The purpose of the OIN project is to circumvent these hurdles and more by reconstructing the Ethereum DeFi ecosystem on the Ontology network by starting an ecosystem through OIN’s lending platform. By developing cross-chain technology, OIN will be able to exchange ETH assets natively. OIN will leverage ONT’s low transaction fees and low congestion to freely expand the ecosystem and grow the userbase to new heights by becoming the easier to use, cheaper option. The DeFi space will now have room to grow without restriction through OIN.
