This article was first published on OntologyNetwork - Medium
Ontology to Partner up with 5 DeFi Service Providers in Finance and Wealth Management
1. Ontology to Partner up with Babel Finance in Finance and Wealth Management
Ontology has just announced its partnership with Babel Finance in finance and wealth management based on Ontology’s stable coin PAX and ONTO wallet.
Babel Finance offers flexible products for Ontology’s stable coin PAX, including BABEL Current+ and Fixed+ products.
“BABEL Current+”: The BABEL Current+ series provides fast and flexible withdrawal services. BabelBank is committed to achieving higher returns for users based on meeting safety and liquidity requirements. Currently, the BABEL Current+ products for PAX in ONTO, Ontology’s one-stop client, offer an annualized interest rate of 6%.
“BABEL Fixed+”: By depositing in the “BABEL Fixed+” series, you can enjoy the service of fixed-term financial management of crypto assets and return to your account automatically after expiration. The PAX products can offer an annualized interest rate of up to 12%. (Ontology users can buy the products in ONTO or on Babel Finance’s website.
About Babel Finance
BabelFinance is founded in July 2018 by Moonalpha Financial Services Limited, a registered company in Hong Kong. Babel Finance provides crypto-backed loans, deposit services, financing, margin trading, and other derivatives services.
Babel Finance has grown into one of the largest commercial crypto banks in Asia. It exclusively works with the top mining pools in China and prides itself on being one of the most trusted and reliable crypto-finance institutions.
2. Ontology to Work with SALT Lending in Wealth Management
Ontology also announced its partnership with SALT Lending, a leading digital asset management company. The two sides will work together to provide high-quality, low-risk, and high-yield stable coin wealth management products for Ontology’s ecosystem projects. SALT Lending’s services are already available to the business partners in the Ontology ecosystem. ...
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OntologyNetwork - Medium