Organix Help (English)
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  1. Loan

Loan Introduction

Compared with other large cap assets, ogx has relatively greater volatility, so it needs to be significantly over-collateralized when minting synthetic assets. In order to reduce the friction cost of user interaction with Organix, Organix opens the lending function of synthetic assets. By collateralizing the less volatile collateral such as BTC, ETH and BNB in the Organix system, users can lend synthetic assets according to the value of the collateral. The borrower does not join the dynamic debt pool of the Organix system, and cannot obtain the system fee rewards. On the contrary, the borrower needs to pay an amount of interest according to the scale of system risk introduced by the loan.

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Last updated 3 years ago