About us
Our key ACHIEVEMENTS are:
- Creation of the first non-pegged stable asset for data economy used as a base token on Ocean Market. H2O provides data publishers with a more predictable pricing model while data consumers predict the data cost more accurately. H2O enables stability when pricing data and mitigates volatility compared to OCEAN pricing.
- H2O protocol provides psdnOCEAN, the liquid staking wrapper for veOCEAN. It allows users to exchange $OCEAN for psdnOCEAN and benefit from a liquid token that is, at the same time, a sustainable source of real yield. The main benefit of psdnOCEAN is the ability for users to exchange $OCEAN in return for a liquid token while maintaining exposure to veOCEAN (4-year locked) rewards, potential Data Farming rewards, and earning additional $PSDN emissions. Liquid tokens are transferable.
faq
No, it’s a stable asset. A stablecoin is pegged to a fiat currency such as $1 USD. In contrast, H2O is a non-pegged stable asset that works to stay at its current price.
psdnOCEAN is the liquid staking wrapper for veOCEAN, and it allows users to exchange $OCEAN for psdnOCEAN and benefit from a liquid token that is, at the same time, a sustainable source of real yield.
The main benefit of psdnOCEAN is the ability for users to exchange $OCEAN in return for a liquid token while maintaining exposure to veOCEAN (4-year locked) rewards, potential Data Farming rewards, and earning additional $PSDN emissions. Liquid tokens are transferable.
Converting $OCEAN to psdnOCEAN is irreversible. You may stake and unstake psdnOCEAN, but not convert them back to $OCEAN. Secondary markets, however, allow the exchange of psdnOCEAN and $OCEAN at varying rates.
Partners
