OpenOcean (OOE) Project Analysis

1. Research Comment

With the gradual maturity of many public chain ecosystems, cross-chain projects has begun to be prominent and will become a hot spot, and OpenOcean is the best among them. OpenOcean is mature in product development, solid in user base, and it has participations from large organizations. It is becoming the leader of the field.

2. Recent Flashpoint

The maturity of public chain ecosystem, the gradual emphasis on cross chain project

3. Project Introduction

OpenOcean is a full CeFi and DeFi aggregator that aggregates mainstream DEXes on public chains and mainstream CEXes. OpenOcean helps user to find the best price and lowest slippage n aggregated DEXes and compares the best price with price on CEXes. OpenOcean has aggregated DEXes on Ethereum , Binance Smart Chain, TRON and Ontology. The first centralized exchange supported is Binance. OpenOcean is the No.1 aggregator on Binance Smart Chain and first aggregator on TRON.

4. Token Roles

• Community voting right
• Trading fee discount
• Participate in liquidity mining
• VIP rights in centralized exchange
• Margin for derivatives trading
• Collateral for lending deposit

5. Token Allocation

Total: 1,000,000,000

• Strategic investment: 5.6%, linearly release in 2 years
• Private investment: 7.5%, linearly release in 2.5-3 years
• Openocean lab: 29%, release in 3 years
• Liquidity mining: 33%, mined in 5 years
• Eco foundation: 7%, release in 3 years
• Team and consulants: 15.9%, release in 3 years

Early user airdrop: 2%

6. Investment Institutions

Binance, multicoin, Huobi, TRON, FBG, OKEX, CMS, etc. 

CoinW Research

August 7, 2021