What kind of currency is OOE in one article? Is OOE coins valuable?

OpenOcean is a complete aggregator that can use deep-optimized intelligent routing algorithms to find the best price and lowest slippage for traders on aggregated decentralized exchanges and centralized exchanges. OOE coins are the native tokens in the project, which can be used for protocol governance, gas fees and landslide subsidies, liquidity mining, and as collateral for loan margins.

The latest price trend of OOE coins

＄0.0058 ≈ ¥0.04

What currency is OOE?

OpenOcean is a complete aggregation tool that ultimately aims to allow any user to access the entire liquidity of the entire cryptocurrency market for any given trading pair, and OOE coins are the native tokens for the platform. The OpenOcean protocol has aggregated liquidity for many major DEXs, thanks to integration with four major platforms: Ethereum, Binance Smart Chain, TRON and Ontology.

It also integrates Binance, the largest daily trading volume CEX to date. Upcoming integrations will include Solana, NEO, Polkadot, Coinbase and Deribit. However, this is just the tip of the iceberg, as OpenOcean has a broad roadmap covering the next two and a half years (more will be done in the future.)

The OpenOcean protocol uses an optimized intelligent routing algorithm based on the Dijkstra algorithm, which is programmed to find the shortest path between two graph points. Applying it to an order, an OpenOcean algorithm called D-star finds the best price on the market and then splits the routes between different protocols for better transaction rates.

From a user's point of view, this is actually the same as placing an order on an exchange, as all of this happens in real time in the background. However, using OpenOcean ensures that they get the best price on the market with the lowest slippage.

Is OOE coins valuable?

The investment value of OOE coins is not high. According to official data, the return on investment of OOE coins is negative 98%. It can be seen that OOE coins have high investment insurance, so novices are not recommended to invest in OOE coins.

In addition to liquidity issues, this project overcomes another key challenge in the crypto space and is also important for institutional investors - price transparency. It also allows users to trade through any CEX without having to have a trading account, reducing another point of friction.

The platform is designed to attract users at all levels. Beginners may want to use the "classic" interface, which is a simple token swap box. More advanced traders can use the "Pro" interface, which displays all available markets for any given currency pair as well as charts. There is also an API.

Organizations can benefit from customized interfaces and strategic execution. Only the latter will pay, which means that OpenOcean is free to use for the vast majority of daily users. The project was founded by Leo Xue and Cindy Wu. Xue is an expert in developing trading systems and has worked at Intel and China Financial Futures Exchange. Ms. Wu has experience in strategic and M&A management during her tenure at Royal Bank of Scotland and 3M. Previously, she also served as senior investment director of a well-known private equity fund.

OpenOcean recently launched its own token under the code OOE, which conveys many privileges to holders. In addition to the right to govern the agreement, OOE token holders can also enjoy gas fees and slippage subsidies when using the OpenOcean protocol, which greatly reduces transaction costs.

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