|All Time High:|
|Market Cap: |
|The price of #ONX today is $0.07 USD.|
The lowest ONX price for this period was $0, the highest was $0.072, and the current live price for one ONX coin is $0.07234.
The all-time high ONX coin price was $7.41.
Use our custom price calculator to see the hypothetical price of ONX with market cap of BTC or other crypto coins.
|The code for OnX Finance crypto currency is #ONX. |
OnX Finance is 2.1 years old.
|The current market capitalization for OnX Finance is $714,928.|
OnX Finance is ranked #877 out of all coins, by market cap (and other factors).
|There is a modest daily trading volume on #ONX.|
Today's 24-hour trading volume across all exchanges for OnX Finance is $84,964.
|The circulating supply of ONX is 9,883,243 coins, which is 100% of the total coin supply.|
Note the limited supply of OnX Finance coins which adds to rarity of this cryptocurrency and increases perceived market value.
|ONX has limited pairings with other cryptocurrencies, but has at least 2 pairings and is listed on at least 4 crypto exchanges.|
View #ONX trading pairs and crypto exchanges that currently support #ONX purchase.
|Note that there are multiple coins that share the code #ONX, and you can view them on our ONX disambiguation page.|
OnX Alpha Vaults
OnX alpha vaults is the third and final core pillar of the OnX Finance product offering complementing OnX Lending and onSynthetics. As OnX Finance’s objective is to become a platform agnostic hub for Internet bonds and interest earning tokens, OnX alpha vaults are an essential piece to enable users to unlock the potential of composability of passive income in DeFi. What are Internet Bonds? A Bankless article from November 5th 2020 defines Internet Bonds as digital work agreements involving: 1) lending capital for the right to provide work and earn rewards (perpetual bond characteristic) 2) co-owning the Proof-of-Stake protocol (equity characteristic) 3) providing public infrastructure (node validators) by consenting to a set of rules in exchange of payment of rewards. The Internet Bond market potential The Proof-of-Stake staked value market accessible to Ankr was approximately $102bn mid-March, which was at the time 4 times larger that the Total Value Locked (TVL) in Decentralized Exchanges and almost 8 times larger than the TVL on lending platforms. OnX Finance started onboarding ETH2 bonds from Ankr (aETH) and will onboard additional ETH2 bonds from other platforms as an agnostic platform, but the current market size of ETH2 bond is still at the moment limited when compared to other proof-of-stake platform where most of the value is staked and not interoperable with DeFi without Internet Bonds. How to unlock the full v...
️Introducing the OnX Synthetic Assets Platform (onSynthetics)
With the recent emergence of the algorithmic stable coin space, the OnX platform is introducing the first ever synthetic assets platform for collateralized tokens to help the DeFi ecosystem. Starting with aETH (ankrETH) as the fractional reserve for the algorithmic Ethereum, this new synthetic assets platform will help unleash more potential in DeFi while creating new ways to manage wealth and even help enable future cross chain and layer-two solutions. By providing an asset stabilized to the value of Ethereum, DeFi users can safely allocate funds that will always match the ever rising value of Eth. There will also be a growing ecosystem that encourages users to participate in the health, equilibrium, and collateralization of the asset through a unique and innovative multi-token synthetics arbitrage hub. The platform will have 3 tokens: onE — onEthereum. The onE will constantly be pegged to 1 ETH, representing synthetic Ethereum. onE will be the first and only synthetic Ethereum asset partially backed by aETH (staked Ethereum certificate), and partially backed algorithmically. onS — onShares. The governance certificate on the OnX synthetic assets platform. onS holders will also receive benefits from the system in the form of seigniorage, and interest from aETH. onB — onBonds. The bond certificate of the OnX synthetic assets platform. More information on this below.💵 Presale onS + Minting onE To provide...
