[OpenOcean] Grant Bi-Weekly Update
Date: [08/22/2024]
I. Executive Summary:
We have achieved Milestone 1 by becoming the only DEX aggregator to integrate GMX V2 pools and successfully completing the audit. Furthermore, we have introduced the GMX API, facilitating seamless connectivity between V1 & V2 pools for our partners. Docs for the API can be accessed here. To progress to Milestone 2, we are initiating a trading campaign across our platform and Galxe to enhance visibility and engage more traders. The Dune dashboard support is expected to be operational next week.
II. Current Progress:
- We have launched an ongoing campaign for trading routed to GMX V2 pools exclusively
- Pitching Web3 projects to utilize exclusive GMX API to leverage both GMX V1 and V2 liquidities. Multiple interested parties and ongoing investigations by external potential clients into the GMX API
III. Community Engagement:
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Promotion on our social channels to share the knowledge of GMX V2
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launch a GMX trading campaign in mid August
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Dedicated GMX marketing including other social verticals
IV. Partnerships and Collaborations:
We are working to pitch the API for those building on the GMX to access GMX V1 and V2 liquidity pools. So far a handful of clients/partners and institutional platforms have all been offered access to the GMX V2 API. We will continue to advertise the GMX V2 connector in the wider market and across multiple social verticals.