OpenOcean : The Month of August

openocean

OpenOcean has been making waves as one of the most innovative and amazing projects in the blockchain space and it's no shocking news. The world's first full aggregation protocol for crypto trading , their platform sources liquidity from decentralized finance (DeFi) and centralized finance (CeFi), they enable cross-chain swaps.

Their growth has been phenomenal over the months due to their consistent hard work. From their AMAs to their airdrops, to their various collaborations and partnerships, OpenOcean’s core team has been working tirelessly to build an amazing community.

Open Ocean has a vision of building a full aggregator for crypto trading that serves as a bridge connecting the isolated islands in DeFi and CeFi,they are dedicated in building an ecosystem that’s beneficial to all kinds of users in the current fragmented market. The plan is to empower all individual users and investment institutions to trade at the best prices and be able to apply their own investment strategies on various crypto asset classes.

OOE is the governance and utility token of Open ocean that enables utility for users of the protocol and lets the community participate in governance. Holders of this token are able to shape the future of the protocol by suggesting proposals and voting on protocol parameters, dex aggregations, and future chains for starters.

It is a multichain token that is minted on Ethereum ERC-20 with a finite supply of 1.000.000.000 that can’t be increased — there’s no minting function in the token contract.

Tokenomics

  • 1,9% of the total supply was claimable on TGE for our early user who qualified for AirDrop round 1 and 2
  • 33% total token supply is allocated for liquidity mining
  • Liquidity mining and trade mining programs went live on TGE
  • Initial circulating supply at TGE was 78.989.286 OOE.

Holders of the token will be able to participate in lots of events and benefit from benefits when spending and deploying in the OpenOcean trading aggregation platform. Holders can use $OOE as collateral for lending and mining and even as margin in combined margin products to facilitate one-stop derivative trading across different exchanges.

OpenOcean has more than 150,000 unique addresses from 210+ countries and regions, 440,000+ transactions, with $800 million+ in trading volume from inception to March 26th, 2021. Dappradar ranks OpenOcean between the 3rd/4th most used app among all decentralized exchanges in the past 30 days in terms of the number of active users and is ranked as the number 1 DEX aggregator on Binance Smart Chain.

All these feats and its still counting! Due to their legitability, they have gotten investments and partnerships from various famous exchanges such as Binance,HuobiGlobal, Kenetic, Tron and Multicoin. This goes a lot to say that they have decided to trust in this project and they wont let them down.

If you are looking for the next big thing, its OpenOcean! its worth checking out.

Thank you

for more information,

Website: https://openocean.finance/

Twitter: https://twitter.com/OpenOceanGlobal

Telegram: https://t.me/OOFinance

DeFi Ambassador| Content Creator| Copywriter