Lykke will create a single global marketplace, where any sort of financial instrument can be traded and settled peer to peer with second-by-second interest payments. Unlike the structure of prevailing markets, ours will be a level playing field to which anyone with an Internet connection can have access.
OAX is an ERC20 token developed to fuel an open-source decentralized exchange platform “openANX” which provides an aggregated order book to increase liquidity; holds collateral for asset gateways to reduce credit risk; and features an off-chain, predetermined dispute resolution system governed by the Decentralized Autonomous Organization(DAO) to maximize consumer protection.