OccamFi is a decentralised finance (DeFi) platform built on the Cardano blockchain. It aims to act as a bridge between traditional finance and the blockchain ecosystem, providing a comprehensive DeFi infrastructure.
OccamFi works by offering a suite of decentralised financial services including a launchpad (OccamRazer) for projects on Cardano, liquidity mining via OCC token staking, a decentralised exchange (DEX) called OccamX on the Milkomeda sidechain, and governance through a decentralised autonomous organisation (DAO), OccamDAO. It utilises Cardano's proof-of-stake consensus mechanism, enhanced by smart contracts for automated and secure transactions.
Potential use cases for OccamFi include:
OccamFi was founded by a team from Zug, Switzerland, led by Mark Berger. Launched on March 30, 2021, with the OccamRazer platform, it has evolved into a leading DeFi ecosystem on Cardano. Significant milestones include the transition from an ERC-20 token to a Cardano-based token through the Ethereum-Cardano bridge, and partnerships, notably with the Velas blockchain for strategic development.