The new wave of a data backed stable asset
H2OdataH2O Fundamentals: Governance and Tokenomics
What is H2O?Although some of this information was mentioned in previous posts, we want to reiterate the critical points about H2O.H2O is a stable asset for decentralized data marketplaces.H2O is a friendly fork of Reflexer’s stableasset, RAI.Initially, the Ocean token will back H2O, but other next-generation data tokens will back H2O later this year.H2O will act as a medium of exchange and unit of account.H2O removes the pricing variability in decentralized data marketplacesTo summarize, H2O ...
H2OdataH2O, the first non-pegged stable asset for the Web3 Data Economy, is here
The time has come.After eight busy months of hard work, the H2O team is thrilled to announce the launch of H2O, an important milestone for the entire Web3 Data Economy. H2O is a non-pegged and decentralized stable asset backed by OCEAN. H2O is now live on Ethereum mainnet. Across all industries, the transformational power of data is impossible to ignore. McKinsey reports that data “can help unlock $3 trillion to $5 trillion in economic value.” The Economist writes that “The world’s most valua...
H2OdataH2O Fundamentals: Governance and Tokenomics
What is H2O?H2O is a stable asset for decentralized data marketplaces.H2O is a friendly fork of Reflexer’s stable asset, RAI.Initially, the OCEAN token will back H2O, but other next-generation data tokens will back H2O later this year.H2O will act as a medium of exchange and unit of account.H2O removes the pricing variability in decentralized data marketplaces To summarize, H2O will help solve multiple issues in decentralized data marketplaces, such as capital efficiency, stability in transac...
H2OdataH2O Fundamentals: Governance and Tokenomics
What is H2O?Although some of this information was mentioned in previous posts, we want to reiterate the critical points about H2O.H2O is a stable asset for decentralized data marketplaces.H2O is a friendly fork of Reflexer’s stableasset, RAI.Initially, the Ocean token will back H2O, but other next-generation data tokens will back H2O later this year.H2O will act as a medium of exchange and unit of account.H2O removes the pricing variability in decentralized data marketplacesTo summarize, H2O ...
H2OdataH2O, the first non-pegged stable asset for the Web3 Data Economy, is here
The time has come.After eight busy months of hard work, the H2O team is thrilled to announce the launch of H2O, an important milestone for the entire Web3 Data Economy. H2O is a non-pegged and decentralized stable asset backed by OCEAN. H2O is now live on Ethereum mainnet. Across all industries, the transformational power of data is impossible to ignore. McKinsey reports that data “can help unlock $3 trillion to $5 trillion in economic value.” The Economist writes that “The world’s most valua...
H2OdataH2O Fundamentals: Governance and Tokenomics
What is H2O?H2O is a stable asset for decentralized data marketplaces.H2O is a friendly fork of Reflexer’s stable asset, RAI.Initially, the OCEAN token will back H2O, but other next-generation data tokens will back H2O later this year.H2O will act as a medium of exchange and unit of account.H2O removes the pricing variability in decentralized data marketplaces To summarize, H2O will help solve multiple issues in decentralized data marketplaces, such as capital efficiency, stability in transac...
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We’re pleased to announce we have partnered with EPNS (Ethereum Push Notification Service)! Through this partnership, we’re ensuring that the H2O community can easily stay updated with any on-chain and off-chain activity through decentralized notifications.
EPNS is a decentralized, blockchain-agnostic communication protocol for the entire web3 world that aims to provide users notifications for on-chain and/or off-chain activity.
EPNS enables users, dapps, and service providers to create notifications that can be based on any off-chain or on-chain logic that can be triggered via smart contract, backend, or dApps. These come from an open communication network (push nodes) and are tied to wallet addresses allowing any crypto wallet, frontend, or infra service to display it to Web3 users.
For those that have opened a Safe to borrow H2O, it’s of utmost importance to monitor and adjust your position in times of market volatility. If you haven’t read our guide to Safe management yet, we recommend doing so here.
Before this partnership, users would have to manually check their collateral ratio in order to gauge their level of safety from liquidation. Now, users can enable notifications through EPNS to automatically receive notifications in case their Safe is close to get liquidated.
To enable the push notifications from EPNS, you just have to click Connect on your Account page in the H2O application. Users can select between a chrome extension, a dApp, and a mobile application, so EPNS ensures that notifications are delivered to all devices and are not missed.
You can learn more about all alternatives here.
H2O is the first non-pegged stable asset for the Web3 Data Economy. Initially, it is backed by the OCEAN token but in Q3 it will also be backed by other next-generation data tokens.
We’d love for you to join our growing community of builders and users committed to decentralized data economies in DeFi. You can start by joining one or more of our community channels here:
We’re pleased to announce we have partnered with EPNS (Ethereum Push Notification Service)! Through this partnership, we’re ensuring that the H2O community can easily stay updated with any on-chain and off-chain activity through decentralized notifications.
EPNS is a decentralized, blockchain-agnostic communication protocol for the entire web3 world that aims to provide users notifications for on-chain and/or off-chain activity.
EPNS enables users, dapps, and service providers to create notifications that can be based on any off-chain or on-chain logic that can be triggered via smart contract, backend, or dApps. These come from an open communication network (push nodes) and are tied to wallet addresses allowing any crypto wallet, frontend, or infra service to display it to Web3 users.
For those that have opened a Safe to borrow H2O, it’s of utmost importance to monitor and adjust your position in times of market volatility. If you haven’t read our guide to Safe management yet, we recommend doing so here.
Before this partnership, users would have to manually check their collateral ratio in order to gauge their level of safety from liquidation. Now, users can enable notifications through EPNS to automatically receive notifications in case their Safe is close to get liquidated.
To enable the push notifications from EPNS, you just have to click Connect on your Account page in the H2O application. Users can select between a chrome extension, a dApp, and a mobile application, so EPNS ensures that notifications are delivered to all devices and are not missed.
You can learn more about all alternatives here.
H2O is the first non-pegged stable asset for the Web3 Data Economy. Initially, it is backed by the OCEAN token but in Q3 it will also be backed by other next-generation data tokens.
We’d love for you to join our growing community of builders and users committed to decentralized data economies in DeFi. You can start by joining one or more of our community channels here:
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