Oxygen is a decentralized finance (DeFi) service that operates on the Solana blockchain and utilizes Serum's on-chain technology. It is designed around the concept of Pools, which are collections of assets that work together to achieve common objectives. Its initial offering is a borrowing and lending service that allows users to generate returns and obtain leverage for their portfolios, laying the groundwork for a decentralized financial ecosystem. Founded in Switzerland in late 2020, Oxygen is led by a team of experienced individuals with a shared passion for creating the financial infrastructure of the future. With the participation of 15 developers worldwide, Oxygen aims to revolutionize the current financial system by making it more inclusive, equitable, and powerful. In addition to the borrow-lending service, Oxygen plans to introduce volatility trading agreements and structured product functionalities, enabling developers to create their own specialized financial products. Ultimately, Oxygen aspires to democratize the marketplace-like divisions found in investment banks, making them accessible to everyone.
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