Oh Finance

So you have read that Oh Finance operates its strategies under underlying protocols, like Aave, Banker Joe, BenQi, Curve on Avalanche. But what are these exactly? They are all decentralized lending and borrowing platforms, some have become household names in the crypto space, such as Aave or Curve, and have contributed to the explosion of DeFi in 2020. Decentralized equals to no 3rd party holding your funds: You interact directly with the platforms, everything is managed automatically between your wallet and the systems. The funds are either locked in a smart contract or in your wallet, with nothing else that can prevent you immediately withdrawing your assets. Unless it’s built in the smart contract, like a bonding period for example. Then you have to wait until the end of the period or you are penalized if you withdraw too early. They also have one other common feature when borrowing: Contrary to the real world, you have to deposit collaterals in the form of a crypto asse...

There are several ways to grow your money in crypto without trading: You may have heard of yield farming, lending, liquidity mining, liquidity pools, staking, etc. And variants exist behind some of these concepts. If you are new to crypto, you may be unsure what this all means. Each of the possible formulas entail inherent risks, although when the markets are buoyant, or a token doing well, some of the strategies can generate higher profits than others. And conversely, a token losing value or the market turning sour after you entered, it can wipe you out or greatly diminish the total value of your assets you have committed. One form of yield farming is basically lending assets in return for incentives, aka rewards, aka yield. You are essentially acting like your own private bank: Lend by depositing on a platform in return for interest. What you get in return depends on the type of yield farming and what is emitted as rewards: It can be a project token (quite often a governance token ...

Our prior USDC.e yield sat around 8–9%. Today we’ve successfully replaced our existing native AAVE strategy with the much higher earning Curve strategy that still utilizes AAVE. Our goal is to safely provide high yield while limiting risk. As our ambition is to become THE Bank of DeFi, we have to make sure that we always thread on the safe side, with careful and well weighted decisions about our strategies. However, we are committed to staying agile enough to take advantage of any opportunities to improve the yield rate. We are now seeing and expect the yield rate to show 15%+ APY with this strategy change. We are always going to play it safe  — only applying our strategies on low risk underlying protocols , such as Curve , BenQi , Banker Joe , and Aave . You may find better yields on stables elsewhere, but often in liquidity pools with risks of leverage, impermanent loss, or total decrease in pool value because the paired token is going down in price. Some lending p...

Colony and OH! Share a common goal of bringing traditional finance models to DeFi. Both parties also share a mission to grow the Avalanche ecosystem. To begin this partnership, Colony has committed $500,000 to be used in the OH! Avalanche strategies pool where their capital will earn 10–30% APR as well as OH tokens. Colony is a community driven Avalanche ecosystem accelerator, powered by the CLY token. They will invest in promising early stage Avalanche projects and act as a community governed venture capital fund. They will also contribute to Avalanche protocols by providing capital to increase liquidity and secure networks by running nodes. Colony will maintain an index dedicated to projects built on Avalanche. Oh! Finance is an optimized yield-generation protocol, focused on reducing risk and increasing volume exposure. Users can earn industry-leading interest rates on stablecoins in just a few clicks. The protocol is now live on Avalanche and Ethereum. Users simply deposit U...