Onchain Trade Protocol $OT

The Onchain Trade Protocol is a revolutionary crypto project that brings together an onchain money market and a DEX (Decentralized Exchange) offering up to 50x leverage. This system combines various key features that enhance its utility and potential for profit-making.

Single Token Liquidity Provision

The Onchain Trade (OT) protocol allows for single token liquidity provision. This feature simplifies the process of liquidity provision, eliminating the need for users to hold multiple tokens in their portfolio. It provides a simplified and efficient way of participating in DeFi yield farming activities.

Borrow and Spot Exchange

In addition to liquidity provision, the OT protocol also allows users to borrow as well as engage in spot exchange. This dual functionality makes it a versatile tool in the DeFi space, providing users with a multitude of ways to interact with the protocol and generate returns.

Introduction of OSD - One Stable Dollar

The OT protocol introduces its own native stable coin known as OSD (One Stable Dollar). Having its own stable coin provides stability and reduces volatility, which is essential for the smooth operation of any DeFi protocol.

No-Slip Onchain Perpetual Swap

The OT protocol introduces a unique feature of zero slip onchain perpetual swaps. This feature allows for seamless and frictionless trading, ensuring optimal trading conditions and maximizing the potential returns for traders.

Revenue Share for Token Holders

As a reward mechanism, the OT protocol shares its revenue with token holders. This provides an additional incentive for holding and transacting with the tokens, thereby promoting the overall liquidity and stability of the protocol.

Multifaceted Earnings for Liquidity Providers

Liquidity providers on the OT protocol have the potential to earn not only from swap fees but also from borrow fees and perps trading fees. This is a significant advantage over other mainstream DeFi protocols such as Uniswap, Curve, or AAVE, where liquidity providers only have one source of yield.