Building on Onyx
Onyx is focused on being a primitive layer for encapsulating a business onchain. We encourage builders to take these building blocks and provide more value for businesses that have tokenized.
Here are some examples of what you can build on top of Onyx. We are happy to help with development, marketing, or financial resources for anyone looking to explore these directions.
Lending / Credit Markets
Create a permissionless lending market (like Ajna) that allows business owners to deposit their equity as collateral and borrow micro-loans in USDC. Because treasury and cash-flow information is onchain you can build smart liquidation mechanisms that gauge the instrisic value of the business.
Public Auctions
Create a dutch auction platform that allows businesses on Onyx to auction off blocks of a token to a market. This can also feed into efficient liquidation mechanisms mentioned for the lending market above.