New Token Airdrop by the First DEX Aggregator on Binance Smart Chain! Next $1INCH?

2021-03-25 05:42:03 · 6109 views · 5 min read

 

 

What is OpenOcean?

 

OpenOcean supports multiple chains such as Ethereum, Binance Smart Chain, and Ontology. Across all chains, OpenOcean aggregates 12 different exchanges, allowing users to receive optimal fills. 

 

 

Specifically, OpenOcean is the first DEX aggregator on the Binance Smart Chain, aggregating liquidity from multiple large exchanges. OpeanOcean ensures users buy tokens for the optimal price on the BSC, aggregating from all leading AMM's: PancakeSwap, Bakeryswap, StreetSwap, and BurgerSwap

 

 

Key Features:

  • Developing a one-stop spot and derivative trading on both DEXes and CEXes

  • Cross-Chain Swaps

  • Best Price and Lowest Slippage

  • Tailor-made interfaces suiting specific traders

 

 

OpenOcean vs 1inch?

 

1inch.Exchange, the biggest DEX aggregator on Ethereum has expanded to Binance Smart Chain. Competing with 1inch Exchange to aim to be the largest DEX aggregator, can OpenOcean be the one who is leading the market? 

If you compare the 2 Dex aggregators' 30d dashboards, you'll find that OpenOcean is leading in unique trader amount, while 1inch is leading in trading volume and trades count.

 

 

30d Volume:

OpenOcean's 30d Dex trading volume is $191.25M, slightly dropped by 7.84% than the previous 30d period. 1inch's 30d volume is $1.27B, about 6x more than OpenOcean's. 1inch's 30d volume increase of 44040798.58% is tremendous since it has just launched.

 

 

30d Transactions:

OpenOcean has a dramatic transaction growth of 153.86% in the past 30 days. There are 273.75K trades in total. As for 1inch, the 30d transactions in total are 352.30K, growing sharply by 3202645.45%.

 

 

30d Users

OpenOcean's 30d unique trader amount is 98.53K, with a 208.30% increase. The amount of 1inch's 30d unique traders is 68.80K, about 1/3 of the OpenOcean's. The trader amount has increased by 2293133.33%.

 

 

So basically, both OpenOcean and 1inch's on-chain data first increased to a peak, then dropped to a stable levelOpenOcean has more unique traders than 1inch, yet 1inch is leading in volume and transactions. Can openocean be the one to lead the market?

 

 

 

Will $OOE Token Help to Boost OpenOcean to The Next Level?

 

If you remember, 1inch sent all its users great gifts, the $1INCH token airdrop last Christmas.

 

 

Now OpenOcean is doing exactly the same good to its BSC users! The token airdrop is coming!

 

 

You will be sailing in OpenOcean’s $OOE tokens, the OpenOcean's native governance token, if you qualify for the retroactive airdrop. A total of 10 million tokens will be airdropped into the sea of users in the Round 1.

 


 

Who are qualified to receive the free tokens? 

Users who have interacted with OpenOcean anytime since the launch until 08/03/2021 23:59:59 (UTC+8), AND addresses that

  • have successfully finished 4 valid transactions 

  • OR have finished at least one transaction with total transaction volume above 40 USDT


 

Then how to claim your $OOE? 

Token airdrops will be claimable on OpenOcean official website at token issuance day.


 

What can you do after you get free $OOE tokens?

  • Protocol Governance: $OOE holders have the voting rights in the OpenOcean community.

  • Gas Fee and Slippage Subsidies: OpenOcean DEX users can enjoy gas fee and slippage subsidies in future campaigns(greatly reducing trading costs).

  • Liquidity Mining: An initial liquidity mining program will go live after $OOE issuance. Liquidity Pools will go live on various public chains OpenOcean has aggregated like ETH, BSC, ONT, TRON etc including pairs such as: OOE/ETH, OOE/USDT, OOE/DAI, OOE/BNB, OOE/BUSD etc.

  • CEX VIP Membership: Users with large amounts of $OOE tokens will have exclusive access to VIP CEX services such as: Taker/Maker fee premiums, trading fee subsidies, token withdrawal fee subsidies. VIP members with a certain token quantity can also access the PME product (SAAS) arbitrage tool designed for institutional investors for a period of time.

  • Derivatives Combined Margin: $OOE tokens can be used as margin in combined margin products to facilitate one-stop derivative trading across exchanges.

  • Collateral as Margin for Lending.


 

Missed Round 1?

Don’t worry! If you have missed out on the round 1 airdrop, there might be still a chance of round 2. Just try and use OpenOcean, start trading on your favourite Binance Smart Chain exchanges!

 

 

Remember to watch closely on OpenOcean's data dashboard, see if the token airdrop will boost its users and volume!

 

 

 

You may also like:

 

Make sure you bookmark dapp.com and subscribe to our newsletter below to get updates direct to your inbox.

 

 

Comments Write Comment
Currently there are no comments for this article. Would you like to be the first to write one?