Why Oxy-Fi is the smart and sustainable DeFi choice
There are countless DeFi options available for investors. The key barrier which prevents people from taking advantage of DeFi is the perception that high yields are unsustainable - and for other protocols, they are right.
Oxy-Fi is rethinking the principles of DeFi, and driving innovation to create an ecosystem designed for long-term sustainability.
How will Oxy-Fi provide high yields, sustainable in the long-term?
Deflationary Model:
Each exchange on the three blockchains (ETH, FTM and AVAX) has a maximum supply of 100,000 $OXY. There will be no minting of new coins, and the supply will never increase. That means the value of $OXY is protected from inflation caused by the minting of new $OXY coins.
Large Rewards Pool:
57.5% of the maximum $OXY supply will be allocated to the rewards pool on launch - guaranteeing the availability of rewards for the long-term.
Node Creation Distribution:
80% of the tokens used to create an Oxy Node will be allocated to the rewards pool (e.g. if a node costs 100 $OXY to create, then 80 $OXY will go into the rewards pool and treasury).
Paper-Hands Tax:
Oxy-Fi is the first DeFi protocol to implement a paper-hands tax. This tax discourages paper-hands (early reward claiming) while supplementing the reward pool.
Claim Tax:
Claim Tax will be imposed on the rewards to maintain the sustainability of the protocol.
Multiple Sources of Consistent Revenue:
Oxy-Fi’s ecosystem is built to generate consistent revenues from multiple sources. Revenues generated from the following ventures will be reinvested into the ecosystem by returning to the treasury and rewards pool:
Oxy-Fi Launchpad: Profits made from the investments in promising upcoming DeFi protocols through the Oxy-Fi Launchpad.
Oxy-Fi NFTs: The revenues from NFT sales, and the subsequent royalties from NFT sales on the secondary market.
NFT Marketplace: Revenues from the Oxy-Fi NFT Marketplace, where holders can purchase and sell NFTs from multiple chains.
Node Upgrades: $OXY holders can use their $OXY to increase their APR by leveling up their nodes. Revenues from these upgrades will also supplement the rewards pool.
~Please visit https://oxyfi.io/tokenomics for complete details.
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