July 9, 2021 - We are thrilled to announce that OpenOcean opts for Polygon after garnering support from its community!
The world’s first CeFi and DeFi aggregator has floated a poll on Twitter about its next aggregation, and its community has voted for Polygon. With this aggregation, DeFi users can benefit from liquidity from Polygon and perform faster transactions with minimal gas fees.
OpenOcean is currently supporting Polygon’s ecosystem projects like QuickSwap, SushiSwap, Cometh, Curve, Dfyn, PolyZap & many more are coming soon. Polygon will enable users to swap and trade their assets with the supported projects with lower slippage costs.
After the integration is done on Polygon, OpenOcean will start a trade mining campaign which will last for two weeks. The rewards for this campaign will be 100,000 OOE. More details will be released on the token launch date — July 12th. Stay tuned!
Users can start by connecting to the Polygon Network on MetaMask and selecting either OpenOcean’s Classic or Pro version. By comparing the prices across different chains, users can then Swap assets and trade on the exchanges. Using Polygon’s low-gas, high-speed infrastructure, users will be able to perform the trades at a much faster speed.
With this move, OpenOcean will benefit from the adoption from the Defi users utilizing Polygon’s full-stack scaling Ethereum solution. We look forward to the growth of the OpenOcean users and continue to support the DeFi ecosystem.
OpenOcean is the world’s first DeFi & CeFi full aggregator that finds the best price, no additional fees, and lowest slippage for traders on aggregated DeFi and CeFi by applying a deeply optimized intelligent routing algorithm.
Besides the aggregation of swaps, OpenOcean will continue to aggregate derivative, yield, lending, and insurance products and launch its own combined margin products and intelligent wealth management service. The platform also provides API and arbitrage tools for users to do arbitrage transactions automatically.
The vision is to build a full aggregator for crypto trading that serves as a bridge connecting the isolated islands in the current fragmented DeFi and CeFi markets. Regardless of being a small individual investor or large institution, everyone should have the opportunity to trade at the best prices and apply their own investment strategies to various crypto asset classes.
Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium, etc, and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 450+ Dapps, ~350M txns, and ~1.5M+ unique users.
If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your Dapp, get started here.
Unstoppable Domains is bringing its login solution to decentralized apps (dApps) on Polygon, giving people 100% ownership and control of their Web3 identities. Login with Unstoppable allows users to log into dApps with their unique Web3 domain. With an Unstoppable domain, any user within the Polygon ecosystem can now sign into more than 350 Web3...
Hola readers! GBM’s Bid-to-Earn smart contracts, which let bidders make money even if they are outbid, are now optimized for Polygon, deltaDAO Taps Polygon Supernets to Establish a Decentralized Data Economy Ecosystem on Global Scale, and OnePlanet Introduces Launchpad for NFTs on Polygon. Let’s dive in. Key takeaways: DeFi on Polygon was particularly impressive last...
Hola readers! J.P.Morgan and Singapore’s regulatory authority made their first live trade in DeFi which was #PoweredByPolygon; Franklin, a service that empowers businesses and organizations with blockchain-based payment instruments, launched its open beta version for testing on the Polygon; and Liminal, wallet operations infrastructure platform, announced support for Polygon’s blockchain. Let’s dive in. Key takeaways: ...