Ontology to Partner up with 5 DeFi Service Providers in Finance and Wealth Management


    The Ontology Team

    Ontology has simply introduced its partnership with Babel Finance in finance and wealth administration primarily based on Ontology’s steady coin PAX and ONTO pockets.

    Babel Finance gives versatile merchandise for Ontology’s steady coin PAX, together with BABEL Present+ and Mounted+ merchandise.

    “BABEL Present+”: The BABEL Present+ sequence gives quick and versatile withdrawal providers. BabelBank is dedicated to attaining increased returns for customers primarily based on assembly security and liquidity necessities. At the moment, the BABEL Present+ merchandise for PAX in ONTO, Ontology’s one-stop shopper, provide an annualized rate of interest of 6%.

    “BABEL Mounted+”: By depositing within the “BABEL Mounted+” sequence, you may benefit from the service of fixed-term monetary administration of crypto belongings and return to your account mechanically after expiration. The PAX merchandise can provide an annualized rate of interest of as much as 12%. (Ontology customers should purchase the merchandise in ONTO or on Babel Finance’s web site.

    About Babel Finance

    BabelFinance is based in July 2018 by Moonalpha Monetary Companies Restricted, a registered firm in Hong Kong. Babel Finance gives crypto-backed loans, deposit providers, financing, margin buying and selling, and different derivatives providers.

    Babel Finance has grown into one of many largest business crypto banks in Asia. It completely works with the highest mining swimming pools in China and prides itself on being probably the most trusted and dependable crypto-finance establishments.

    Web site: https://babel.finance/

    Ontology additionally introduced its partnership with SALT Lending, a number one digital asset administration firm. The 2 sides will work collectively to supply high-quality, low-risk, and high-yield steady coin wealth administration merchandise for Ontology’s ecosystem initiatives. SALT Lending’s providers are already accessible to the enterprise companions within the Ontology ecosystem. Ontology customers will quickly be capable of stake their ONT on SALT Lending’s web site.

    SALT Lending is an business chief in cryptocurrency loans. The partnership will assist present safer PAX enterprise wealth administration, ONT enterprise mortgage, and ONT spinoff sale. SALT Lending will present handy and complete providers. Underneath strict threat management by SALT Lending, PAX enterprise wealth administration merchandise may have a yield of as much as 7%.

    About SALT Lending

    SALT Lending is a membership-based financing ecosystem. Those that personal blockchain belongings can take out a mortgage, of any measurement, with out promoting their collateral. Their Secured Automated Lending Expertise is a protocol and asset agnostic structure. You probably have collateral you want to retain, now you can borrow in an asset you favor to spend, no matter credit score historical past or geographic constraints. SALT Lending is automated, cost-effective, clear and cryptographically safe. This enables their members to plan tax occasions, and keep their lengthy place in a selected blockchain asset.

    SALT Lending’s globally accessible asset-backed financing resolution empowers liquidity suppliers to handle the chance of lending to a quickly increasing, underserved and instantly addressable borrower base.

    Web site: https://saltlending.com/

    Ontology additionally introduced its partnership with LendChain, a distributed digital asset monetary service platform. The 2 sides will work on decentralized finance to advertise the Ontology DeFi ecosystem.

    LendChain will record ONT and PAX and customers may have entry to collateral loans, wealth administration, and different providers. Ontology will present its blockchain know-how to assist LendChain in growing DeFi purposes.

    LendChain has appreciable expertise in collateral and credit score loans in digital belongings and wealth administration. Your complete lending course of is carried out by good contracts, which file every little thing on the blockchain, together with software, collateral, loans, funding, and compensation. All the knowledge is open and clear in order that traders’ pursuits are absolutely protected.

    About LendChain

    LendChain is a distributed cryptocurrency monetary providers platform, which gives financing, funding, insurance coverage, and different monetary providers for holders of cryptocurrencies. On the financing aspect, LendChain gives collateral and credit score financing providers, protecting BTC, ETH, EOS, GXS, QKC, and different mainstream cryptocurrencies. On the funding finish, LendChain has knowledgeable funding and analysis group to supply a wide range of funding merchandise, reminiscent of fixed-rate and floating revenue funding.

    Web site: https://www.lendchain.io/

    Ontology has introduced its partnership with Fountain Monetary, a Hong Kong-based monetary service supplier. Underneath the partnership, Ontology customers can use PAX, the Ontology steady coin, to buy funding merchandise globally, together with insurance coverage, funds, and shares.

    The partnership will assist construct a bridge for digital asset traders to put money into conventional monetary merchandise. The partnership will permit customers to hedge in opposition to the dangers of buying and selling digital belongings by investing in conventional merchandise. Ontology will work with Fountain Monetary to construct a decentralized funding platform the place there is no such thing as a middleman or fee, and the place high-net-worth purchasers should purchase funding merchandise globally. At the moment, there’s a low cost of as much as 10% on the premium for insurance coverage in Hong Kong.

    About Fountain Monetary

    Fountain Monetary is a complete monetary service supplier specializing in the worldwide funding market primarily based in Hong Kong. With its wealthy assets worldwide {and professional} group and providers, Fountain Monetary gives a wide range of monetary merchandise for monetary advisors and wealth administration corporations, reminiscent of non-public fairness, fixed-rate merchandise, and household belief. Based mostly on its one-stop resolution protecting each the sale finish and the asset finish, Fountain Monetary is ready to present higher asset allocation providers for purchasers.

    Web site: http://iyuanquan.com.cn/index.html

    Ontology has introduced its partnership with HOX, a number one Chinese language buying and selling platform the place customers should purchase shares with cryptos. The 2 sides will work collectively to supply Ontology customers with a quick and handy method to purchase shares.

    Customers can now use ONT to purchase US/HK shares and IPO subscriptions. HOX permits customers to purchase conventional funding merchandise with digital belongings in order that they’ll higher handle their portfolio. Underneath this partnership, customers can simply use ONT to purchase US/HK shares, reminiscent of these of Fb and Tesla. As well as, HOX additionally permits customers to purchase ETF and different merchandise.

    About HOX

    Based in 2018, HOX is a pioneer of token-to-stock buying and selling platforms and has been acknowledged as a safe and clear US/HK inventory buying and selling platform. The HOX group is made up of IT and monetary professionals from Web giants like Tencent and Alibaba.

    Web site: https://www.hox.com/

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