THELOGICALINDIAN - PRESS RELEASE BitMaxio BTMXcom an industryleading agenda asset trading belvedere congenital by Wall Street assistant trading veterans has appear the collective primary advertisement of the Oxygen badge OXY with bargain abetment for its belvedere users The bargain will activate on Bitmax on March 11 at 900 am EST and the advertisement will go alive on March 16 at 900 am EST
Oxygen Agreement is an on-chain, decentralized, non-custodial prime allowance congenital on the Serum DEX and ecosystem, active on fast Solana attainable blockchain, and seeded by the Maps.me 2.0’s massive userbase. Oxygen will alpha with a borrow-lending agreement afore affective to charm quasi-marketplace- business units that are about allotment of advance banks and authoritative them attainable to everyone.
Oxygen is congenital aloft a pools-based infrastructure, wherein users can actualize a basin by depositing their assets and appearance which ones to lend. The allowance amount for Oxygen’s borrow-lending is market-based through on-chain order-book analogous application Serum DEX, instead of a pre-set, manually adapted bazaar model. Users can accomplish crop on their portfolio while borrowing added assets at the aforementioned time (multiple use of aforementioned collateral), aerate account of their portfolio as accessory back borrowing, and collaborate with the Serum ecosystem and DEXes anon from their pools with automated in-pool trading.
Oxygen Protocol is order-book based, acceptance users to get a fair amount for borrowing/lending. Oxygen additionally enables assorted uses of the aforementioned accessory and the column of all your portfolio as accessory to borrow (meaning lower portfolio defalcation risk).
To drive the belvedere growth, Oxygen will be seeded with the 140M registered users from Maps.me’s userbase who will accomplish crop from their anchored wallets, jump-starting Oxygen as one of the better fintech applications.
Oxygen is additionally congenital on Solana blockchain, which can abutment over 50,000 TPS, with block times of 400ms and transaction costs of approx. $0.00001, advertence that Oxygen has scalability as a absolutely on-chain P2P borrow-lending and prime allowance protocol.
Oxygen Protocol will use 100% of net acquirement for the account of OXY badge holders. Badge holders can adjudge on how absolutely to absolute the net acquirement of Oxygen Protocol additional association armamentarium in agreement of whether to buy, burn, action staking crop or annihilation else.
About BitMax.io
Launched in August 2018, BitMax.io is a arch agenda asset trading belvedere with a ample ambit of banking articles and casework for both retail and institutional clients, with able-bodied and avant-garde architecture alignment from cash to margin trading, derivatives trading, staking products, and added advance solutions.
For added advice and updates, amuse visit:
Website: https://bitmax.io/
Twitter: https://twitter.com/BitMax_Official
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Medium: https://medium.com/bitmax-io
About Oxygen Protocol
Oxygen Protocol is an on-chain, decentralized, non-custodial prime allowance congenital on the Serum DEX and ecosystem, active on Solana, and seeded by the Maps.me 2.0’s massive userbase.
For added advice and updates, amuse visit:
Website: https://oxygen.trade/
Twitter: https://twitter.com/oxygen_protocol
Telegram: https://t.co/dOTnuwRzWA?amp=1
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