| Fully Diluted Valuation | $165,491 |
|---|---|
| 24H Trading Volume | $14 |
| 24H Low / High | $0.00 / $ 0.00 |
| Circulating Supply | 2.74B |
| Total Supply | 3.82B |
| Max Supply | 10.00B |
| Categories | Liquid Staking 2 more |
|---|---|
| Founder | Anonymous |
| Name | Pair | OG Score |
|---|
OolongSwap: Brewing Up Innovation on the Boba Network
The decentralized finance (DeFi) landscape thrives on innovation, with new protocols constantly emerging to cater to user needs. OolongSwap stands out as a prominent player on the Boba Network, offering a comprehensive suite of features for a seamless DeFi experience.
Built on Boba's foundation:
OolongSwap is the leading decentralized exchange (DEX) on the Boba Network, a Layer 2 scaling solution for Ethereum. Boba Network addresses the scalability and cost challenges of the Ethereum mainnet, allowing OolongSwap to offer faster transactions and lower fees.
Beyond Standard Swapping:
While OolongSwap facilitates swapping between various cryptocurrencies, it extends beyond basic DEX functionality. Here's what sets it apart:
Dynamic Pair Fees: OolongSwap employs dynamic fees that adjust based on trading volume. This minimizes slippage, a common pain point for traders, especially for smaller transactions.
Bonding for Sustainability: The platform incentivizes long-term holding of its native token, OLO, through a bonding mechanism. Users can lock up their OLO tokens for a set period and earn rewards in return. This reduces circulating supply and fosters a sustainable ecosystem.
YOLO Staking: This innovative feature allows users to stake their tokens and automatically reinvest their rewards for a passive income stream.
Expanding the DeFi Frontier:
OolongSwap goes beyond core functionalities by offering:
Multea Farm: This allows users to efficiently farm multiple tokens simultaneously, potentially maximizing their returns.
Friends of Oolong: This program highlights and potentially incentivizes other projects on the Boba Network, fostering collaboration and growth within the ecosystem.
Overall, OolongSwap positions itself as a user-centric DeFi platform on the Boba Network. With its innovative features and commitment to a thriving ecosystem, OolongSwap is brewing up exciting possibilities for the future of DeFi.
OolongSwap offers features like dynamic fees for low slippage, token bonding for sustainability, and YOLO Staking for passive income generation, all on the Boba Network.
OolongSwap keeps its founders anonymous.
Join
OGAudit
