OXEN is a privacy-focused cryptocurrency built on the Monero codebase. Their goal was to launch a network that facilitates completely anonymous and decentralized transactions. Oxen is a PoW cryptocurrency based on the CryptoNight heavy algorithm. In the beginning of 2021, Loki rebranded to OXEN. These were cosmetic changes only. $LOKI holders do not need to take any action. All Loki users can continue using their current wallets and services without having to update. All details regarding the rebrand are covered in the official announcement.
