How does the $40 million Oxygen deal provide a one-stop solution for new Defi users?

Just as in the content industry -- from newspapers to radio to now video -- the biggest changes in any industry are ultimately the result of changes in technology. The same is true of the financial sector.

A hundred years ago, as a teenager, Mr. Livermore used to stand all day on the trading floor of the betting house, staring at price after price on a blackboard, crowding up on the counter to write down the amounts and quantities he bought.

No one's mind is immune to the limitations of current technology, and Livermore can accurately gauge market fluctuations, but he had no idea that a hundred years later, with the development of the Internet, the way investors engage in financial markets has radically changed.

Especially let the capital crazy in 2020, the secondary market has become a national topic. People participate in the fierce financial capital markets anytime and anywhere through the services provided by institutions. The explosion of traffic also makes financial enterprises become the most hot darling of capital. Internet brokerage Robinhood is the most obvious case. In the past six months, the news of Robinhood's financing continued to appear in the headlines of the technology media.

But it also highlighted the limits of centralised institutions, with Robinhood suspending trading in stocks in one direction as retail investors in the US balled up to fight short sellers. This not only caused a lot of criticism in the market, but also started the market to think, how can the centralized institutions be further iterated in the financial markets?

The answer is to give everyone the ability to participate actively in financial markets. The emerging Oxygen protocol in Defi, for example, delivers a service once available only to high net worth users at investment banks to all users in the market.

Oxygen is a platform for new users

Of course, DEFI has undergone a qualitative change since 2020, from $800 million of lockup at the beginning of 2020 to $54 billion of lockup now. Apart from the rise in the market value of cryptocurrencies, more and more investors recognize DEFI as the core logic.

These are not new concepts for investors immersed in the cryptocurrency industry, who know how to collateralize assets on MakerDao, how to collateralize lending assets on Aave, and how to trade assets on Uniswap. But this is still only a small number of users, the imagination of the financial market, the core is still wandering in the traditional industry of huge new users, so for these new users, how to introduce DEFI?

When faced with a brand new application, Internet Generation users want two things: convenience and simplicity. And Oxygen is perfect for Defi users, who will soon be streaming in from the Internet.

Oxygen protocol is built on the SERUM ecology of high-performance public chain Solana. Ethereum network is not the first choice of DEFI users for a long time. Due to community differences, network performance and the handling fee of tens or hundreds of dollars for a single transfer, users who are accustomed to the Internet cannot accept such product performance.

For the emerging public chain represented by Solana, the transaction volume of Solana can reach 50,000 transactions per second, and the handling fee is almost negligible. The total handling fee is US $10 per million transactions on average, which is equivalent to US $0.00001 per transaction on average. Compared to the Ethereum public chain, new users can be almost insensitive to fees, while performing as well as a centralized application.

The decentralised exchange SERUM, based on Solana, offers a richer financial ecosystem, including mainstream DEFI applications such as lending and trading, which is the best choice for new users without a foundation.

In the meantime, Oxygen will also integrate with Maps. Me, a mapping app that has just entered Solana's ecosystem. The Internet app, which has just completed a $50 million funding round, with 140 million registered users of its own, is waiting for the best Defi app for this new traffic.

Given that Oxygen has chosen the best solution for both platform performance and traffic, what does it ultimately offer users?

The function of Oxygen

In Oxygen, investors will have multiple scenarios:

First, the user can deposit the funds and get the deposit interest. At the same time, the user can lend the assets from the fund pool and pay the borrowing interest to the fund pool.

Compared to traditional finance, Oxygen is extremely efficient in terms of capital efficiency. Users can lend assets and borrow other assets at the same time. In addition to receiving income from the assets lent, Oxygen can also freely use the borrowed assets to increase income.  

When the user wants to borrow other assets, the total value of "all assets" in the account can be used as collateral, reducing the risk of liquidation or the possibility of margin call.   Like the margin portfolios that are common in secondary market trading, investors can use different asset classes to hedge their risk within the same account.

In simple terms, the user creates a pool of funds, puts assets into the pool, and marks the assets that can be lent out, along with the desired interest rate. Once a match is made and the borrower is willing to pay the required interest rate, the asset is lent out. At this time, the user who has lent to other people gets interest, which is passive income, and can use the assets in the pool as collateral to lend out other assets if they need to.  

In addition to borrowing, users can trade directly with a pool of funds, and the Oxygen agreement uses order book real-time quotes to get the best price for each transaction. The most popular AMM trading model in DEFI is not suitable for new users in traditional fields, but the order book is more suitable for users' habits.

Finally, users can use Oxygen protocol to compose assets, financial market is all-encompassing, cryptocurrency is just a trillion-dollar market, look at the world, the market hot spots change rapidly, the stock market new energy, medical sector, now precious metals market, are the global focus of the past and the present. These asset commodities can be synthesized by mortgaging the assets in the capital pool as margin, and then execute the trade.  

Oxygen is the use of general risk management in the chain of engine, to assess the pool of each user, rather than a fixed model of borrowing and lending, thus can support the creation of any product, package using a certificate, derivatives, nonlinear assets, and other products, and use the same account all warehouse margin mode, funds can be used cross, as the margin of the products.  

Oxygen token allocation

According to the official website, Oxygen token OXY total 10 billion, divided into 6 parts according to the proportion, of which the community fund 4.5 billion, accounting for 45% of the total amount, product and technology growth of 2.5 billion, accounting for 25% of the total amount, 10% team stay, 10% private, partners accounted for 8%, IE0 2%.

It's worth noting that 88% of the total OXY, which includes 10% of the private placement, will be locked up for six years, and only 250 million OXY will be in circulation in the first year, which means that the team, partners and investors are committed to developing the Oxygen ecosystem and are optimistic about its long-term growth. And 100% of the fees generated by this agreement will be used for the repurchase and destruction of OXY tokens.

And the value of a foxy support actually much more by the profits from time to time, you know, in the traditional financial field, set the two sides of supply and demand will charge the corresponding agency fees, such as in stock lending, hedge funds to pension funds borrowed shares is a pension fund to pay interest, the 80% of income is the main broker service.

In the Oxygen agreement, there are three pieces of ecological revenue, including a small portion of the revenue earned by the lender, transaction fees within the agreement based on transaction volume and asset management pools, and settlement fees. These fees will be managed by the community of Oxy token holders.

The logic of the Defi domain is no longer authenticated, and the growing ecology, user base, and lock-in volume all indicate that Defi is in the right direction. What's missing is user education, and the Oxygen deal actually fills that void.

The limited cost of learning for new users, and the ability to do all the gameplay of the new finance in the same application, is a core competency of Oxygen. They don't need to know about the well-known Defi applications, they just need to be able to address the requirements in the Oxygen protocol.

On February 24, Oxygen announced a $40 million funding round led by Alameda Research and supported by Multicoin Capital, Genesis Trading, CMS and others. The attention of these top organizations also confirms Oxygen's value in another way.

On the Solana network, which is almost indiscriminate from the Internet experience, combined with 140 million new users on Maps. Me, the one-stop Defi app Oxygen protocol could be a dark-horse in the Defi world.

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