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Showing posts from October, 2021

Post launch retrospective and what next?

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We made history! Oh! Finance made history on October 25th with Avalaunch: We are officially the IDO with one of the largest raise to date on the Avalanche ecosystem! To summarize: 10,524 registrations, and 9,974 actual participants $579,440 raised Following the incredible demand for the OH token, we worked together with the Avalaunch team for a community action! The OH! raise would not have been as successful as it was without the incredible Avalaunch community. Because of this wealth of support, the Avalaunch and OH teams saw an opportunity to give back. The Avalaunch team bought 1.25M OH tokens from the OH team as a gift to distribute to XAVA holders. This is our way of saying thank you! Some facts Did you notice that we are listed on Coingecko at https://www.coingecko.com/en/coins/oh-finance  ? Our Telegram community has more than tripled since a few weeks, we have spun off a Turkish OH community as well! You can grow your assets with the OH token by ...

Oh! Finance is LIVE!

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Please check yesterday’s article for the launch phases. So, what can you do today? Stake USDC You can stake USDC on the Ethereum network and start to earn yield: Deposit USDC in our vault at beta.oh.finance in 5 easy steps! Hit the “+” to open the Deposit modal 2. Enter a USDC balance that you wish to deposit into the OH Vault. Click “Deposit” 3. Confirm your deposit by clicking “Deposit” again. 4. Confirm the transaction in MetaMask. 5. Watch your USDC grow with OH! Trade the OH token OH token address on Avalanche: 0x937E077aBaEA52d3abf879c9b9d3f2eBd15BAA21 OH token address on Ethereum: 0x16ba8efe847ebdfef99d399902ec29397d403c30 Option 1: Buy the OH token on the Avalanche network on Trader Joe https://www.traderjoexyz.com/#/trade?inputCurrency=0xb31f66aa3c1e785363f0875a1b74e27b85fd66c7&outputCurrency=0x937E077aBaEA52d3abf879c9b9d3f2eBd15BAA21 Here is a tutorial to help you get AVAX on the Avalanche network in your MetaMa...

OH! Finance is Ready to Launch!

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The OH! Finance protocol will be going live on 10/26 at 06:00 PM UTC. We would like to inform our future investors on how to start using the OH! platform as we prepare for this exciting event! The launch will happen in quick succeeding phases, unlocking features and improvements as we go. The platform will first go live on the Ethereum network and launch shortly after on the Avalanche network. Users will immediately be able to deposit their USDC and begin earning USDC rewards on the Ethereum network, USDC.e deposits and USDC.e rewards will be activated later on the Avalanche network. We will keep you updated on the progress and inform you when the upgrades to the platform are implemented. Stay tuned by joining our community on Telegram and following our Twitter  account! Launch sequence Phase 1 (10/26 at 06:00 PM UTC): USDC vault deposits open on the Ethereum network, start to earn USDC Buy OH tokens on the Avalanche network on Trader Joe OH-AVAX liquidity p...

Contest: 2 x 500 USDC prize money for two lucky winners!

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Dear Community! We have been working tirelessly to get everything ready and we are very excited over the major events ahead of us: IDO on October 25th on Avalaunch (see announcement ) and our platform is planned to go live on October 26th. To celebrate, we are giving away another 2 x 500 USDC for two lucky winner ! The contest ends on October 29th at 18:00 UTC  . Be quick for a chance to win the prize! How to participate? Very simple: Please select “ENTER” below to enter the contest ============> ENTER <========== We thank everyone for your support and wish you success in this contest! About OH! Finance Oh! Finance is an optimized yield-generation protocol, focused on reducing risk and increasing volume exposure. Start earning industry-leading interest rates on stablecoins in just a few clicks: https://oh.finance Follow us on: | Oh! Finance | Oh Finance! documentation | | Twitter | Telegram community | Telegram announcement...

Contest: 1,000 USDC prize money for one lucky winner!

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Dear Community! We have been working tirelessly to get everything ready and we are very excited over the major events ahead of us: IDO on October 25th on Avalaunch (see announcement ) and our platform is planned to go live on October 26th. To celebrate, we are giving away 1,000 USDC to one lucky winner ! The contest ends on October 22nd at 18:00 UTC  . Be quick for a chance to win the prize! How to participate? Very simple: Please select “ENTER” below to enter the contest ============> ENTER <========== We thank everyone for your support and wish you success in this contest! About OH! Finance Oh! Finance is an optimized yield-generation protocol, focused on reducing risk and increasing volume exposure. Start earning industry-leading interest rates on stablecoins in just a few clicks: https://oh.finance Follow us on: | Oh! Finance | Oh Finance! documentation | | Twitter | Telegram community | Telegram announcement | Blogger...

