Changelly To Launch Oxygen: "The First Crypto Repo"

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·@dragosroua·
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Changelly To Launch Oxygen: "The First Crypto Repo"
If you're in the crypto world (and most of my followers are) then you heard about Changelly, a relatively popular exchange (operating even for STEEM under the @changelly username).

Well, the founders of Changelly (not yet clear if Changelly as a company will have a stake in this) decided to launch a crypto repo, called [Oxygen](https://oxygen.trade/). I'm not pretending that I know exactly how this works, but I _think_ it's a more complex lending platform. The one that you would use for hedging and stuff like that. The main goal of such a platform would be to assure liquidity (which is now provided mainly by centralized exchanges).

The platform aims to be regulated, both in Europe and US (in US they are applying to become an ATS - Alternative Trading System). Actual operations will be carried on the Ethereum blockchain (which means the initial tokens will be ETH and some ERC20 compliant tokens).

I'm not usually _that_ involved at the financial level, as I confess this is a bit over my head, but I thought to mention this because it's an important symptom about a much bigger trend: the "bankerization" of cryptos (I'm quite sure the term "bankerization" doesn't exist, but I'm also sure you understand what I mean). As cryptos are becoming more and more popular, tools and processes used mainly on Wall Street are entering this new liquidity pool. For instance, the recent Bitcoin price surge was attributed (apart from the potential war in Korea) to the imminent launch of Bitcoin futures by some prominent players, including [NASDAQ](https://steemit.com/bitcoin/@dragosroua/bitcoin-nasdaq-love).

If you're curious about Oxygen, you can also have a look at their [white paper](https://oxygen.trade/OXYGEN_Product%20Specification:December.pdf) (quite technical content, if you ask me).

One more thing: Oxygen will be initially available to Changelly customers, which are, according to the same site, more than 700,000 at the moment of writing.
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_If you're new to Steemit, you may find these articles relevant (that's also part of my witness activity to support new members of the platform)_:
* [Rewards: Were Does The Money Come From?](https://steemit.com/steemit/@dragosroua/steemit-newbie-faq-rewards-were-does-the-money-come-from)
* [Netiquette: How To Avoid Being A Steem Douche?](https://steemit.com/steem/@dragosroua/steemit-newbie-faq-netiquette-how-to-avoid-being-a-steem-douche)
* [Witnesses: What Are They And Why Should You Care?](https://steemit.com/steemit/@dragosroua/steemit-newbie-faq-witnesses-what-are-they-and-why-should-you-care)
* [How Can I Mine Steem And What CPU / GPU Power Do I Need For That?](https://steemit.com/steemit/@dragosroua/steemit-newbie-faq-how-can-i-mine-steem-and-what-cpu-gpu-power-do-i-need-for-that)
* [The Beginner Guide To Not Getting Hacked On Steemit](https://steemit.com/steemit/@dragosroua/the-beginner-guide-to-not-getting-hacked-on-steemit)
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