Open Ocean Finance

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What is OpenOcean?

OpenOcean is the world's first full aggregation protocol for crypto trading that source liquidity from DeFi and CeFi, and enable cross-chain swaps. Our intelligent routing algorithm find the best prices from DEXes and CEXes, and split the routes to provide traders the best prices with low slippage and fast settlement. The function is free to use, OpenOcean users only need to pay the normal blockchain gas fees and exchange fees for the trades, which are charged by the exchanges and not OpenOcean.
OpenOcean aggregates major exchanges (DEXes and CEXes) and across Ethereum, Ethereum Layer 2 such as Loopring and Polygon, Binance Smart Chain, Solana, Ontology, TRON, and is the first full aggregator on Binance Smart Chain, TRON, Ethereum Layer 2, and Binance exchange. We continue to aggregate public chains and exchanges based on the voice of the community.
Besides aggregation of swaps, OpenOcean will continue to aggregate derivative, yield, lending and insurance products, and launch it's own combined margin products and intelligent wealth management service. OpenOcean provides API and arbitrage tools for users to operate automated arbitrage strategies.

The vision is to build a full aggregator for crypto trading that increase capital efficiency and serves as a bridge connecting the isolated islands in the current fragmented DeFi and CeFi markets. Regardless of being small individual investor or large institution, everyone should have the opportunity to trade at the best prices and apply own investment strategies on various crypto asset classes.
OpenOcean has its own token, OOE,  that serves utility and governance.

What is full aggregator?

Full aggregation means one-stop services that search DeFi and CeFi to find and optimize the best trading options for all types of crypto assets, across DEXes and CEXes, on verious public blockchains.

Cross-chain support

OpenOcean supports cross-chain swaps between the aggregated public chains via cross-chain protocols, and will support direct cross-chain transactions once the infrastructure is mature.

Connecting DeFi and CeFi through CeFi trading aggregation

We are continously aggregating value adding exchanges and users with large orders will automatically optimize the best route between markets in order to execute transactions at the best price both via DEXes and CEXes.

Derivatives, lending, and insurance products aggregation

Based on user needs the protocol will expand product scope into derivatives, both from DeFi and CeFi. For the aggregation of derivatives, we will achieve deep aggregation through portfolio margin. OpenOcean users can trade both long and short on multiple exchanges simultaneously with combined cross margins from both DEXes and CEXes.
In addition, OpenOcean will also aggregate lending and insurance products, as well as provide intelligent investment services to help users participate in the DeFi & CeFi ecosystem and automate their asset management process.

Full user coverage

OpenOcean will support not only DeFi users, but also CeFi users. Support is not only for novice traders but also for professional traders. The existing interface is user-friendly and completely free for users. For funds and professional traders, OpenOcean provides an API interface and customized trading interface services to assist investment institutions in developing trading strategies such as quantitative arbitrage.

Investors

We have successfully completed strategic investment and private placement fundraising by industry well known investors. The strategic round investment is led by Binance, other strategic investors include Multicoin Capital, LD Capital, CMS, Kenetic and Altonomy. In the private round, the investors are Altonomy, LD Capital, DAOMaker, OKex Blockdream ventures, AU21, FBG, TRON Foundation, Asymmetries Technologies and LIAN Group.




Site: https://openocean.finance/
Telegram: http://t.me/OOFinance
Discord: http://discord.gg/cxK6CCYcGp

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Beginner’s Guide to OpenOcean’s Full Aggregator — Binance Aggregation



The user experience is similar to the decentralized exchange.

The only difference is, you need to sign up with an account.


Go ahead and click on pro.

1. Register

Click on Register in the top right of Pro version: https://openocean.finance/pro



Go ahead and create an account with either the email or phone option.



Verify the email.





2. Log in



After you log in, it should show your email in the top right with asterisks.



3. Deposit Assets

Select the token and the public chain. A unique address will be generated, and you can transfer assets to this address from a third-party account (please double check the token and the address before deposit to avoid loss of assets and/or test a small amount). You can only deposit ETH and USDT now. More tokens will be supported in the future.



4. Exchange

Select the token pair to trade. In CEX trading mode, there is no need to select the network.
This is how to buy the token you want in the CEX. Select the token pair you want and the centralized exchange (Binance etc.).

Buy token at CEX

Sell token at CEX

View transactions records by clicking in the upper right hand corner.

How to manage your account

You can view an overview of your assets.




How to Withdraw

Select the Token and public chain to be withdrawn, fill in the address and amount, then submit the order. (Before withdrawal, please double check the token and the address to avoid loss of assets). There is support for public chains including TRC-20, Omnichain, ERC-20 and BSC.



