Crowdfunding & Lending
Oxygen is a blockchain-based decentralised marketplace for borrowing and lending crypto assets.
A repo is an agreement to sell assets and repurchase them on a specified future date ("maturity") at a pre-agreed price.
In a CryptoRepo transaction one party borrows digital tokens from another party and commits to return these assets with interest at a future date.
The Borrower provides crypto assets to the Lender as collateral, creating a secured digital transaction.
Collateral is custodied by a smart contract, that also acts as a clearing and settlement agent.
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