The first DeFi hub for collateralized tokens
OnX.Finance now has loading of total assets locked in the protocol
OnX Finance adds the missing link on top of the existing DeFi foundation: a platform specifically targeting collateralized tokens, such as LP tokens (Uniswap, Sushiswap), yield earning tokens (YFI) and the emerging bond tokens asset class (Liquid staking tokens like ankrETH and stETH)
OnX will be the first project to build a DeFi platform specifically targeting collateralized tokens — including services such as:
Collateralized Token Vaults
Automated Asset Manager
Yield Farming as Token Distribution
Majority (93%) of the token supply will be distributed over the year through yield farming pools.
The release schedule will be based on the number of OnX per block until the maximum supply of 10,000,000 OnX is reached. The following pools are initially planned for distribution:
OnX Token Utility
The OnX token forms an integral part of the OnX Finance protocol. The OnX token will be used for:
Earn portion of Platform Fees
Receive discounts on Platform Fees
Earning portion of Trading fees
There will be more future use cases as new services and products are added to the platform.
OnX token metrics
The OnX token release schedule is based on the number of OnX mined per block until the maximum supply of 10,000,000 OnX is released.
of every harvest for insurance fund
of every harvest for treasury
reserved distribution by yield farming