HomiEx will list OXY/USDT at 15:00, 9 June 2021 (UTC+8).
OXY /USDT is an aggregated trading pair, the deposits & withdrawals will not be supported. Should there be further progress on supporting the OXY wallet, HomiEx will notify its community via an announcement.
Risk warning: OXY is a newly issued token. According to its token economic model, the price of OXY is likely to fluctuate dramatically after launch. Please carefully consider your investment objectives, level of experience, and risk appetite before trading.
About OXY (Oxygen Protocol)
Oxygen is a DeFi prime brokerage service built on Solana and powered by Serum's on-chain infrastructure. Oxygen is built around Pools—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 decentralised financial ecosystem.
The project launched in late 2020 with the release of its mainnet alpha. Oxygen is headquartered in Switzerland and the core team is made up of people who are passionate about building the financial infrastructure of the future. They collectively have decades of fintech experience, with 15 developers located around the world.
Oxygen’s ambition is to transform our current model of finance into one that is more accessible, fair and powerful than once imaginable. The first phase of Oxygen is a borrow-lending via a pools-based infrastructure. We next plan to create volatility trading agreements and structured product functions, so that developers can create their own structured products. Our ultimate vision is to recreate marketplace-esque business units which exist within investment banks and make them accessible to everyone.
What is Aggregate Trading Pair?
When a user buys and/or sells currencies on HomiEx, our Aggregate trading system will automatically place the same buy and/or sell order on other exchanges. Therefore, our user is assured that the assets purchased through this process are all real assets in full reserves. Aggregate trading is commonly used in the trading industry. The purpose of HomiEx aggregate trading is mainly to provide our users with access to new and popular assets. HomiEx aggregate trading system uses a local and an external order matching mechanism with transaction speed and user experience that are similar to that of placing an order on other trading pairs on HomiEx. HomiEx will evaluate the holding amount of these aggregate trading tokens later and consider docking with the project wallets for these projects with a large holding amount, to meet the deposit and withdrawal requirements of users.
Risk Warning: Investing in cryptocurrency is akin to be a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. HomiEx attempts to screen all tokens before they come to market, however, even with the best due diligence, there are still risks when investing. HomiEx is not liable for investment gains or losses.
8 June 2021