OnX.Finance — the first DeFi project for secured tokens. Place bets on matching assets and earn ONX. Choose from ONX / ETH SLP, aETH, ANKR, xSUSHI, BOND rates.
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Description of the OnX.Finance project
The OnX team believes that beyond the existing foundation, an important piece of the puzzle is missing: it is a DeFi hub, specifically for backed tokens.
OnX will be the first project to build a DeFi platform, specifically targeting secured tokens, including services such as AMM, lending, growing crops and insurance.
At the moment, the OnX platform allows users to:
| Firrstly | Stake ANKR, aETH, ETH / OnX LP and OnX tokens for reward. |
| Secondly | Borrow AETH and ETH with interest payments on OnX. |
| Thirdly | Leverage the first-ever backed token synthetic asset platform to help the DeFi ecosystem. |
To start you will need Metamask, Trustwallet or a similar compatible Ethereum wallet. ONX can be obtained by farming or bought from Uniswap, CoinOne, MXC and Gate.io. Once you have some OnX in your wallet, head over to app.onx.finance and check out the current betting options. To use ANKR, aETH or ETH / OnX LP, click “farm” at the top of the page. If you would like to place a bet on OnX, simply click the "place a bet" button at the top of the page.
If you are farming with ANKR, aETH or ETH / OnX LP, you will see the total number of bets you placed and the total number of rewards you have on OnX. By clicking on "harvest" or changing the size of the bet, you will receive rewards and put them in your wallet. If you bet your OnX, you will see your Staked OnX balance. This number will increase every 24 hours randomly.
Social media information
You can get acquainted with the project more closely by studying a separate document. WhitePaper and RoadMap are not available yet. The community actively maintains social networks: twitter и telegram channel. There are already over 2,500 subscribers. The smart contract has not been audited.