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Organix

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The total fiat value of assets in a dapp's smart contracts
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News

Solayer Pay Launches Direct Stablecoin Deposits for Enhanced User Experience

Solayer Pay has launched a feature allowing direct stablecoin deposits from five major blockchain networks, simplifying the funding process for users.
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Ayman Ben Youssef

CMCC Global Introduces Tokenized Fund Strategies

CMCC Global is introducing two fund strategies as tokenized securities through Tether's Hadron infrastructure and Bitfinex Securities under El Salvador's regulations.
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Tando Nkube

Senator Blumenthal Investigates Tether's Payments to Consultancy

Senator Blumenthal investigates Tether's payments to consultancy Nxum over potential ethics concerns.
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Kofi Adjeman

What is Organix?

OGX is the basic token on Organix protocol, which can be used as collateral to mint

OUSD. OUSD is the stable coin in the whole system, the system always values 1 OUSD

at 1 USD backed by a 800% initial collateralisation ratio, to ensure the price of OUSD

can absorb large price shocks of OGX. Synths can be exchanged with OUSD on the

synthethic exchange of Organix system through prices supplied by oracles, included

but not limited to fiat currencies, commodities, cryptocurrencies and their inverse

assets.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.