At the bottom of the asset management page, check the recent deposit and withdrawal records.




Other menu functions

Toggle between the DEX PRO OR Classic version under Trade to switch between classic and pro. Pro will have more features.



How to check your pending orders

Click on Orders, Spot Orders, and Order History




How to check your Asset Balances

Click on Assets, and Exchange Account



Security center

1. At Security Center you can check recent login information and IP
2. Set up and update the email, password, bind the security code and Google verification code to enhance the security level of the account



KYC Verification

We follow the KYC verification procedure of Binance and apply it to OpenOcean to enable trading on Binance. You will need to submit your passport and identity information, in order to increase the transfer limit for withdrawals.




If you still have any questions, Feel free to ask questions on our social networks!

The list below

Twitter - https://twitter.com/OpenOceanGlobal
Medium  - https://openoceanglobal.medium.com/
Telegram - https://t.me/OOFinanceAnn

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OOE Staking Program on OpenOcean



Since the launch of OOE and related incentivized liquidity pools on OpenOcean, the most frequent request from the community has been to launch a single token staking program.

OpenOcean is taking steps towards becoming more decentralized in its decision making and always values the voice of the community. This has resulted in creation of a new staking program that will go live today, July 27, 2am and end on August 26, 2am UTC, where users can stake OOE to earn OOE on OpenOcean Ethereum.

Program details

Start: July 27, 2am, 2021 UTC
Network: Ethereum
Reward: 100,000 OOE (calculated and distributed per block)
Duration: 30 days
Terms: No lock-up, can be unstaked at any time
Contract address: 0xb99d38eb69214e493b1183ffa3d561fc9f75d519

How to stake?

Single token staking is a simple and easy way to make your OOE earn more OOE. Users can simply click “Vault” on OpenOcean to access and connect the wallet on Ethereum network. It simply requires you to stake your OOE and in return you will receive rewards.

The OOE can be unstaked at any time. To get started you need OOE on Ethereum and some ETH to pay for the transaction fees when staking and withdrawing.

Generally speaking, single token staking is compared to liquidity mining:

- Less complicated because you only need one token and stake that directly whereas liquidity mining requires you first to supply liquidity, then receive LP tokens that can be staked.

- Less risky because there is no impermanent loss.

- Yields less profit because the risks are lower.

Don’t have OOE on Ethereum?

Option 1: Transfer OOE from Centralized Exchanges that support OOE and send to your Ethereum wallet address.

Option 2: Transfer OOE from BSC/ONT network to ETH network via Poly Bridge. Guide here - https://docs.openocean.finance/how-to-guides/how-to-transfer-ooe-from-ethereum-network-to-bsc-with-polynetwork

More to come, stay tuned!

If you still have any questions, Feel free to ask questions on our social networks!

The list below

Twitter - https://twitter.com/OpenOceanGlobal
Medium  - https://openoceanglobal.medium.com/
Telegram - https://t.me/OOFinanceAnn

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Full Aggregator OpenOcean Announces Strategic Investment led by Binance



OpenOcean.Finance, a pioneering cross-chain crypto volume aggregator, is excited to announce it has recently completed a strategic fundraising round led by Binance and including strategic investors Multicoin Capital, LD Capital, CMS, Kenetic and Altonomy.

Multicoin Capital Partner Mable Jiang:

“We are very excited to be able to back OpenOcean, the next generation exchange aggregator that allows users to seamlessly trade across centralized exchanges and decentralized exchanges within one interface. Up till today there is no existing product on the market that offers price comparison of the same trading pair on centralized exchanges and decentralized exchange in one place, and we see this as a unique and large opportunity that OpenOcean captures and differentiates. We very much look forward to growing with OpenOcean, the multichain and multi-centralized-exchange prime broker, and would love to explore together on its potential becoming a cross-chain trading venue aggregator.”

CMS Holdings Partner Bobby Cho:

“As decentralized trading volumes continue to grow, aggregator venues like OpenOcean are addressing the fragmentation hurdles traders face today. OpenOcean is poised to improve crypto’s current opaque market infrastructure with their optimized search engines and algorithmic order routing solutions. We’re excited to back the team and be active members of the platform.”

Kinetic Founder Jehan Chu:

“We are proud to join the team at OpenOcean on their journey to break down the barriers between centralized and decentralized exchanges, and achieve zero friction in the next generation of digital finance. With cutting edge technology and backing from some of the best partners in crypto, we feel they have a unique edge in the aggregation space.”


Jack Yi Founder of LD Capital:

OpenOcean has an excellent team, they delivered extraordinary performance within very limited time after launched. We strongly believe that the team will exceed our expectations and outperform the set targets, establishing themselves as the best aggregator platform in the space, delivering quality services to millions of users. LD Capital is honoured to embark in this journey together with OpenOcean, and will continuously dedicate our 100% to support the team in our full capacity.


