OOE

1. Project introduction

OpenOcean is the world's first full aggregation protocol for crypto trading that source liquidity from DeFi and CeFi, and enable cross-chain swaps.

Openocean's 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. 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.

2. Investment institution

Binance, Multicoin Capital, LD Capital, CMS, Kenetic, Altonomy, DAOMaker, OKX Blockdream Ventures, AU21, FBG, TRON Foundation, Asymmetries Technologies, LIAN Group, Huobi Ventures Blockchain Fund

3. Application and distribution

Total supply: 1,000,000,000‌

Token application:

OOE is the governance and utility token of OpenOcean that enables utility for users of the protocol and lets the community participate in governance. Governance token holders can shape the protocol’s future by suggesting proposals and voting on protocol parameters and future DEX and chain aggregations.

Token distribution:

Strategic Investors: 5.6%

Private Placement: 7.5%

OpenOcean Lab: 29%

Liquidity Mining: 33%

Ecosystem Foundation: 7%

Team: 15.9%

Early Users: 2%