ONX Staking — Privilege Pool
ONX Staking — Privilege Pool The ONX Privilege Pool, located at OnX.Finance, allows you to stake your ONX and receive a share of platform fees. When fees are taken from products on the OnX.Finance platform, a portion of these fees are used to market buy ONX and distribute it to the Privilege Pool. For instance, with lending, a portion of the interest collected will be set aside to market buy ONX which will then be distributed to the Privilege Pool. To start the staking rewards, a 1X farming pool is going to be sending ONX to the staking contract every 12 hours.The user will be able to see their rewards increase in real time on the UI, and can withdraw it at any time with no fee’s. What is next? ONX Lending contract has been completed, and is currently undergoing testing. A community update will come by the end of the week with a tutorial and further detailed explanation of aETH lending. The official release will be after the contract has been audited. The development team is also currently working on the ONX collateral token swap, including LP tokens, yearn tokens, and ETH 2.0 staked tokens. A portion of all fee’s from the exchange will be paid out to ONX LP providers. More details to come.📱 Social Media Website: https://onx.finance/ Telegram: https://t.me/OnXFi Twitter: https://twitter.com/onxfinance Medium: https://onxfinance.medium.com Github: https://github.com/OnXFinance
OnX Lending Platform Update
Overview As the first product on OnX.Finance, our lending platform is set to empower the use of collateralized tokens in new ways, starting with aETH and ETH. By using aETH as collateral to borrow ETH, users of the lending platform can earn interest and ONX rewards for both providing ETH to lend as well as collateralizing their aETH. Among the immediate benefits of this process is the opportunity for aETH stakers to take advantage of an increased position through a relatively safe process with low chance of liquidation due to the intertwined nature of aETH and ETH. In addition, ETH holders will be able to earn a competitive apy on their assets. How it worksBorrowing Ethereum using aETH as collateral Borrowers can lock aETH as collateral on the platform and earn ONX rewards while also borrowing Ethereum. Up to 75% of the value of the aETH can be borrowed in ETH which can then be used to secure more aETH (or utilized in other ways). The borrower maintains the accrued interest and keeps the lending ratio below 90% to help avoid liquidation.Lending Ethereum for interest Lenders can add their ETH to the platform and earn ONX rewards as well as interest on their lent ETH. The loans will be collateralized with aETH as security against any possible liquidations. The earned APY from lending will be variable with demand to ensure competitive rates.Interest, Rewards, and platform fees 2/3rds of the interest generated will be paid to ET...
OnX.Finance Farming PageFarming Tutorial: Please follow the tutorial to learn how to get started with Farming for ONX: https://onxfinance.medium.com/staking-tutorial-for-onx-finance-baee518c7591How to get aETH Tutorial: Follow this guide to get aETH: https://onxfinance.medium.com/how-to-get-aeth-e5928ddb86bcNew Pool The team is adding a 5th pool with a 7X multiplier → aETH/USDC LP. This is to incentivize further liquidity for the aETH pairs. aETH is set to be one of the first integral collateralized assets OnX.finance will focus on, with aETH lending as one of the first products to launch on the platform.Multipliers The pool multipliers are as follows:ANKR → 1XankrETH → 2XankrETH/ETH LP on Uniswap → 7XankrETH/USDC LP on Uniswap → 7XONX/ETH LP on Uniswap → 10X The ANKR farming pool will open after the last exchange opens withdrawals following the snapshot. Happy Staking! 📱Social Links: Website: https://onx.finance/ Telegram: https://t.me/OnXFi Telegram Announcement: https://t.me/OnXFiNews Twitter: https://twitter.com/onxfinance Medium: https://onxfinance.medium.com Github: https://github.com/OnXFinance
How to get aETH
The team has noticed a lot of inquiries about the bond token of choice the OnX platform is using. Here is a small tutorial on using the stkr.io platform to stake your ETH: https://medium.com/media/8ea3379842c1b3b75470ebd61a7cd6a2/href Alternatively, aETH can also be swapped on uniswap using the aETH/ETH and aETH/USDC pairs. After receiving aETH, it can be staked directly to receive ONX in the 2X pool, or contribute towards liquidity on the aETH/USDC LP or aETH/ETH LP pairs — to be staked in the 7X pools. 📱Social Links: Website: https://onx.finance/ Telegram: https://t.me/OnXFi Telegram Announcement: https://t.me/OnXFiNews Twitter: https://twitter.com/onxfinance Medium: https://onxfinance.medium.com Github: https://github.com/OnXFinance
