O3 Swap is Coming

in blockchain •  4 years ago 

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Today we are thrilled to release the official website of O3 Swap, a proprietary cross-chain aggregation protocol for everyone. O3 Swap aggregates the liquidity source across leading DEXs from mainstream blockchains such as Ethereum, BSC, Neo, HECO, and Layer2 network, and implements cross-chain protocols that allow DeFi users to freely exchange cross-chain assets with one click within their own wallet.

The Characteristics of O3 Swap

In light of the advanced development of decentralized financial protocols and the increasingly mature markets for lending, exchange, derivatives, etc., The O3 Swap protocol in cooperation with its associated decentralized wallet software, provides a one-stop aggregation & exchange platform that offers developers and users access to an open, distributed, limitless, and secure trading environment.

1. Trade simply and securely on one platform:
With a user-friendly interface, we combine decentralized finance services within our non-custodial wallet, allowing every trader to simply exchange assets with no amount limits and no account required.

2. Offer the best price:
In order to provide more efficient and simple trading, we compare different exchanges on the leading chains to find the most cost-effective rates. Users can exchange assets at the lowest rate and via the most efficient trading route.

3. Reduce your cost and save your time:
By sourcing the best trading rates and routes, O3 Swap helps users to reduce transaction costs for each trade on different DEXs and save their time spent on price hunting.

4. Implement a cross-chain exchange:
We implement proven and possible cross-chain solutions onto the market with our aggregation protocol. With this, we can achieve cross-chain transactions where users are able to freely exchange multi-chain assets with one-click.

5. Issue token incentives:
To promote a high level of activity for our network ecology, O3 Swap plans to issue a governance token in near future. It is an important mediator to promote the development of the O3 Swap network. Based on the economic model of O3 Swap, all participants and developers are encouraged to invest in the maintenance of the overall ecological network through the community governance of tokens.

Product Roadmap

2021 Q1

  • Launch the official website.
  • Release the Neo swap module.
  • Publish O3 Swap Litepaper.

2021 Q2-Q3

  • Launch the bridge module. Provide cross-chain service.
  • Support ETH, BSC swap.
  • Release O3 Swap token and economic model.
  • Launch trade mining and other community incentives.

2021 Q4

  • Launch DAO.
  • Complete Layer 2 development and deployment.

2022

  • Release V2. Support instant quote and pending order.
  • Launch cross-chain 2.0.
  • Release O3 network.

Finally, I’d like to give a huge thank you to the team for all the incredible work! Don’t hesitate to reach out to us on Twitter, Telegram, and Reddit. If you have any questions and feedback. We’d love to hear your ideas for how we can make O3 Swap better.

See you soon on the next update!

Kindly,

O3 Labs Team

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About Us

O3 Labs was established in Tokyo in 2017 and is one of the early crypto wallet development teams in the world. At present, our team members are from nearly every continent. O3 Wallet, the brand under O3 Labs, is committed to providing professional digital asset management tools and services for our community of 100,000+ users. Currently, we have supported Bitcoin, Ethereum, Neo, Ontology, Polkadot, and HECO.

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