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2) I guess I should start by saying what it's not.

@Oxygen_protocol

isn't an attempt to make a simple, clean margin trading interface as soon as possible. (

@mangomarkets

sorta is!) Oxygen is going down a different route: what is the most powerful borrow/lending product?

3) And what do we have to do to get there? It's an approach that mirror's

@FTX_Official

's launch in some ways. And perhaps some parts of the design will seem familiar.

4) Oxygen is an on-chain prime brokerage protocol. In oxygen, you create a Pool, and deposit your collateral there.

5) You can trade directly from your pool's assets:

3:09 AM · Mar 16, 2021Twitter Web App

6) You can lend out your assets for yield, specifying a min rate to lend at, while simultaneously using them as collateral...

Replying to

7) ...and use that collateral to borrow assets

8) You can then use those borrowed assets to margin-trade on the Serum DEX; or just directly to withdraw from your Oxygen pool.

9) It's a general purpose risk management pool with borrow/lending and trading built in.

10) The UI is still under development; it works, but there are lots of things that could be smoothed out. There are also some nice features, though, like a transaction history with clear labeling: