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What is Obyte?

Obyte functions as a decentralized ledger built on a directed acyclic graph (DAG) framework, distinguishing itself from centralized ledgers and conventional blockchains by fostering a system that is open, fair, and free of intermediaries. This structure enables users to access the ledger without restrictions while promoting decentralization. Through its Bonded Stablecoins platform, individuals can issue stablecoins pegged to currencies like USD or BTC, as well as create new stablecoins linked to diverse assets or indices. Moreover, the Stable+ coins are designed for appreciation, with holders potentially earning interest rates of up to 16% annually in USD. The platform also offers governance tokens, which increase in value as more Stable+ coins are issued. To facilitate trading of tokens on the Obyte network, users can take advantage of the ODEX decentralized exchange or the Oswap automated market maker; ODEX utilizes off-chain order matching for fast transaction speeds akin to traditional exchanges, while Oswap allows users to earn fees by providing liquidity with each trade. A notable aspect of Obyte is its ability to facilitate conditional payments, enabling users to establish specific conditions that must be fulfilled before the recipient can access their funds, thereby enhancing the flexibility of financial transactions. This groundbreaking functionality not only redefines the utility of digital currencies but also opens the door to numerous innovative applications in the financial landscape. Furthermore, Obyte’s commitment to decentralization and user empowerment marks a significant shift in how digital assets can be managed and utilized.

What is MUX?

MUX Protocol operates as a decentralized trading platform for perpetual contracts, offering trades that have no price impact, leverage options up to 100x, and self-custody features, all designed to elevate the on-chain trading experience. It aggregates liquidity from multiple blockchains, including Arbitrum, BNB Chain, Avalanche, and Optimism, thereby boosting capital efficiency without the need to transfer pooled assets. Traders enjoy the freedom to open leveraged positions with a range of collateral choices and can leverage advanced features such as smart position routing, aggregated positions, leverage boosting, and strategies for optimal liquidation prices. A dark oracle is employed by the platform to gather price feeds from diverse sources, ensuring accurate and stable pricing while protecting against front-running risks. In addition, liquidity providers can deposit assets into the MUXLP pool, which comprises a variety of blue-chip assets and stablecoins, enabling them to earn both protocol income and rewards in MUX tokens. The protocol also includes a perpetual aggregator that partners with leading liquidity sources, further enhancing its trading capabilities for users. With its unique combination of innovative trading features and strong liquidity solutions, MUX Protocol distinguishes itself in the decentralized finance ecosystem, ultimately aiming to provide a seamless experience for all participants. This commitment to user experience and efficiency positions MUX Protocol as a notable player in the rapidly evolving world of decentralized finance.

Media

Media

Integrations Supported

CoinSpot
PancakeSwap
QuickSwap
Telegram
Uniswap

Integrations Supported

Arbitrum
Avalanche
BNB Smart Chain (BSC)
Camelot DEX
Celer Network
GMX
Optimism
Socket Protocol
Solv
Workers by Delos

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
Linux

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub

Company Facts

Organization Name

Obyte

Company Website

obyte.org

Company Facts

Organization Name

MUX

Company Website

mux.network/

Categories and Features

Blockchain

Not specified

Layer 1 Protocols

Not specified

Categories and Features

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