Lending and Borrowing is now live on @onchaintrade 's beta
The first ever DeFi platform on #APTOS to offer yield from Trading and Lending + Borrowing to it's users :
(1/3) You can lend (Deposit) Or borrow assets by heading to beta.onchain.trade/pools/ and selecting the asset you wish to borrow
(2/3) After selecting your chosen asset you review various informations about it before lending or borrowing it such as the Utilization rate, borrow and lending APR, 24h history, rewards..etc
(3/3) You can then choose to lend "Deposit" by providing liquidity and earning yield or "Borrow" against it by selecting the asset you want to borrow and the collateral you wish to deposit to do so, you will also earn yield from this action
This release positions OT as the first ever DeFi Offering on APTOS to give users the ability to earn from Lending/Borrowing and Trading, don't forget to check it out @ beta.onchain.trade and give us your honest opinion about your experience testing it
Important announcement regarding our IFO(Initial fair offering):
we decided not to arrange sale on Camelot for following reasons:
1) We started talking with Camelot 2 months ago for a possible raise on their platform with 0 fee, later they told us there will be 2% fee, we agreed
2) We were talking with several other partners regarding the sale at almost same time, Camelot demanded that we exclusively sell on their platform, we terminated with all other partners and agree to an exclusive sale on Camelot