OpenSky Finance Price

OpenSky Finance is a pioneering hybrid NFT lending and borrowing protocol powered by Aave. It offers both peer-to-pool instant loans and peer-to-peer bespoke loans, allowing users to seamlessly switch between these two lending models in a single transaction. OpenSky Finance aims to help NFT enthusiasts on Ethereum, Bitcoin, and other leading blockchains unlock the value of their NFTs with high capital efficiency and without price-based liquidation risks. Key features of OpenSky Finance: - Current price: $0.000977 - 24h trading volume: $15.88K - Market cap: $58.53K - Circulating supply: 59.91M OSKY - Total supply: 100M OSKY - All-time high: $0.286 (January 23, 2024) - All-time low: $0.000915 (August 5, 2024) OpenSky Finance was launched on January 22, 2024, with an initial price of $0.4. It aims to revolutionize NFT finance by providing flexible lending options and unlocking the value of digital assets. The project's innovative approach has attracted attention in the Web3 space, positioning it as a potential game-changer in NFT-based DeFi.

OpenSky Finance was created on January 22, 2024. The cryptocurrency was launched as the native token of OpenSky Finance, a hybrid NFT lending and borrowing protocol powered by Aave. OpenSky Finance aims to help NFT enthusiasts unlock the value of their digital assets through innovative lending solutions on Ethereum and other leading blockchain networks. Since its creation, OpenSky Finance has reached an all-time high price of $0.286 on January 23, 2024, and currently has a circulating supply of 59.91M OSKY tokens out of a total supply of 100M OSKY.

The founders of OpenSky Finance are not publicly disclosed. OpenSky Finance was launched as a decentralized project focused on NFT lending and borrowing, powered by the Aave protocol. While specific individuals are not named as founders, the project emerged from the broader DeFi and NFT ecosystems to provide innovative financial solutions for NFT holders. OpenSky Finance aims to help NFT enthusiasts unlock value from their digital assets through peer-to-pool instant loans and peer-to-peer bespoke loans, all without price-based liquidation risks. The project's vision centers on enabling high capital efficiency for NFT owners across major blockchain networks like Ethereum and Bitcoin.

OpenSky Finance operates as a hybrid NFT lending and borrowing protocol powered by Aave. It offers two main lending modes: 1. Peer-to-pool instant loans: Users can quickly borrow against their NFTs from a liquidity pool. 2. Peer-to-peer bespoke loans: Users can create customized loan terms directly with other users. The key innovation of OpenSky Finance is allowing borrowers to seamlessly switch between these two loan types in a single transaction. This provides flexibility and capital efficiency for NFT holders. OpenSky Finance aims to help NFT enthusiasts on Ethereum, Bitcoin and other major blockchains unlock the value of their NFT assets with: - High capital efficiency - No price-based liquidation risk The native OSKY token is used for governance and to incentivize participation in the protocol. With a current price of $0.000977 and market cap of $58.53K, OpenSky Finance is working to expand NFT financialization options in the Web3 ecosystem.

OpenSky Finance utilizes a hybrid architecture combining peer-to-pool and peer-to-peer lending models. Built on Ethereum, it leverages Aave's liquidity protocol for instant loans while also enabling customized P2P loans. The system allows seamless switching between these two lending types in a single transaction. OpenSky Finance's smart contracts are ERC20-compliant and designed for capital efficiency and mitigating liquidation risks for NFT-backed loans. The protocol aims to unlock value from NFTs across Ethereum, Bitcoin, and other leading blockchains. With a total supply of 100M OSKY tokens, OpenSky Finance employs governance mechanisms to enable community-driven decision making on protocol upgrades and parameter adjustments. The architecture prioritizes security, scalability, and interoperability to support its vision of revolutionizing NFT-based DeFi lending.

OpenSky Finance has an ambitious roadmap for the future. Key milestones include: 2025: Expanding NFT lending capabilities and integrating with more blockchain networks. 2026: Launching advanced DeFi features and improving capital efficiency for users. 2027: Implementing cross-chain NFT lending and introducing new financial products. 2030: Becoming a leading platform for NFT-backed loans across multiple chains. The team is focused on continuous protocol upgrades, partnerships, and community growth. They aim to make OpenSky Finance the go-to solution for NFT owners to unlock liquidity. Price predictions: 2026: $0.001201 2025 + 3: $0.00146 2030: $0.001795 2035: -- With its innovative hybrid lending model and Aave backing, OpenSky Finance is well-positioned for long-term growth in the NFT and DeFi sectors. The project's focus on capital efficiency and risk management should drive increased adoption and value for OSKY token holders.