Introducing Oh! Finance

Oh! is the feeling when it just clicks, and you realize why DeFi is here to stay.

Loaning cash to earn interest is not a new strategy, however, we feel that the current options in the banking and crypto markets fall short. Big-name bank savings accounts have an average Annual Percentage Yield (APY) of about 0.01% — 0.50% per year. No place for your money as inflation runs rampant.

Our Strategy

Oh! Takes advantage of some of the largest, safest, most reputable DeFi lending platforms — such as AAVE, Cream, Curve, Compound, Uniswap and SushiSwap. When you lend your USDC assets with Oh!, we algorithmically and automatically find the highest possible APY-earning pool to deposit your assets. We intelligently balance across the underlying lending platforms to spread funds out for collateral risk management, while concentrating on pools with high yields. If the underlying rates change, we will re-balance the portfolio of funds automatically, ensuring that your crypto is always earning and not missing an opportunity for gain. Additionally, we automatically reinvest interest earned — a feature we call Oh! IAC (Intelligent Auto-Compounding).

Security

  1. No KYC — No sign-ups or account verifications are required to use Oh!. That means we have no plans to collect or store your PII, keeping your identity information safe from theft on the Oh! platform. No one wants another letter in the mail that your identity has been compromised.
  2. Secure Oracles — Oh! will leverage trusted decentralized oracles for price information, minimizing potential impact of internal risk.
  3. Open Source — Oh! will publish smart contract code that holds user funds and on reputable platforms such as Github and Etherscan. We encourage all users to do your own research to the best of your ability.
  4. Leverage Secure & Trusted Platforms — Oh!’s strategies will only rely on popular, tried & true, reputable underlying lending platforms such as AAVE, Compound, Curve, and Cream.
  5. Insurance Option for users — We are working with industry leading DeFi insurance solutions so that lenders can gain additional security on their deposits if they’d like to further mitigate risk, while still exceeding competitor APYs.

Keep It Simple, Stupid

For the average user, crypto and DeFi could benefit from more the common saying “KISS”, so we made simplicity our #1 design principle. The DeFi ecosystem is still relatively new, and generally still a very technically complex space. As a result, crypto projects often get bogged down with complexity, long and involved instructions, confusing decisions, and multiple transactions to cut into your gains. With Oh!, we make the process so easy that your “never-used-crypto-before” neighbor can start earning, while still providing under-the-hood complexity that attracts even the most seasoned DeFi veterans. Simple deposits, simple dashboards, and simple withdraws. Oh! keeps it simple.

About Oh! Finance

Oh! Finance has a simple goal: Do More with your DeFi Dollars. Oh! provides Industry-Leading APY interest rates on your stablecoins (like USDC), all on a simple, secure and easy-to-use DeFi platform.

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