Oxygen is a DeFi prime brokerage service built on Solana and powered by Serum's on-chain infrastructure. Built to support 100s of millions of users, it serves as a permissionless, cheap, and scalable protocol that democratizes borrowing, lending, and trading with leverage and allows you to make the most of your capital.
The OXY token powers the Oxygen Protocol:
- 100% of net generated fees go to the OXY token ecosystem (buy and burns, yield, or otherwise)
- OXY is used for protocol governance
- OXY holders benefit from reduced fees