ transactions per second at a cost of $0.01 / 100 per transaction.

The team is made up of backers and investors.
Alex Grebnev and Viktor Mangazeev co-founded Oxygen. Alex Grebnev has 16 years of investment banking experience. A number of large companies have employed Viktor as CIO.

The target market has a focus.
A number of segments are being targeted. The general DeFi market and users who are interested in order-book matched, fair borrowing and lending rates are our main segment.