Partners and advisors to Oh! Finance

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Oh! Finance would like to thank all of our partners and advisors for their trust, guidance and backing of the project. Their support and expertise has proven to be invaluable. Oh! Finance will launch on the Avalanche network. The IDO will be hosted by Avalaunch. Partners Altvest ( https://altvest.io/ ) Ava Labs ( https://www.avalabs.org/ ) Avalaunch ( https://avalaunch.app/ ) Avaxholics ( https://avaxholic.com/ ) Bridge Mutual ( https://www.bridgemutual.io/ ) Colony ( https://www.colonylab.io/ ) Cryptomeria ( https://cryptomeriacapital.com/ ) Darkpool Ventures ( https://twitter.com/darkpoolmm https://darkpool.ventures/ ) FMFW.io ( https://fmfw.io /) Halborn ( https://halborn.com/ ) Macrohive ( https://macrohive.com/ ) Muhhabit ( https://muhabbit.com/ ) Newave ( https://newave.fund/ ) Nodeseeds ( https://nodeseeds.com/ ) Quantstamp ( https://quantstamp.com/ ) Stacker Ventures ( https://stacker.vc/ ) Three M Capital ( https://www.threem.capital/ ) Tykhe Block Vent...

Do More with your DeFi Dollar

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Watch on YouTube here: Do More with your DeFi Dollar Originally published by Oh Finance

How does Oh! Finance work?

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How will Oh! Finance manage to offer 10 to 21% yield by single side staking USDC.e on its platform? For non-crypto users: “Single side staking USDC.e” is the equivalent of depositing USD on a bank account. You trust your money to the bank’s custody in exchange for a safe deposit and hope for some return beating the inflation rate. The bank uses your deposited money for investments, loans, etc to generate interest. In a very similar process, you will deposit your USDC.e on Oh! Finance (your funds are then in Oh! Finance custody) and Oh! Finance will invest it on safe crypto platforms to generate yield on your behalf. At any time, you will be able to withdraw a part or all of your funds (+ the earned interests). What will Oh! Finance do with the deposited funds? Oh Finance — a high frequency optimized yield hunter Oh! Finance is a high frequency optimized yield chaser: It will constantly hunt on some vetted platforms for the best yields offered by their financial products. O...

CEX/DEX/DeFi (part 3/3)

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In the 2nd article , we covered some technical aspects (gas token, transaction fee, smart contract, token address). In this one, we will address the key differences and similarities between a CEX, DEX and DeFi application. In crypto space, there are two competing environments for trading: Centralized Exchange (= “CEX”) platform: Is more related to a traditional institution, but which allows trading of crypto tokens Decentralized Exchange (= DEX) platform: Operates in the DeFi world, no central authority and trustless (no intervention of a trusted 3rd party). And there is a whole host of Decentralized Finance applications, like Oh! Finance, on the blockchains and specializing in different business domains (gaming, lending, NFT marketplace, etc). Centralized Exchange A CEX is managed by a company complying to legal rules: For the vast majority of them, you will need to pass a KYC procedure (= “Know your customer”) to be allowed to deposit (from a bank or fro...

What is USD Coin? Is USDC a safer stablecoin bet than Tether?

Crурtосurrеnсіеѕ such as Bitcoin and Ethereum are оftеn рrаіѕеd for their ability to transfer value асrоѕѕ іntеrnаtіоnаl borders. Even thоugh thеу’rе a decade old at this роіnt, аlmоѕt all digital аѕѕеtѕ ѕuffеr from heavy price fluсtuаtіоnѕ and volatility. Nееdlеѕѕ to ѕау, this has significantly hіndеrеd thеіr use, арреаl, and adoption. Nоw, ѕоmе cryptocurrencies are аіmіng to fіx that рrоblеm bу offering a digital token that is equivalent to the US dollar. USD Coin (USDC) ассоmрlіѕhеѕ еxасtlу thіѕ and is part of a grоwіng class оf сrурtосurrеnсіеѕ саllеd ѕtаblесоіnѕ. Whіlе ѕеvеrаl tоkеnѕ, іnсludіng the popular Tеthеr (USDT), are реggеd to the dollar, USD Coin has trіеd to роѕіtіоn іtѕеlf as a mоrе legitimate and truѕtwоrthу option. Let’s еxрlоrе how it mаnаgеѕ to асhіеvе thаt and whу it is rаріdlу gаіnіng market share. Whаt is USD Cоіn? Lаunсhеd in 2018, USD Coin is a rеlаtіvеlу new digital currency that has its value pegged to the US dоllаr. In саѕе you haven’t heard about stablecoin...