/biz/ - Business & Finance

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Yesterday Apollo went live on Uniswap. Do you plan to ride this horse?

Mission:
>Decentralized finance and blockchain technology was meant to provide solutions to the many problems facing traditional finance including lack of transparency, centralization, corruption, inefficiency, manipulation, volatility, and large overhead costs. All of these weaknesses are paid by users through excessive interest. Smart contracts and DeFi lending solutions can solve these issues but are lacking a decentralized collateral source that is stable. Apollo aims to be the solution to the collateralization of DeFi through a model of true seigniorage where there is no compromise between growth/volatility and stability. Rather, both growth and stability are optimized and exist separately while functioning collectively.

AOX will be the growth token that I personally am interested in. AOY is the stable coin, while AOZ is more like a "share" in the ecosystem.

Highly suggest you go to apolloprotocol.org to read on about what this project is doing. Literally a Maker killer.