Oquity

Oquity is a decentralized borrowing protocol enabling interest-free loans against collateral in the form of ONUS.

📍

[Oquity @Oquity_]

🌟 The absence of ongoing interest rates means that borrowers on @Oquity_ are not subjected to periodic interest as in traditional systems.

😇 Instead, the borrowed oqUSD is repaid with a One-time Fee included. There are no additional interest charges during the loan's lifetime.

[Oquity @Oquity_]

4️⃣ You can only stake OQTY, not oqUSD. But you can put oqUSD in the Stability Pool for another purpose. 📍

🌐 More at https://t.co/ck0gYjXWCY

[Oquity @Oquity_]

Explore Oquity's innovative staking system for a chance to earn remarkable rewards and engage in an exciting venture. 🎢🚀

Thread below.

#Oquity #OQTY

[Oquity @Oquity_]

3️⃣ OQTY staking isn't for governance; it's about earning rewards for helping the protocol. Oquity doesn't do governance. 🤖

[Oquity @Oquity_]

✨Experience true peace of mind with @Oquity_, your fortress of financial security.

🚫 NO Admin Keys
🚫 NO Protocol Changes
– only unwavering trust!

🥇 Your assets. Our priority.

#Oquity #Defi

[Oquity @Oquity_]

Overall, Oquity simplifies borrowing by:

• Streamlining the process
• Reducing bureaucracy
• Offering transparency in fees

A truly accessible and user-friendly option for borrowers!

[Oquity @Oquity_]

🔎 Let's break down why taking a loan on Oquity is much easier than with Traditional Financial Institutions.

Check the thread below ↓

[Oquity @Oquity_]

6️⃣ Decentralization

Oquity operates on blockchain, reducing reliance on intermediaries.

Traditional finance often involves multiple intermediaries, leading to increased complexity and potential delays.

[Oquity @Oquity_]

Borrowing by digital asset has ever been easier with Oquity 💯

✨ Experience Interest-Free Loans
💎 Collateral assets include ETH and ONUS with significant price potential
📆 Enjoy the flexible repayment schedule

Discover Why Oquity Is Your Best Borrowing Option - Click Below👇

[Oquity @Oquity_]

How do providers benefit from the Stability Pool? 🤑

Collateral providers gain from liquidations with sold assets in exchange for their oqUSD. They can withdraw and sell these assets if they anticipate a USD value drop. They can also enjoy early adopter rewards in OQTY tokens.

[Oquity @Oquity_]

🔐 Securing Oquity Loans: The Stability Pool ⚙️

In the chaotic world of finance, it is a top-notch priority to remain the balance for the currency in circulation 💸

@Oquity_ is no different! 👏

Let's broaden the horizons by taking a look this thread 👇

[Oquity @Oquity_]

How does the The Stability Pool maintain the system's stability? 🧑‍🔧

Its mechanism balances oqUSD and collateral (ETH or ONUS). If a borrower's collateral drops below the set threshold, their assets are sold to ensure ample coverage for circulating oqUSD, preserving stability

[Oquity @Oquity_]

4️⃣.2️⃣ Alternatively, borrowers should strategically choose a 'dip' time to create the trove of the collateral, thereby preserving a healthy collateral ratio.

[Oquity @Oquity_]

1️⃣ Collateral is crucial in the Oquity protocol, serving as security for loans, with Ether and ONUS being the only accepted assets.

✨ But with it, comes an even more important aspect - Collateral Ratio.

Check formula in image, and learn more in thread below 👇 #Arbitrum

[Oquity @Oquity_]

4️⃣.1️⃣ In case the loan is at risk of liquidation, borrowers have the option to deposit collateral to increase the collateral ratio and restore it to a safe level. ✅