Oxygen

From CryptoWiki

Basics

  • Based in: Oxygen.org AG is based in Switzerland
  • Started in / Announced on:
  • Mainnet release:
  • Aims to do for DeFi what Robinhood has done for stocks – only without the reliance on centralized legacy settlement systems.

History

Token

Launch

Token Allocation

Utility

Other Details

Stablecoin

Coin Distribution

Technology

  • Whitepaper can be found [insert here].
  • Code can be viewed [insert here].

Implementations

How it works

"Users custody their own keys to a Solana wallet, which is lending the assets on the Oxygen protocol. If they are starting out with dollars, a U.S. bank account can hook up via fintech facilitator Plaid. Thereafter a transfer to Circle’s Silvergate account will result in USDC stablecoins automatically being minted on the Solana blockchain."

Staking

Liquidity Mining

Scaling

Interoperability

Other Details

Compliance

"It works with a Big Four audit firm (name not disclosed) to keep an eye on how assets are handled and for general regulatory compliance. “The places where fiat comes in and out of the system are where KYC [know-your-customer] is happening,” said Bankman-Fried."

Oracle Method

Their Other Projects

Roadmap

  • Can be found [Insert link here].

Usage

Projects that use or built on it

Competition

Pros and Cons

Pros

Cons

Team, Funding, Partners

Team

  • Full team can be found [here].

Funding

Partners

  • Alameda said Oxygen will be integrated into Maps.me (24-2-2012) which got investment by the same Alameda clique.

(:

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