๐Overview
Last updated
Last updated
At Ordinfinity, we have an exciting and ambitious vision: to bring decentralized finance (DeFi) to Ordinals protocol and unleash their full potential. We believe that OrdiFi can be a game-changer, just like DeFi was in the past, igniting a new bull market and revolutionizing the crypto space.
With Ordinfinity, users can transfer Ordinals assets to major public chains for smart contracting, meaning we can use Ordinals assets to explore more DEFI protocols; we can also convert native assets on the chain to Bitcoin and native Ordinals/Brc20 assets for fast, seamless, low-fee cross-chain behavior, allowing Defi users to quickly and easily participate in the Ordinals ecosystem.
Ordinfinity swap will also integrate with the Uniswap V3 AMM model to enable a deeper on-chain marketplace where you can deposit your tokens into a liquidity pool to earn passive income, as well as deposit any asset or liquidity pool (LP) tokens to earn rewards from the protocol. At the same time, users can pledge native assets and lend Ordinals assets on mainstream chains, and conversely, users can pledge Brc20 to lend other mainstream tokens, thus realizing the multi-chaining of Ordinals assets.
Imagine a future where BRC20 tokens, often overlooked and undervalued, become the driving force behind a vibrant DeFi ecosystem. We see a world where OrdiFi opens doors to endless possibilities, creating new opportunities for token holders and bringing more people into the crypto space.
Ordinfinity has also introduced the Brc30 token standard, a protocol proposed by @OKX to provide long-term rewards for Brc20 holders. We use Brc30 to reward long term holders of $ONFI and to enable the utility of DAO governance tokens.