About the investment of Binance

OpenOcean is the first and leading dex aggregator on Binance Smart Chain and is growing together with BSC. Empowered by the investment from Binance, OpenOcean will continue to build the ecosystem on BSC and working on the aggregation of Binance to bring more dynamics to both BSC and Binance.

OpenOcean founding team:

“We envision to build a full aggregator in crypto trading serving as bridges connecting the isolated islands in Defi and Cefi.

Our goal is to build an ecosystem that’s beneficial to all kinds of users in the current fragmented market by providing an entrance to one-stop trading with symmetric price information and all mainstream asset available while empowering all the individual users and investment institutions to trade on the best price and apply their own investment strategy.”

Funds will be put towards building out OpenOcean’s full aggregation ecosystem, which draws in mainstream products from both centralized (CEX) and decentralized (DEX) exchanges. In addition, OpenOcean will undertake marketing efforts to grow its user base and evolve into an aggregator that captures the full spectrum of crypto market liquidity.

Till now, OpenOcean has more than 68,000 active addresses with $550 million trading volumes trading on it’s aggregated DEX ecosystem on Ethereum, Binance Smart Chain, Ontology and TRON. It’s now ranking the second in user numbers in recent 30 days amongst all decentralized exchanges according to Dappradar.

Looking further into the future, OpenOcean will offer derivatives, combined margin products, yield products, lending and insurance as well as intelligent wealth management services via their Indian Ocean, Atlantic Ocean, Pacific Ocean and OpenOcean versions.

More to come, stay tuned!

If you still have any questions, Feel free to ask questions on our social networks!

The list below

Twitter - https://twitter.com/OpenOceanGlobal
Medium  - https://openoceanglobal.medium.com/
Telegram - https://t.me/OOFinanceAnn

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OpenOcean is your best way to assets trading on DeFi and CeFi platforms which guarantees the best price, low fees and slippage.

TOP 10 WEEKLY GAINERS IN POLYGON ECOSYSTEM


Twitter - https://twitter.com/OpenOceanGlobal
Medium  - https://openoceanglobal.medium.com/
Telegram - https://t.me/OOFinanceAnn

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Ocean Trading Adventures — Trade to open the Mystery Ocean Box!

In the deep mysterious Ocean, you can discover precious and stunning gems — perhaps some you haven’t seen before. Join OpenOcean 7-day trading adventure and explore which gems you can win in the Mysterious Ocean Box.

Take a deep dive in OpenOcean and get the chance to win rewards from exciting projects: $AXS, $DEGO, $C98, $pCWS, $DPET, $POTS, and $OOE. Start trading and see if you can get your hands on the gems in the Mystery Ocean Box!

Here’s the full details:

Prize Pool: $5,000 worth of 7 different DeFi tokens

How to participate:

Trade at least two of the following tokens $AXS, $C98, $pCWS, $DEGO, $DPET, $POTS & $OOE in any trading pair on BSC via OpenOcean Classic or OpenOcean Pro, e.g. $OOE/BUSD. This must be in two separate trades.

Rewards:

Rewards will be split into two parts:

1 Your total trading volume during the campaign exceeds $100 USDT: 50 lucky winners will be randomly selected and rewarded $30 worth of Mystery Ocean Box tokens.

2 Your total trading volume during the campaign exceeds $200 USDT: 70 lucky winners will be randomly selected and rewarded $50 worth of Mystery Ocean Box tokens.

The 120 winning wallet addresses will participate in our Mystery Ocean Boxes to earn rewards.

Rewards in the box will be equal to $30 or $50 worth of any of these 7 tokens: $AXS, $C98, $pCWS, $DEGO, $DPET, $POTS & $OOE token, e.g. $50 worth of $OOE. You wouldn’t know what you get until you open the box!

Full details of the draw here -  https://blog.openocean.finance/ocean-trading-adventures-trade-to-open-the-mystery-ocean-box-8636230591cd

If you still have any questions, Feel free to ask questions on our social networks!

The list below

Website  - https://openocean.finance/
Twitter  - https://twitter.com/OpenOceanGlobal
Medium   - https://openoceanglobal.medium.com/
Telegram - https://t.me/OOFinanceAnn

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Another great news from the project team!

Wallet integration - Phantom now is supported to solana
network on #OpenOcean, providing a simple and safe way to swap tokens.

Try to swap today on Solana via http://OpenOcean.finance with best price!

