๐ก The GraviDAO Podcast ๐ก
๐๏ธ @OpenOceanGlobal | Cross-Chain DEX Aggregation
๐ NEW EPISODE LIVE ๐
YouTube: youtu.be/Z0E6Xw6pY3M
Audio: linktr.ee/gravidao
TL;DR ๐งต ๐
@GuyPolio @multicoincap @KeneticCapital $OOE $ETH $BNB $SOL $DOT $MATIC $LUNA $AVAX #DeFi #crypto
OpenOcean "provides cutting edge protocols for everyone to use with the hopes of providing the most dynamic trading platform in DeFi."
๐ Key takeaways:
Both Kuwar and Guy are LUNAtics. Kuwar got into crypto during the 2017 bull run, took a break during the winter, and returned during DeFi summer. Guy got involved during 2018 crypto winter and has been through the crypto rollercoaster.
The original team came together from professional engineering backgrounds in Silicon Valley.
A lot of liquidity is trapped in DeFi. Open Ocean's algorithm is able to find the most efficient swaps and liberate this flow of money. Open Ocean wants to become the main hub for DeFi activities.
Open Ocean wants to see capital become less sticky and DeFi to evolve through their dApps. The 1,000% APY is obviously not a sustainable future for DeFi.
The $OOE token is currently a governance/reward token. The aggregator is free at the moment, but they are working on revenue streams.
Open Ocean is moving towards a DAO model for their governance. They are in testing phase, but they are looking forward to seeing where the community wants to move the platform.
In the short term, Open Ocean will be launching a DAO and cross chain swaps. They are also seeking to build a NFT aggregator in the longer term.
If they were trapped on an island with a crypto founder, Guy and Kuwar would choose @IOHK_Charles, as they think he would have the best survival skills.
Learn more about Open Ocean: openocean.finance/
You can read the unrolled version of this thread here: typefully.com/GraviDAO_/yZGcsMG