Obyte Description

Obyte operates as a distributed ledger utilizing a directed acyclic graph (DAG) structure. In contrast to centralized ledgers and traditional blockchains, the Obyte ledger promotes decentralization, eliminating intermediaries while ensuring that access remains free, equitable, and open to all users. Through the Bonded Stablecoins platform, one can issue stablecoins that are tied to USD or BTC, or even create new stablecoins linked to various other assets or indices. Additionally, Stable+ coins are designed to increase in value over time, allowing holders to earn interest—potentially up to 16% per annum in USD. Governance tokens are also available, which appreciate in value corresponding to the issuance of more Stable+ coins. To trade tokens that have been issued on the Obyte network, users can utilize the ODEX decentralized exchange or the Oswap automated market maker; ODEX features off-chain order matching, achieving speeds comparable to traditional centralized exchanges, while Oswap enables liquidity provision, allowing users to earn fees with each trade. A unique feature of Obyte is its capability for conditional payments, allowing users to set specific criteria that must be met before the payee receives their funds, thus providing greater flexibility in financial transactions. This innovative approach redefines the potential of digital currencies, making them adaptable to various use cases.

Integrations

Reviews

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Company Details

Company:
Obyte
Website:
obyte.org

Media

Obyte Screenshot 1
Recommended Products
Gen AI apps are built with MongoDB Atlas Icon
Gen AI apps are built with MongoDB Atlas

The database for AI-powered applications.

MongoDB Atlas is the developer-friendly database used to build, scale, and run gen AI and LLM-powered apps—without needing a separate vector database. Atlas offers built-in vector search, global availability across 115+ regions, and flexible document modeling. Start building AI apps faster, all in one place.
Start Free

Product Details

Platforms
Web-Based
Windows
Mac
Linux
iPhone App
iPad App
Android App
Types of Training
Training Docs
Training Videos
Customer Support
Online Support

Obyte Features and Options

Obyte User Reviews

Write a Review
  • Previous
  • Next