GOGO protocol introduces OVIX, Polygon’s native money — market protocol.
OVIX is the first money-lending, dynamic interest and community-driven protocol that aims to generate a stable and sustainable yield on DEFI with smart tokenomics and frictionless UX. Ovix is built by the GOGO Protocol team, 35+ professionals, spread across 3 continents, with deep crypto/DeFi expertise and with roots in banking, finance, tech as well as more than 10 years of experience in building multi-billion dollar tech companies such as N26, Consensys, Binance, Deutsche Bank and Sovryn.
Its main focus involves providing stable and sustainable yields for Polygon users, through a native token called $VIX.
They have an amazing ambassadorial program for active community members
To bootstrap liquidity and accelerate the long-term growth of the protocol, liquidity mining incentives in 0VIX, rewards with veTokenomics will be launched.
VeTokenomics locks funds for long periods of time, giving investors more security and a vision for the project. VeTokenomics are perfect for high yield and long-term sustainability. Thanks to VeTokenomics, the 0VIX protocol can endure even the worst days in the crypto market.
WHAT IS POLYGON?
POLYGON offers developers easy access to all major scaling and infrastructure solutions: L2 solutions (ZK Rollups and Optimistic Rollups), sidechains, hybrid solutions, stand-alone and enterprise chains, data availability solutions, and more.
Solutions derived from Polygon’s scaling are being adopted. There are 19000+ dApps that are currently running on polygon.
0VIX is uniquely positioned to bring in institutional investment via Polygon Edge as Polygon’s core lending protocol.
The Polygon Edge SDK enables cross-chain functionalities and Blockchain-as-a-Service.
Ovix has received strong support from Polygon and core DeFi protocols such as QiDAO, Tesseract, Symphony Finance, Tetu, InsureAce, EPNS and GOGOcoin along with their extensive experience building multi-billion dollar Fintech companies, the Polygon team is perfectly placed to launch a secure, strategic and innovative solution.0VIX provides novel solutions to retaining liquidity, ensuring the health of the protocol and to foster the growth of the Polygon ecosystem.
In a nutshell, 0VIX is an open-source lending and borrowing protocol enhanced with veTokenomics.
Ovix protocol is the future of DeFi. This community driven project keeps increasing and expanding.
You can join the community too.
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