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OnX is a Decentralized Finance Hub that specializes in collateralized token products. Our focus is on building platforms and contracts that enable swapping, lending, borrowing, yield farming, and more with emerging collateralized tokens and assets.
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What is OnX Finance and how does it bring utility to Internet Bonds in DeFi?
OnX Finance is a yield aggregator hub focused on automating and simplifying available yield farming strategies using Internet Bonds and other yield-generating tokens. It offers three core products:
- OnX Lending: Collateralizing yield-generating tokens and borrowing non-yield-generating tokens (e.g. ETH)
- OnX Alpha vaults: Automated yield farming strategies
- onSynthetics: Composed of onEthereum (onE), an ETH stablecoin based on ETH2 bonds, onSynthetics token (onS), and the governance token of onSynthetics.
OnX Finance fills the gap in the existing DeFi ecosystem by targeting collateralized tokens, such as LP tokens (Uniswap, Sushiswap), yield-earning tokens (YFI), and emerging bond tokens like ankrETH and stETH. Its objective is to enable DeFi users to easily benefit from yield farming opportunities by combining collateralized tokens, Farming, Staking, Lending, Stablecoins, and Yield Aggregators/Vaults.
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- Can you tell me the current price of ONX? I'm interested in knowing the latest value of ONX cryptocurrency. Where can I find the most accurate and up-to-date ONX price?2021-12-01
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