Decentralized Finance (DeFi) has rapidly emerged as a means to allow anyone global access to markets that would not be typically available in traditional finance systems. Built on immutable blockchain technology, DeFi has enabled a global audience to access a range of financial instruments including lending, borrowing, and decentralized trading that have previously been restricted by jurisdiction or locality. OMS seeks to add to the DeFi ecosystem by introducing an Ethereum based suite of products that allow for the virtualisation of real-world assets into crypto derivatives.
The first part of the OMS ecosystem — the fully audited elastic supply OMS token was released on 6th June and listed on the Uniswap exchange.
OMS has already reached several milestones, including a new staking program called the Cascade which has one of the highest yield returns in the DeFi ecosystem.
But there is so much more in progress in the coming months…
To learn more about Open Monetary System (OMS) and stay up to date with the project’s development, follow us on our official communication channels
Chainlink is the industry-standard oracle platform bringing the capital markets onchain and powering the majority of decentralized finance (DeFi). The Chainlink stack provides the essential data, interoperability, compiance, and pirvacy standards needed to power advanced blockchain use cases for institutional tokenized assets, lending, payments, stablecoins, and more. Since inventing decentralized oracle networks, Chainlink has enabled tens of trillions in transaction value and now secures the vast majority of DeFi.
Many of the world's largest financial services institutions have also adopted Chainlink's standards and infrastructure, including Swift, Euroclear, Mastercard, Fidelity International, UBS, ANZ, and top protocols such as Aave, GMX, Lido, and many others. Chainlink leverages a novel fee model where offchain and onchain revenue from enterprise adoption is converted to LINK tokens and stored in a strategic Chainlink Reserve.
Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link
The Chainlink Labs Channel Partner strategy is intended to outline a joint approach between Chainlink Labs and select accelerators, launchpads, incubators, devshops, and software tools to promote the user adoption and growth of the web3 ecosystem. Chainlink Labs and the channel partners will collaborate to accelerate and nurture the web3 ecosystem in key areas including gameFi, NFTs, developers, and startups.
Chainlink Labs is the leading provider of secure and reliable open-source blockchain oracle solutions, enhancing smart contracts by connecting them to a wide range of off-chain data sources and computations, such as asset prices, web APIs, IoT devices, payment systems, and more. We are dedicated to the development and integration of Chainlink as the standard decentralized oracle framework used by smart contracts across any blockchain.
