OPNX has launched its first Launchpad project called Raiser.
BlockBeats reported on June 25th that Open Exchange (OPNX), a crypto claims and trading platform founded by Zhu Su and others from Three Arrows Capital, has launched its first Launchpad project called Raiser. Raiser is an unlicensed credit issuance and secondary market liquidity platform. 10% of the native token RZR supply will be allocated to OX staking users.
On Raiser, lending is tokenized, creating a zero-interest bond market. Borrowers raise funds by issuing zero-interest bonds, lenders purchase these bonds to earn fixed income, and traders can trade these bonds on the secondary market. The Raiser ecosystem will be supported by the native token RZR, which will be used for transaction fees and governance.