Oxygen is a DeFi prime brokerage service built on Solana and powered by Serum's on-chain infrastructure. Oxygen is built around Pools, or baskets of assets that take collective actions. Starting with a borrow-lending facility, users will be able to earn yield and get leverage against their portfolios, setting the foundation for a vibrant and decentralized financial ecosystem.
It allows for a more efficient use of your assets in three key ways:
- Multiple use of the same collateral- Oxygen enables you to generate yield on your portfolio through lending out your assets
and borrowing other assets at the same time.
- Cross-collateralization - With Oxygen, you can utilize your portfolio as collateral, when you want to borrow other assets. This should mean lower margin call/liquidation risk for your portfolio.
- Market-based pricing - Oxygen protocol is order-book based, rather than following a pre-set market model that needs to be manually adjusted. This means you get the best/fair price for borrowing/lending every time.
DISCLAIMER: The information presented herein has been provided by third parties and is made available solely for general information purposes. The operator of Solana.com (“Solana.com”) does not warrant the accuracy, completeness or usefulness of this information. Any reliance you place on such information is strictly at your own risk. Solana.com disclaims all liability and responsibility arising from any reliance placed on this information by you or by anyone who may be informed of any of its contents. All statements and/or opinions expressed in these materials are solely the responsibility of the person or entity providing those materials and do not necessarily represent the opinion of Solana.com. The information should not be construed as professional or financial advice of any kind. Advice from a suitably qualified professional should always be sought in relation to any particular matter or circumstance.
The information herein may link to or integrate with other websites operated or content provided by third parties, and such other websites may link to this website. Solana.com has no control over any such other websites or their content and will have no liability arising out of or related to such websites or their content. The existence of any such link does not constitute an endorsement of such websites, the content of the websites, or the operators of the websites. These links are being provided to you only as a convenience and you release and hold Solana.com harmless from any and all liability arising from your use of this information or the information provided by any third-party website or service.