• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance
Breaking News: Breaking: Digital Currency Group (DCG) Pulls The Plug On TradeBlock: The End Of An Era?
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance
Bitcoinist.com
No Result
View All Result
Breaking News: Breaking: Digital Currency Group (DCG) Pulls The Plug On TradeBlock: The End Of An Era?
Oxygen Protocol to List OXY Tokens on BitMax
Advertisement

Oxygen Protocol to List OXY Tokens on BitMax

Bitcoinist by Bitcoinist
2 years ago
in Press releases
0
Advertisement
Advertisement

BitMax.io (BTMX.com), an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the joint primary listing of the Oxygen token (OXY) with auction facilitation for its platform users. The auction will begin on Bitmax on March 11 at 9:00 a.m. EST and the listing will go live on March 16 at 9:00 a.m. EST.


Oxygen Protocol is an on-chain, decentralized, non-custodial prime brokerage built on the Serum DEX and ecosystem, running on fast Solana public blockchain, and seeded by the Maps.me 2.0’s massive userbase. Oxygen will start with a borrow-lending protocol before moving to recreate quasi-marketplace- business units that are typically part of investment banks and making them accessible to everyone.

Claim the JACKPOT with 55 FREE SPINS. Signup today to redeem your bonus.

Oxygen is built upon a pool-based infrastructure, wherein users can create a pool by depositing their assets and marking which ones to lend. The clearing price for Oxygen’s borrow-lending is market-based through on-chain order-book matching using Serum DEX, instead of a pre-set, manually adjusted market model. Users can generate yield on their portfolio while borrowing other assets at the same time (multiple uses of same collateral), maximize the utility of their portfolio as collateral when borrowing, and interact with the Serum ecosystem and DEXes directly from their pools with streamlined in-pool trading.

Oxygen Protocol is order-book based, allowing users to get a fair price for borrowing/lending. Oxygen also enables multiple uses of the same collateral and the post of all your portfolio as collateral to borrow (meaning lower portfolio liquidation risk).

To drive the platform growth, Oxygen will be seeded with the 140M registered users from Maps.me’s userbase who will generate a yield from their embedded wallets, jump-starting Oxygen as one of the largest fintech applications.

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
570% up to 12 BTC + 300 Free Spins for new players & 1 BTC in bonuses every day, only at Wild.io. Play Now!

Oxygen is also built on the Solana blockchain, which can support over 50,000 TPS, with block times of 400ms and transaction costs of approx.  $0.00001, indicating that Oxygen has scalability as a completely on-chain P2P borrow-lending and prime brokerage protocol.

Oxygen Protocol will use 100% of net revenue for the benefit of OXY token holders. Token holders can decide on how exactly to direct the net revenue of Oxygen Protocol plus community fund in terms of whether to buy, burn, offer to stake yield, or anything else.

About BitMax.io

Launched in August 2018, BitMax.io is a leading digital asset trading platform with a broad range of financial products and services for both retail and institutional clients, with robust and innovative design ranging from cash to margin trading, derivatives trading, staking products, and other investment solutions.

For more information and updates, please visit:

Website: https://bitmax.io/

Twitter: https://twitter.com/BitMax_Official

Telegram: https://t.me/BitMaxioEnglishOfficial

Medium: https://medium.com/bitmax-io

About Oxygen Protocol

Oxygen Protocol is an on-chain, decentralized, non-custodial prime brokerage built on the Serum DEX and ecosystem, running on Solana, and seeded by the Maps.me 2.0’s massive userbase.

For more information and updates, please visit:

Website: https://oxygen.trade/

Twitter: https://twitter.com/Oxygen_protocol

Telegram: https://t.co/dOTnuwRzWA?amp=1

Disclaimer: The information presented here does not constitute investment advice or an offer to invest. The statements, views, and opinions expressed in this article are solely those of the author/company and do not represent those of Bitcoinist. We strongly advise our readers to DYOR before investing in any cryptocurrency, blockchain project, or ICO, particularly those that guarantee profits. Furthermore, Bitcoinist does not guarantee or imply that the cryptocurrencies or projects published are legal in any specific reader’s location. It is the reader’s responsibility to know the laws regarding cryptocurrencies and ICOs in his or her country.

 

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.

Bitcoinist

Bitcoinist

Bitcoinist is the ultimate news and review site for the crypto currency community!

Related Posts

Making Green or Being Ecofriendly: AltSignals Presale Wins Over Ecoterra Fans

Making Green or Being Ecofriendly: AltSignals Presale Wins Over Ecoterra Fans

1 hour ago
Bware Labs Launches $INFRA Token, making high API performance possible within a decentralized Web3 infrastructure

Bware Labs Launches $INFRA Token, making high API performance possible within a decentralized Web3 infrastructure

2 hours ago
This Polygon (MATIC) rival is predicted to reach a $1B Market Cap in 2023 itself, a great buy opportunity for long-term holders

This Polygon (MATIC) rival is predicted to reach a $1B Market Cap in 2023 itself, a great buy opportunity for long-term holders

3 hours ago
The Hype of the InQubeta (QUBE) Presale is so Impressive that Analysts See it As The Best Crypto 2023

The Hype of the InQubeta (QUBE) Presale is so Impressive that Analysts See it As The Best Crypto 2023

3 hours ago
Can Cardano Reach $1 In The Next 3 Months? Tradecurve Has It Sights Set On 3000% Growth

Can Cardano Reach $1 In The Next 3 Months? Tradecurve Has It Sights Set On 3000% Growth

5 hours ago
Shiba Inu (SHIB) and RenQ Finance (RENQ), are the only 2 cryptos to trend on Twitter this week

Shiba Inu (SHIB) and RenQ Finance (RENQ), are the only 2 cryptos to trend on Twitter this week

6 hours ago
Please login to join discussion

Premium Partners

Premium Casino Partners

Play Finance

Top Casinos

Trust Dice
Trust Dice
Punt Casino
Punt Casino
mBit
mBit
1xBit
1xBit
K8
K8

Press Releases

  • Making Green or Being Ecofriendly: AltSignals Presale Wins...

    1 hour ago
  • Bware Labs Launches $INFRA Token, making high API...

    2 hours ago
  • This Polygon (MATIC) rival is predicted to reach a $1B...

    3 hours ago
  • The Hype of the InQubeta (QUBE) Presale is so Impressive...

    3 hours ago
  • Can Cardano Reach $1 In The Next 3 Months? Tradecurve Has...

    5 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
© 2023 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance

© 2022 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.