OpenOcean — Development Highlights Achieved During the Past Week (17th to 23rd, 2021)
OpenOcean platform has really been truly active during the month of December last year, as they have relayed amazing developments for their Community users. In today’s article we’ll be going through all the previously Iterated developments Achieved by the platform. Before this is stated, a little info what the platform is will be described;
OpenOcean is simply the 1st Decentralized & Centralized finance Based Aggregator. OpenOcean’s algorithm for intelligent routing searches for the best prices with minimal slippage for every user/ trader affiliated with the Decentralized and Centralized Exchange system with no extra charges. OpenOcean has aggregated a lot of prominent DeXs around the publicnetwork. These mediums include; Solana, fantom, Polygon and many more. The system still plans to integrating crosschain swaps via crosschain bridges and systems. While on this integration, they are dedicated to providing the community with frequent updates, the updates for this month will be detailed below:
Holiday Event Updates
On the 21st of January, the platform thanked all users who participated in the Holiday Event. The total reward pool of 50,000 OOE tokens was sent out to the winners’ wallet addresses. The platform also encouraged the users to join their vault and Liquidity mining program in order earn more rewards.
On the 20th of January, the platform announced that they’ve integrated AstroPort into their network. It brings more than $1.15 billion of additional Liquidity on Terra, offering users the best rates to swap more efficiently.
Mask Network Integration
On the 19th of January, the platform announced that they are integrating Mask network. To dive into Web3 space, OpenOcean was thrilled to unveil the integration with Mask Network, the Web3 portal to the new open internet. This Integration is set to offer users the best swap option with maximum return on Multichain.
CoinBase Wallet Integration
On the 18th of January, OpenOcean integrated CoinBase wallet, the easiest and most secure crypto wallet. Supported chains include; Polygon, BSC, Ethereum, Avalanche, Fantom, Arbitrum, Gnosis.
Swap most efficiently to get the best rates through CoinBase wallet on OpenOcean network.
SaaS tool Beta Tester Access
On the 18th, the platform thanked everyone for applying for the beta tester access to Openocean’s SaaS tool for automatic arbitrage and grid trading. They were overwhelmed by the hundreds of responses. There are 48 whitelisted experienced applicants selected working with them for testing.
The OpenOcean Network is really working towards facilitating various schemes and plans for the betterment of their community and network. With the rewards being successfully distributed, the platform encourages the community to stay tune for more reward based events. The network is really proving to be a Onestop destination to trade on 10 networks. It also grant users freedom to trade any token with the best return. While facilitating this sector, users will be empowered with more reward & incentive plans along the way. As the platform enters the last week of the month, it promises to update the platform with the best reports.
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