H2O is partnering with DataX - decentralized data finance (DataFi) protocol, building financial infrastructure on datasets. Data as an asset class will undeniably emerge as a principal sector in DeFi. The decentralized nature of blockchain opens up the opportunity for users to start reaping monetary benefits from their data. Users haven't been able to do so because of the lack of infrastructure built on top of the decentralized data financial (DataFi) economy. However, DataX and H2O are ...

H2O is partnering with DataX - decentralized data finance (DataFi) protocol, building financial infrastructure on datasets. Data as an asset class will undeniably emerge as a principal sector in DeFi. The decentralized nature of blockchain opens up the opportunity for users to start reaping monetary benefits from their data. Users haven't been able to do so because of the lack of infrastructure built on top of the decentralized data financial (DataFi) economy. However, DataX and H2O are ...

H2O secures strategic round for its Ocean-backed stable asset ahead of TGE and targeted community airdropWe are thrilled to announce that the strategic funding round for H2O is now complete. The project is capitalized, well equipped and has strategic investors onboard, aligned with our vision of enabling $H2O to become the preferred Medium of Exchange and Unit of Account for the emerging Web3 data economy.Round DetailsIn total, H2O raised $1,250,000 for 5% of its token supply of $PSDN governa...

H2O secures strategic round for its Ocean-backed stable asset ahead of TGE and targeted community airdropWe are thrilled to announce that the strategic funding round for H2O is now complete. The project is capitalized, well equipped and has strategic investors onboard, aligned with our vision of enabling $H2O to become the preferred Medium of Exchange and Unit of Account for the emerging Web3 data economy.Round DetailsIn total, H2O raised $1,250,000 for 5% of its token supply of $PSDN governa...

Introduction:The H2O team is excited to announce using Reflexer's codebase. We feel this is a perfect opportunity to bring algorithmic stableassets to the forefront of DeFi.What are stable assets?Before getting into the technicals behind RAI, we need to distinguish between stablecoins and stableassets. We define stablecoins (i.e., USDC and USDT) as pegged assets and RAI/H2O as real stableassets. Stableassets play an integral role in the development and evolution of the DeFi ecosystem. Th...

Introduction:The H2O team is excited to announce using Reflexer's codebase. We feel this is a perfect opportunity to bring algorithmic stableassets to the forefront of DeFi.What are stable assets?Before getting into the technicals behind RAI, we need to distinguish between stablecoins and stableassets. We define stablecoins (i.e., USDC and USDT) as pegged assets and RAI/H2O as real stableassets. Stableassets play an integral role in the development and evolution of the DeFi ecosystem. Th...

The H2O team is excited to announce that H2O, an Ocean-backed, non-pegged stable asset, is launching. Initially, the OCEAN token will back H2O; but data itself will back it later this year. Ocean is a decentralized data exchange protocol, the first of its kind built with blockchain technology. Users can exchange and sell valuable data while retaining privacy and control. Ocean has two unique crypto primitives: data on-ramp and data off-ramp, where users tokenize each dataset. These “data lego...

The H2O team is excited to announce that H2O, an Ocean-backed, non-pegged stable asset, is launching. Initially, the OCEAN token will back H2O; but data itself will back it later this year. Ocean is a decentralized data exchange protocol, the first of its kind built with blockchain technology. Users can exchange and sell valuable data while retaining privacy and control. Ocean has two unique crypto primitives: data on-ramp and data off-ramp, where users tokenize each dataset. These “data lego...

IntroductionData has taken over the world. In the past twenty years, we've seen the internet grow from a niche subset of technology into a sector that makes up a significant chunk of the world's economic activity. In 2018, the companies representing the Nasdaq 100 had a total market capitalization of around $11 trillion. Of these 100 innovators in the tech sector, giants like Alphabet, Meta, Apple, and Amazon hold valuations close to or greater than that elusive 13 figure mark. Data...

IntroductionData has taken over the world. In the past twenty years, we've seen the internet grow from a niche subset of technology into a sector that makes up a significant chunk of the world's economic activity. In 2018, the companies representing the Nasdaq 100 had a total market capitalization of around $11 trillion. Of these 100 innovators in the tech sector, giants like Alphabet, Meta, Apple, and Amazon hold valuations close to or greater than that elusive 13 figure mark. Data...

IntroductionYield farming has been a driving narrative in DeFi since DeFi Summer in 2020. Yield farming is a method that allows crypto users to earn more cryptocurrency and provides protocols with added liquidity to fuel protocol growth. Throughout 2020 and into the first half of 2021, almost every new DeFi protocol used yield farming to bootstrap liquidity. It seemed like this was the most efficient way to accumulate liquidity; however, protocols quickly realized that they were accumulating ...

IntroductionYield farming has been a driving narrative in DeFi since DeFi Summer in 2020. Yield farming is a method that allows crypto users to earn more cryptocurrency and provides protocols with added liquidity to fuel protocol growth. Throughout 2020 and into the first half of 2021, almost every new DeFi protocol used yield farming to bootstrap liquidity. It seemed like this was the most efficient way to accumulate liquidity; however, protocols quickly realized that they were accumulating ...

“An asset backed by data? Isn’t that just a stablecoin with extra steps?” Sure, while H2O might resemble some variation of a stablecoin like USDC or DAI, there are some key differences which allow it to fit in with the Ocean Protocol. Let’s take a look at H2O’s composition. H2O is a fork of RAI, Reflexer’s non-pegged and decentralised stableasset backed by ETH. To clarify, stableassets are not pegged to a particular “currency” rather, they are pegged to some defined number. On the other hand,...

“An asset backed by data? Isn’t that just a stablecoin with extra steps?” Sure, while H2O might resemble some variation of a stablecoin like USDC or DAI, there are some key differences which allow it to fit in with the Ocean Protocol. Let’s take a look at H2O’s composition. H2O is a fork of RAI, Reflexer’s non-pegged and decentralised stableasset backed by ETH. To clarify, stableassets are not pegged to a particular “currency” rather, they are pegged to some defined number. On the other hand,...

H2O is a data token-backed algorithmic stable asset operating with a stabilization mechanism battle tested by Reflexer. It will be employed as a medium of exchange and unit of account in decentralized data marketplaces. H2O offers stability in data token pricing, more accessible access to data marketplaces, and a strategic approach to trading. The H2O core team has been making healthy strides over the past month and is excited to finally release their solution to mitigate volatility in decent...

H2O is a data token-backed algorithmic stable asset operating with a stabilization mechanism battle tested by Reflexer. It will be employed as a medium of exchange and unit of account in decentralized data marketplaces. H2O offers stability in data token pricing, more accessible access to data marketplaces, and a strategic approach to trading. The H2O core team has been making healthy strides over the past month and is excited to finally release their solution to mitigate volatility in decent...

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...

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...