OpenFi (NEC)OpenFi is a decentralized spot and perpetual exchange owned by DAOs. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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What is OpenFi
OpenFi is a decentralized spot and perpetual exchange that operates on a vast scale, providing traders with low swap fees and zero-price impact trades. The platform's trading capabilities are bolstered by a diverse multi-asset pool, which earns liquidity providers fees through market making, swap fees, and leveraged trading.
- The Protocol owns the liquidity of the new generation DEX
- Supports swaps and leveraged trading
- $OPEN: endorses assets and holds a warrant as a Treasury asset
- $NEC(NECTAR): acts as the protocol contribution token and it is used to administer the contract
The protocols of OPENFI offers two tokens, $OPEN and NECTAR($NEC), both of which are ERC20 tokens based on the zkSync Era chain. The $OPENtoken functions as an asset endorsement token as well as a certificateof ownership for treasury assets. On the other hand, $NEC tokens are usedtomanage contracts and represent a value contribution to the protocol.
LegalBlockchain Platform: zkSync | Token infoTicker: NECType: Utility-token Token standard: ERC-20 Token distribution: Liquidity pool - 0.5% Referral Contribution Mint - 79.5% Airdrop - 10% Foundation - 6% Strategic Partners and Investors - 4% |
OpenFi Roadmap
Treasury and stake
Protocols development
veNECTAR voting rewards and other developments
Swap LP bond market launch
Protocol testing
DAO is established and IDO is started
Swap online OPEN and NECTAR token offerings