Openocean’s Liquidity Pool
WHAT IS IT IS ABOUT?
OpenOcean Liquidity Pools were created to assist in bringing OpenOcean users the best possible pricing on their swap trades for OOE related pairs. The liquidity pools allow liquidity providers to pair their tokens in the OpenOcean app and get a share of swap fees proportional to their liquidity provided.
The benefit to end users is cheaper overall trades on OOE related pairs due to lower trading fees charged by the OpenOcean liquidity pools. The benefit for liquidity providers is two-fold: earning trade fees and rewards of the OOE governance token for staking LP tokens into the OOE farms during the duration of the liquidity mining program.
WHERE IS IT AVAILABLE ON?
OpenOcean Liquidity Pools are available on Binance Smart Chain initially with plans to expand to other blockchains OpenOcean supports later on. To ensure a secure and familiar experience, OpenOcean’s liquidity pools are based on PancakeSwap’s battle-tested contracts.
For more information