A decentralized easy to use peer2peer cryptocurrency insurance platform
Created by the founders of Changelly, Oxygen is the first CryptoRepo Platform as a decentralized peer-to-peer marketplace, based on an Ethereum smart contract.
It disintermediates layers of expensive market infrastructure such
as broker-dealers and banks, custodians and central clearing counterparties.
Oxygen will breathe new life into cryptocurrency portfolios. It will provide an opportunity
for a range of market participants to generate income or liquidity, hedge, and take
varied investment views. Individual token holders, intermediaries, and institutional
investors will all benefit. It retains best practices from tried and tested mainstream repo transactions such as the Global Master Repurchase Agreement (GMRA) protocol. Smart contracts reduce counterparty risk. They act both as a custodian and a clearing and settlement system. Instead of being enforceable by law, smart contracts enforce a contractual relationship by a uniquely determined algorithm. Oxygen will capture B2C and B2B liquidity and spark a liquidity network effect. Deep integration with Changelly, a leading instant crypto asset exchanger, will secure B2C market participation. Additional APIs and early partnerships with exchanges and wallets will help penetrate the B2B market.