OpenSwap x Solv Protocol: Strategic Partnership
- OpenSwap joining Solv’s Seahorse Initiative on Binance Smart Chain
- OpenSwap to mint Vesting Vouchers on Solv Protocol
- Rewards for Liquidity Queue Providers Kickstart Program and Spot Priority Queue Trading Contest will be distributed in $OSWAP Vesting Vouchers
Dear Trolls,
OpenSwap, the world’s first DEX providing on-chain swaps at zero slippage, is elated to announce that we are joining Solv’s Seahorse Initiative on Binance Smart Chain to explore the potential of vouchers as financial NFTs. The OpenSwap team will be working closely with Solv in the development process, as such, we aim to bridge the gap between the DeFi space and the NFT universe. Exciting times ahead!
As most of our early supporters may already know, our end game is to revolutionize on-chain liquidity, offering our users frictionless interchain swaps. Following the recent release of OpenSwap’s Priority Queue and Range Queue, users can now freely swap against our liquidity queues on the OpenSwap DApp, ensuring their trades are fully protected against slippage, as well as mitigating impermanent loss.
The OpenSwap team will mint Vesting Vouchers on the Solv platform using lock-up assets. Vesting Vouchers are a new type of digital asset, and to ensure these vouchers are flexible for trading, they will be splittable and can be divided into multiple, independent, non-fungible derivative instances. Of course, should the assets get unlocked, they can be freely traded or transferred on the Solv platform as well as other NFT marketplaces such as OpenSea.
OpenSwap Vesting Vouchers
Our team envisions that these $OSWAP Vesting Vouchers can serve as a new form of community incentives that are unlike common airdrop campaigns, and we strongly believe that this initiative can help nurture a durable bond with our core supporters, and can introduce users to the latest innovation in NFTfi. By now, most OpenSwap supporters would already be familiar with how OSWAP rewards tokens are subjected to a vesting schedule of a minimum of 6 months, and Solv’s NFT certificates fit right into our rewards structure and help addresses this.
The two ongoing OpenSwap rewards programs: Liquidity Queue Providers Kickstart Program and Spot Priority Queue Trading Contest will be the maiden community campaigns where participants will be rewarded with these tradable $OSWAP Vesting Vouchers. We encourage all our community members to actively participate in these events!
About Solv Protocol
Solv Protocol is the decentralized platform for creating, managing and trading financial NFTs. As its first financial NFT product, Vesting Vouchers are fractionalized NFTs representing lock-up vesting tokens, thus releasing their liquidity and enabling financial scenarios such as fundraising, community-building, and token liquidity management for crypto projects.
Website: https://solv.finance
Twitter: https://twitter.com/SolvProtocol
Medium: https://medium.com/solv-blog
Telegram: https://t.me/SolvProtocol
Discord: discord.gg/ewpb9jqzyD
Learn More About OpenSwap
We encourage our supporters to partake in community discussions to help better shape OSWAP tokenomics and help us generate more ideas for future utilities. Users may express their ideas to our core team by joining the OpenSwap Official Community.
More information about OpenSwap will be shared with our community as the project develops. In the meanwhile, follow us on social media to receive the latest news and updates from OpenSwap.
Website: https://www.openswap.xyz/
Telegram: https://t.me/openswapdex
Twitter: https://twitter.com/openswapdex/
Medium: https://openswapdex.medium.com/
Discord: https://discord.com/invite/BcaC3fSGcB
CoinMarketCap: https://coinmarketcap.com/currencies/openswap/
CoinGecko: https://www.coingecko.com/en/coins/openswap