Staking tutorial for OnX.finance
Steps to stake on the ONX platform.“Launch App” from the main ONX.finance website or visit https://app.onx.finance 2. Connect Wallet and Select wallet provider 3. Click on Start Farming to find the pools and Enter the pool of choiceFor the tutorial we will use ANKR as an example 4. Approve the token 5. Enter amount of token to stake and click “Stake”. Then approve the action on metamask or trust wallet. 6. After entering any of the farming pools, all active pools will be displayed on the Dashboard:The staked ANKR is displayed here. And the Pending ONX which can be redeemed at any point. 7. To stake more ANKR, click the “+” in the dashboard. 8. To unstake ANKR, click the “ - “ in the dashboard. Enter the amount to withdraw and click the “Unstake” button. Then confirm. 9. To harvest ONX earned so far, click the down arrow key on the right side of the card, which will display “Harvest” on scroll.Confirm on metamask or trust wallet after clicking Harvest 📱Social Links: Website: https://onx.finance/ Telegram: https://t.me/OnXFi Telegram Announcement: https://t.me/OnXFiNews Twitter: https://twitter.com/onxfinance Medium: https://onxfinance.medium.com Github: https://github.com/OnXFinance
OnX.Finance: Announcing the first ONX Airdrop for ANKR Holders
🕳️OnX finance is pleased to announce the (ONX) token airdrop for ANKR holders with many of the major exchanges. All of the participating exchanges will be making their own official announcements on their channels. The list of participating exchanges will be updated here as they announce:UpbitCoinoneBithumbBinanceHuobiGate_io As the community support for Ankr’s Stkr Project, and the newly emerging Bond token market as a whole with aETH being at the forefront, we are incentivizing all ANKR holders with a complimentary ONX token airdrop to celebrate the launch of the OnX Decentralized Platform. The ONX token will play an integral part of the OnX finance protocol, with its use cases ranging from paying interest on OnX loans to earning a portion of trading fee’s on the platform, and governance. 📸 The Snapshot All exchange users will need to have their ANKR deposited to their desired participating exchange by December 23rd, 2020. The snapshot will take place on Ethereum block#: 11,513,500 https://etherscan.io/block/countdown/11513500 All users must hold at least 100 ANKR on most of the participating exchanges to be eligible to receive ONX. Users will receive 1 ONX for every 10,000 ANKR held. Some exchanges will have their own guidelines. Upbit will allow users to receive ONX for any amount of ANKR held in their wallets. Please stay tuned for specific announcements here. ⚓ANKR Withdrawal & Staking The staking poo...
️OnX Finance: the first DeFi platform for collateralized tokens
✍ Motivation Over the last year we have seen tremendous growth on Ethereum for projects within the decentralized finance ecosystem, including Uniswap, Sushiswap, Aave, Curve, Compound, Yearn, and many others. The OnX team believes there is an important piece of the puzzle missing on top of the existing foundation: which is a DeFi hub specifically for collateralized tokens. These can be LP tokens, yield-earning tokens on projects like yearn, and even the newly-emerged Bond tokens. OnX will be the first project to build a DeFi platform specifically targeting collateralized tokens — including services such as an AMM, Lending, Yield Farming, and Insurance.💱Bond Tokens & ankrETH With the launch of ETH 2.0 around the corner, we have come across an evolutionary step in the direction towards Bond assets — Stkr (stkr.io). Created by the Ankr team, Stkr is a project which allows Ethereum stakers to participate in the beacon chain with as little as 0.5 ETH, and up to an unlimited amount of ETH with a single transaction. This allows users the opportunity to participate in ETH 2.0 staking without having to stake exactly 32 ETH and without having to manage node servers 24/7. More importantly, users receive an equivalent amount of the synthetic token ankrETH (aETH) in return for their Ethereum staked on the beacon chain until it is redeemable for the rewards, which can be at least 1 year with current estimations. This m...