#OAX Coin (OAX) is a project that sets out with the idea that the decentralized financial sector and digital assets will become the foundations of mainstream finance and commerce in the future. Founded in 2017, the OAX Foundation thinks that the decentralized finance sector can replace even traditional finance in the coming years and has taken on the task of supporting important actors and projects in this sector. As the cryptocurrency and decentralized finance industry develops and changes, the number of people looking for solutions outside the traditional financial ecosystem is increasing, and the development of this technology is thus accelerating. Although the new industry initially had many constraints and shortcomings, it is now included in the DeFi world, especially in the traditional finance sector, such as lending, lending and so on.
The OAX team aims to make changes in some issues such as scalability, speed, collaboration and trust that restrict the decentralized financial world. Targeting everything that is at the foundations of the DeFi world, from centralized exchanges to decentralized exchanges, from ICOs to STOs and IEOs, the team wants to make the DeFi world even easier and works on this issue.
The fact that the OAX Coin project is aimed at the DeFi world, which has been booming especially recently, makes it think that it has a bright future.
▶️What is OAX (OAX)?
OAX Coin is the crypto currency used in this whole ecosystem and in the DeFi-focused project. OAX Coin has gained 2% in the last 24 hours and is being bought and sold at $ 0.3452. While the amount determined by the project as the total supply is 100 million, there are 75 million OAX Coins in circulation. OAX Coin, which has a total market value of $ 26 million, will have increased to $ 34 million when it reaches its entire supply at this price.
It seems that the project broke a record on January 10, 2018 and reached an all-time high. However, the project did not experience any serious price movements for almost 2 years.