Crypto aggregator protocol OpenOcean has announced that it added a Polygon blockchain aggergation to its platform.
OpenOcean is well-known in the crypto space for providing a superior trading experience to its users. By adding Polygon to its list of supported networks, OpenOcean has once again proved that it deeply cares about offering a rich trading experience to its users. The aim behind the aggregation of Polygon Network is to make it possible for OpenOcean's users to get the best prices for crypto assets with the lowest slippage across all blockchains.
Cindy, the co-founder of OpenOcean, is excited about the integration of Polygon Network with their platform. She believes their users want OpenOcean to aggregate even more Ethereum-compatible networks.
“We have come to learn that our DeFi users and traders have a strong preference for us to aggregate more open and powerful Ethereum-compatible blockchain networks that offer cheaper and faster transactions.”
Why did OpenOcean Integrate Polygon?
The decision to integrate Polygon was proposed by the OpenOcean community on Twitter. As a fully decentralized protocol, OpenOcean's users partake in almost every major decision that will shape its future.
On Twitter, OpenOcean asked its community which is the next network they want OpenOcean to aggregate on its platform. Polygon came out on top with over 44,000 votes, which is 48.7% of the total votes, whereas Solana came second with over 32% of all votes.
Why is This a Big Deal?
Polygon solves many issues plaguing the Ethereum network, like high gas fees and poor speed. The best thing about Polygon is that it does all these without compromising on the security aspect.
OpenOcean users also stand to gain quite a lot from the addition of Polygon to the OpenOcean platform. After all, integration with Polygon will make it possible for OpenOcean’s users to tap into liquidity available on Polygon-based exchanges. It will also enable its users to trade crypto assets at the best prices and with low slippage.
Rewards for OpenOcean Users
OpenOcean has plans for trade mining, under which it will offer up to 100,000 OOE tokens, its native cryptocurrency, to users transacting on Polygon via OpenOcean. The offer will remain valid for up to two weeks.
OpenOcean's Upcoming Plans
A lot of exciting things are in plans for the OpenOcean community. The first of many is the cross-chain aggregation that OpenOcean is likely to release in the coming weeks. Once implemented, it will enable OpenOcean users to trade and transfer crypto assets across different blockchain networks. We may also see OpenOcean launching a cutting-edge wealth management service soon.