Overview
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OpenWhat is Octane Finance
What is Octane?
Octane is a fully decentralised rewarding limit order platform driven by network of executors built on Ethereum & Binance Smart Chain(BSC)
Where can I get OCTANE token?
OCTANE will be available on PancakeSwap after Token generation event (TGE). TGE of OCTANE is not yet done, please be aware of scams
How does Octane work?
Using Octane you can place limit orders and generate APY. Example: Let's say you want to place buy limit order of CAKE aganist BUSD then we take your BUSD and send it to lending protocols till CAKE reaches your desired price.
Octane is a community-first platform. The team initially leads Octane Finance. As time progresses and the platform matures, the Octane community will take charge of the project. Octane Community will handle everything like deciding on new features, executor policies, partnerships, and more.
Octane community will be a group of users from all across the board, including developers, traders, investors, marketers, and funds.
DetailsIDO (TrustPad Launchpad): Sep 17, 2021 - Sep 17, 2021IDO (DuckStarter Launchpad): Sep 21, 2021 - Sep 21, 2021 IDO (Mantradao Launchpad): Sep 21, 2021 - Sep 21, 2021 Token supply: 100,000,000 OCTANE Raised: 1,700,000 USD LegalBlockchain Platform: Ethereum, Binance Smart Chain | Token infoTicker: OCTANEToken distribution: Community - 45% Team - 18% Seed Round - 5% Private Sale - 6.5% IDO - 1.5% Advisory - 2% Foundation Reserve - 22% |
Octane Finance Roadmap
User Research
We spoke to a lot of 1inch and other limit order platform users to understand the problem with the current system. We found a lot of issues in the execution of current limit orders system. So we proposed a solution to improve execution while making the limit order assets rewarding for the user.
Prototyping
We tried out testnet code to see if such a product is possible.
Testnet Launch
Octane being a unique and never seen before solution for limit orders, this is a milestone achievement for us. Testnet feedback, economy simulation, and more will help build a robust mainnet launch.
Seed & Private Sale Round
Octane has closed its seed and private rounds of $1.7M to fuel the initial development, token sale, and network growth. Read more here.
Community Growth
We are constantly engaging with the community to get ready for testnet and contribute to the protocol.
Token Sale
We plan to do a public token sale by end of July, this will create a free-flowing OCTANE token that will be ready to use by the mainnet protocol.
Staking
Plan to add staking to incentivize liquidity providers.
Beta Launch
Launch beta version of the mainnet from the learnings of testnet.
Mainnet Launch
Combine all learnings from testnet and beta, update any known issues and go mainnet.
Audit
An audit is crucial to understand any known issues with our smart contracts.
Multi-chain
Launch on Eth/L2 and other blockchains to fuel limit orders there.
Partnerships
Partner with yield protocols to aggregate best yield. Partner with centralized exchanges for added liquidity in DeFi.
DAO Setup
Plan to structure and set up Octane DAO to take protocol decisions.
Social media
