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The latest innovations mentioned by Brinchmann, such as the 24-hour liquidation probability dashboard and AI-powered simulations for advanced risk assessment, have helped 0VIX distance itself from its competition.

SETTING THE PACE

0VIX Takes the Lead in the Race for DeFi Dominance

“To truly revolutionize the world of DeFi, a protocol must not just follow but lead.”

This quote from the 0VIX team has truly been prophetic, as the nascent DeFi platform has become the fastest growing protocol on Polygon, taking the lead as the top money market in the ecosystem. What has led to the rapid rise of 0VIX? What are investors flocking to this protocol?

Jonny Brinchmann, Head of Marketing at 0VIX Protocol, commented on the success of the protocol. “We've had a rollercoaster couple of months with new feature launches like our 24H liquidation probability dashboard, new innovations such as toxicity numbers, and AI-powered simulations for our advanced risk assessment. It's fair to say we are leading a new standard of risk measurement in DeFi. On top of that, we are the first lending protocol on zkEVM testnet. All this plus Pre-Mining has led to us being the fastest-growing protocol on Polygon.”

Already possessing the highest degree of security with fully collateralized loans and audits from the best in the space, 0VIX claims to have reinvented DeFi on Polygon by combining veTokenomics with a dynamic interest rates curve andquantitative in-house risk assessment research, pioneering a new standard of measuring risks in DeFi. In addition, 0VIX provides #REALYIELD from lending fees and long-term sustainable yield with its native token ($VIX) and veTokenomics model. 0VIX already supports some of the most popular digital assets, including $BTC, $ETH, $USDT, $USDC, $MATIC, $DAI, $MaticX from @stadlerlabs/@stadler_polygon, and @QiDaoProtocol ‘s $MAI.

The latest innovations mentioned by Brinchmann, such as the 24-hour liquidation probability dashboard and AI-powered simulations for advanced risk assessment, have helped 0VIX distance itself from its competition. Becoming the first lending protocol on the zvEVM testnet may help 0VIX further distance itself from the pack.

In keeping with its innovative spirit, 0VIX has taken a dive into the NFT pool, creating NFTs to reward the 0VIX Chads, the ambassadors for the project, and running a promotional campaign in which they are giving away 12 Reddit Gen 1 Avatars. With their cutting-edge approach to DeFi, their partnership with rising Web3 giant Polygon makes perfect sense, as Polygon continues to be the vanguard for technological development.

Brinchmann and the 0VIX team are excited and appreciative for those who have contributed to the success of the protocol. “We extend our gratitude to the Polygon team and the awesome 0VIX Chads that have helped us achieve hyper-growth despite the bear market. LFG!”

Written By

The Matic Man

Oct 31, 2022