Each week we will recap the latest news and provide an update for the community.
This week we review:
⋄ Project Development Update
⋄ Harmony Grant Update
⋄ New YouTube Channel
⋄ Latest OpenSwap University video on setting up Harmony on MetaMask and transferring tokens from a centralized exchange
⋄ LunarCrush lists OpenSwap
⋄ Official documents now available in Spanish
Project Development Update:
DAO works continues
⋄ The UI/UX designs are being finalized.
Validator V4 updates:
⋄ Smart contracts are being finalized to add additional functionality to the validators.
⋄ QA and testing for the V4 updates.
Harmony Grant Update
OpenSwap had a meeting with Harmony this week to discuss our grant proposal for creating a smart DAO system and launchpad. Here is the response from Harmony after the meeting, per frwrdslosh, “We are working on setting up a framework for DAO tooling grants. And I will be working closely with OpenSwap to restructure their DAO proposal to meet certain bootstrap funding criteria.”
New YouTube Channel
Visit our new YouTube channel at https://www.youtube.com/c/OpenSwap. Find OpenSwap University tutorial videos introducing you to DeFi, Harmony and crypto. We have much more planned for our YouTube channel in the near future.
Please visit and subscribe.
Newest OpenSwap University video
The latest OpenSwap University video tutorial sets up MetaMask for use on Harmony and transfers $ONE tokens from Kucoin.
This video also covers switching between your ETH and ONE address, which can be tricky for new comers.
LunarCrush lists OpenSwap
OpenSwap ($OpenX) is now available on LunarCrush.
https://lunarcrush.com/coins/openx/openswap-token
LunarCrush collects activity across social media for altcoins, crypto exchanges, influencers and more, and distills it all into bitesize, digestible data.
Official documents now available in Spanish
OpenSwap continues to span the globe with our multilingual official docs. A Spanish translation has just been added.
The docs are now available in: English, French, Russian, and Spanish.
Top Farms based on APR% on 1/29/2022
⋄ 69% OpenX / ONE
⋄ 68% OpenX / MATIC
⋄ 67% OpenX / BNB
⋄ 63% OpenX / ADA
⋄ 62% ONE / SUSHI
⋄ 59% OpenX / BUSD
OpenX token burn update on 1/29/2022
Total burned since inception:
⋄ 1,468,821 OpenX burned (↑ 41,144 last 7 days)
⋄ $107,723 burned @ market price
OpenSwap (app.openswap.one) is a fast and secure non-custodial decentralized exchange that serves as a one-stop-shop to buy, trade, and earn crypto whether you’re from the Harmony, Ethereum, or Binance Smart Chain networks. OpenSwap allows Harmony users to seamlessly trade peer to peer without the tokens ever leaving the original wallet and through liquidity supplied by other users of the platform. With OpenSwap, users can:
- Exchange Tokens/Coins
- Provide Liquidity to Pools
- Earn Rewards by Staking in Lucrative Incentivized Liquidity Pools
- View ‘Personal Farming Profile’ detailing your rewards including Total Stake Value, Average APR %, Total Current Rewards, and Total Current Rewards in USD
- Simplified Bridge for Tokens/Coins to and from the Harmony, Ethereum, and Binance Smart Chain Network
- Collect Fees on Provided Liquidity Without Staking
- Vote on Governance Decisions, Including Adding New Tokens
Twitter: https://twitter.com/OpenSwap_one
Telegram: https://t.me/OpenSwap_Harmony
Discord: https://discord.com/invite/Hau5FFPxzS
Reddit: https://www.reddit.com/r/OpenSwap_Harmony/
YouTube: https://www.youtube.com/c/OpenSwap
