Press release. BitMax.io The industry-leading digital asset trading platform (BTMX.com) created by Wall Street quantitative trading veterans announced the joint initial public offering of Oxygen tokens (OXY) and provides auction convenience for its platform users. The auction will start on Bitmax on March 11 at 9 a.m. EST, and the list will be live on March 16 at 9:00 a.m. EST.

Oxygen protocol It is built on the Serum DEX and ecosystem, a chain-based, decentralized, non-custodial main broker, running on the fast Solana public blockchain, and seeded by the huge user base of Maps.me 2.0. Oxygen will start with a loan agreement and then recreate the quasi-market business units that are usually part of investment banks and make them available to everyone.

Oxygen is built on a pool-based infrastructure, and users can create pools by storing their assets and marking the assets for loan. The clearing price of Oxygen loans is based on the market, through the use of Serum DEX for on-chain order matching, rather than a pre-set manually adjusted market model. Users can borrow other assets at the same time (using the same collateral multiple times) to generate the income of their investment portfolio, use their investment portfolio as collateral to the greatest extent when borrowing, and directly interact with the serum ecology through the simplified pool. The system and DEX trade interactively.

The oxygen protocol is based on an order book, allowing users to obtain reasonable borrowing/borrowing prices. Oxygen also allows the same collateral and positions in all your portfolios to be used as collateral multiple times (meaning lower portfolio liquidation risk).

In order to promote the development of the platform, Oxygen will obtain seeds of 140 million registered users from the Maps.me user base. These users will generate revenue from its embedded wallet, making Oxygen one of the largest financial technology applications.

Oxygen is also built on the Solana blockchain, which can support more than 50,000 TPS, the block time is 400 milliseconds, and the transaction cost is about $5,000. US$0.00001 means Oxygen is fully scalable and can be used as a P2P lending and prime brokerage agreement on a full chain.

The Oxygen Protocol uses 100% of the net income for the benefit of OXY token holders.Token The holder can decide how to accurately guide the “Oxygen Protocol” plus the net income of the community fund Whether it is buying, burning, providing mortgage income or other.

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About BitMax.io

Launched in August 2018, BitMax.io is a leading digital asset trading platform that provides a wide range of financial products and services for retail and institutional clients. Its robust and innovative design includes cash To Margin trading, Derivatives trading, Stake out products, And other investment solutions.

For more information and updates, please visit:

website: https://bitmax.io/

Twitter: https://twitter.com/BitMax_Official

telegraph: https://t.me/BitMaxioEnglishOfficial

Moderate: https://medium.com/bitmax-io

About the oxygen protocol

Oxygen Protocol is an on-chain, decentralized, non-custodial main broker built based on Serum DEX and ecosystem. It runs on Solana and is seeded by the huge user base of Maps.me 2.0.

For more information and updates, please visit:

website: https://oxygen.trade/

Twitter: https://twitter.com/oxygen_protocol

telegraph: https://t.co/dOTnuwRzWA?amp=1


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