Guideline  -  https://docs.openocean.finance/wallet-connect/phantom-wallet-guides

Website  - https://openocean.finance/
Twitter  - https://twitter.com/OpenOceanGlobal
Medium   - https://openoceanglobal.medium.com/
Telegram - https://t.me/OOFinanceAnn

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OpenOcean Monthly Report — July 2021

July 2021 marked the launch of OpenOcean’s governance and utility token OOE. The much anticipated launch created an exciting buzz in the community. July also saw the AirDrop and IDO distributions. In addition to the $OOE listing, July celebrated more product developments and Huobi’s OpenOcean investment. Dive into the full report below.



OOE Listing

OOE was officially listed on Kucoin with the OOE/USDT token pair, and also listed on other popular Centralized Exchanges:

KuCoin: https://trade.kucoin.com/OOE-USDT
Gate.io: https://www.gate.io/en/trade/OOE_USDT
MEXC: https://www.mexc.com/exchange/OOE_USDT
LBank: https://www.lbank.info/exchange/ooe/usdt
CoinEx: https://www.coinex.com/exchange/ooe-usdt


IDO & SEED SHO

In summary, OpenOcean has successfully raised a total of $100,000 through SEED SHO from Dao Maker and $100,000 from Polkastarter IDO. Here’s the vesting schedule breakdowns:

- SEED SHO on Dao Maker: $100,000–20% unlocked, then 8% on a quarterly basis over 2.5-year period. The sale size is $100,000 with $1,000 allocation per winner.

- IDO on Polkastarter: $100,000–20% unlocked, then 8% on a quarterly basis over 2.5-year period. We received over 5K applications for joining the IDO and only 318 lucky winners qualified. The IDO concluded successfully with all allocation filled.

CoinGecko and CoinMarketCap listings:

CoinMarketCap — https://coinmarketcap.com/currencies/openocean/
Coingecko — https://www.coingecko.com/en/coins/openocean


Investment

On July 7th, Huobi Ventures Blockchain Fund invested into OpenOcean. This marks another high profile investment since March. We believe working alongside the vast Huobi Global ecosystem will help us create more innovative solutions to connect DeFi and CeFi and further benefit users.

Product Development
UI/UX Upgrades on OpenOcean Classic & Pro versions.

Pro:

Clear presentation of the DEX & CEX price comparisons in rows. Remember, on OpenOcean users can choose to either trade on a DEX with the best price or on a CEX. Low liquidity issues of DEXes can impact the price dramatically, so the option of a high liquidity CEX to trade on can sometimes be a big money saver.

Classic:

- UI Design Display. Line charts supported for selected token pairs to allow users to check historical records. The “Market”section appears directly under the page for users to compare price quotes from different aggregated DEXes. Direct comparison of price from DEXes under “last price” in the “Market” section helps users find the best price.


- “Favorites” Button Added. This allows users to add and save their favorite token pairs.

- Rolling Banners Display. Campaign banners added to keep users updated on all the latest campaigns and opportunities to win rewards.

User Volume Stat Updates

- 279,000 unique addresses

- 2.1Billion trading volume

Public Chain Aggregation

OpenOcean expands the trading universe by integrating Polygon and HECO to the supported networks. It offers users the best one-stop trading experience across DeFi and CeFi. Currently OpenOcean has supported 7 public chains and with 35 DEXes.

Community Activities

- 2% of OOE airdrops including the wallet campaign winners have been distributed to users.

- Trade mining on Polygon — as a tremendous volume of users participated, there are 1000 winners chosen to share the prize pool of 100,000 $OOE.

- Trade mining on Heco — 100 lucky winners were randomly selected with 100 OOE each.

- Listing campaign together with KuCoin with rewards of 48,000 $OOE.

- AMA hosted on Polkastarter, Binance Smart Chain, and KuCoin.

- Global Ambassador Program — we received over 500 applicants at the end of July and selected the qualified ones.

- Article Writing Contest — 7 winners including 2 bonus winners with impressive and in-depth articles written about OpenOcean won the prize pool of 6000 $OOE.

- Liquidity mining on BSC with two pools — OOE/BUSD & OOE/BNB, rewarding 2,000,000 $OOE for the 14 days then continuing with rewards of 1,600,000 $OOE for another two months ending on Sept. 26.

- Staking Program on ETH with OpenOcean Vaults — stake OOE to earn OOE, with reward pool of 100,000 $OOE, ending on Aug. 26.


The OpenOcean core team really appreciate all the support from our amazing community, investors and full team. We’re looking forward to opening the next chapter of the OpenOcean journey!

Website  - https://openocean.finance/
Twitter  - https://twitter.com/OpenOceanGlobal
Medium   - https://openoceanglobal.medium.com/
Telegram - https://t.me/OOFinanceAnn