Oxygen OXY

1. Summary

Ranks

Liquidity

84

Developer

-

Social

72

Momentum (beta)

60

Stack Rank™

-

Price

$0.03 +0.5%

Market Cap

$6.41M (#1831)

Supply

202.36M / 10.00B

Tags

Solana Ecosystem Ethereum Ecosystem FTX Holdings Multicoin Capital Portfolio Alameda Research Portfolio

More Metrics

Price
52W High price	$0.08
52W High date	20th Jan 2025 (3 months ago)
All Time High (ATH) Date	16th Mar 2021 (4 years ago)
ATH Price	$4.16
% From ATH	-99.31%
All Time Low (ATL) Date	16th Feb 2025 (2 months ago)
ATL Price	$0.002252830000
% From ATL	1174.14%

Supply & Trading Volume
Trading Volume (24h)	$15,668.00
Total Supply	10.00B
Max Supply	10.00B
Circulating Supply	202.36M

Less Metrics

Description

Oxygen is the governance/utility token for Oxygen: the Prime Brokerage Protocol. The token, denoted by OXY, serves multiple purposes within the ecosystem. First, it is used for transaction fees and lending pool rewards. Additionally, it is employed in protocol governance, enabling token holders to participate in decisions regarding the protocol's o...

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Oxygen is the governance/utility token for Oxygen: the Prime Brokerage Protocol. The token, denoted by OXY, serves multiple purposes within the ecosystem. First, it is used for transaction fees and lending pool rewards. Additionally, it is employed in protocol governance, enabling token holders to participate in decisions regarding the protocol's operations and revenue distribution.

The Oxygen Protocol is designed as a decentralized financial infrastructure to democratize borrowing and lending. It aims to make these processes more efficient for all participants by providing users with tools to earn yield on lent funds, borrow assets from pools, trade directly from pools, and access more complex products leveraging pooled assets as collateral.

OXY token holders benefit from protocol usage fees and trading fees through a token buy and burn mechanism. They also have the opportunity to engage in governance decisions, reducing protocol usage fees for themselves and others. The token's utility and rewards include network fees, trading fees, and liquidation fees, all contributing to the Oxygen Protocol's operation and revenue generation.

The total supply of OXY tokens is set at 10 billion, which will decrease through the buy and burn process utilizing 100% of the protocol fees. The token distribution is divided among community funds, product and technology growth, the team, private sales, partners, and initial exchange offerings (IEO).

Protocol Details

• Benefits for Users:
  • Earn yield on lent funds
  • Borrow assets from pools
  • Trade directly from pools
  • Access complex products using pool assets as collateral
• OXY Token Utility:
  • Transaction fees
  • Lending pool rewards
  • Protocol governance by token holders
• Token Distribution:
  • Community Fund: 45%
  • Product and Technology Growth: 25%
  • Team: 10%
  • Private Sale: 10%
  • Partners: 8%
  • Initial Exchange Offering (IEO): 2%

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