Open Ocean Platform — Community Recap for October 2021
Hello everyone, today’s article is going to be about the various highlights and updates for the Open Ocean platform over the course of October. These highlights will basically be touching on developments such as trick & trade campaigns, Open Ocean Atlantic, and so on. But before the topics are stated, a little info on the platform itself with functions will be necessary for you to comprehend the updates.
OPEN OCEAN PREVIEW
Open Ocean platform is the 1st community based & Centralized finance aggregator platform. The platform’s smart routing algorithms help to locate the great prices with low slippage placed for different traders with no extra cost or fees. Open Ocean platform has gone out it’s way to aggregate a lot of Decentralized based Exchanges (DeX) around the public chains, they include; Ethereum, BSC, Polygon, Avalanche, Solana, Fantom, CeX { Binance}. The updates developed by the platform will be mentioned and detailed below
Trick or Trade Exchange Campaign
Due to the Halloween season being up, the platform decided to put 10 thousand dollars for grabs. Exchange Fantom Coins on the Open Ocean platform in order to take part in the campaign.
The platform announced several days ago, Fall- Fantom Campaign which will be on Fantom chain network. In order to celebrate their recently done aggregation with the chain network (Fantom), they offered a prize pool of 10 thousand dollars worth of coins across 2 campaigns for users trading on the network through Fantom chain. The campaign started on the 29th of October to the 12th of November.
Campaign Regulations
1- for the 2 campaigns, overall trade size during the period of the campaign must be bigger than two hundred dollar USDT
2- Eligible coins & transactions are going to be launched on the Fantom chain through Open Ocean.
3 thousand Dollar Prize Pool
Users with an overall trading size larger than two hundred dollars while on the campaign time are going to Share a prize pool of about 3 thousand dollars worth of coins.
7 thousand dollar Prize Pool
An Exchange competition event with a 7 thousand dollar prize pool will be rewarding users with the largest trading size.
Open Ocean Atlantic Launch (Version 2.0)
This Atlantic version was innovated to enable individuals with a high end algorithm & upgrades in protocol so that there will be optimization in trading. It allows the trades to reach great returns depending on a lot of aspects such as minimal gas taxes, affordable price rates and an improved routing in order to increase the last yields. Meaning the individuals do not have to be anxious anymore because of the trade off going on between affordable price rates from utilizing a lot of routes.
TOKEN ADDITION
Open Ocean on the 26th of October, informed the Community about the new trending tokens of BSC and Fantom DC are added to Open Ocean. On Binance Chain; ALU, EMPIRE, BIT, LIGHT. On FantomFDN; MORPH, TOMB, TSHARE, SPELL. Users can trade all in one spot at an affordable price on Open Ocean.
SUMMARY
Open Ocean is really working towards giving users the best rates around the Community based and Centralized trades with high end trading simplicity. As the platform moves on to more planning and schemes in November, the users are assured of developments that’ll enlarge and support the Ecosystem.
Learn more about OpenOcean
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