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Introduction

Optim Finance is a DeFi protocol on the Cardano blockchain. We offer a decentralized suite of products, via on-chain smart contracts, that simplify and facilitate yield generation on digital assets. Leveraging the composability of DeFi protocols as well as the unique architecture of the Cardano blockchain, Optim Finance creates and enables broad access to yield products such as OADA and Liquidity Bonds. We are also working on an 'L2' solution for Cardano to enable more advanced, faster, and user-friendly applications on Cardano that wouldn't be able to run directly on the L1. This critical infrastructure is being built first to enable new Optim protocols, but will later be extended for other builders to leverage.

Products

Optim's first product, Liquidity Bonds, is a simple primitive unique to Cardano DeFi that leverages Cardano’s well-evolved and distinctive staking system. Liquidity Bonds allow anyone to borrow or ‘rent’ ADA staking rights and associated staking rewards for a fixed period of time. They can be leveraged for novel use cases and broken down as such: SPO Bonds and ISO Bonds.

Optim's second and core product, OADA , is an advanced ADA derivative system consisting of two tokens - OADA & sOADA. sOADA is a passive ADA yield product that allows users to mint and stake OADA with ADA and have on-chain yield aggregation via smart contracts earn ADA yield. OADA is the yield stripped version of the token that enables more efficient trading, enhanced governance, and other yield opportunities outside of Optim's staking system.

Social Media Channels

Discord: https://discord.gg/YjzZX2wgUT

Twitter: https://twitter.com/OptimFi

Medium: https://optim-labs.medium.com/

GitHub: https://github.com/OptimFinance

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