Zircuit Welcomes Ocelex: The Latest MetaDEX Driving DeFi Progress on Zircuit

0
28
Zircuit Welcomes Ocelex: The Latest MetaDEX Driving DeFi Progress on Zircuit

Zurich, Switzerland, December sixth, 2024, Chainwire Ocelex is positioned to […]

Zurich, Switzerland, December sixth, 2024, Chainwire

Ocelex is positioned to launch as a MetaDEX and liquidity layer on Zircuit, a zkEVM-based Layer 2 ecosystem designed for scalability and safety. With its give attention to capital-efficient innovation, community-driven participation, and 100% income sharing amongst token holders, Ocelex goals to create a clear and inclusive DeFi atmosphere.

Zircuit’s infrastructure, which incorporates AI-driven sequencer safety, gives a robust basis for decentralized purposes. Current developments, such because the token era occasion (TGE) of the $ZRC token, have elevated consideration on the ecosystem. Ocelex’s launch will leverage this momentum to determine itself as Zircuit’s major decentralized trade, prioritizing liquidity, accessibility, and progress inside the DeFi sector.

Ocelex because the First Lynex Enlargement

As the primary franchise enlargement of Lynex—the main liquidity protocol on Linea—Ocelex builds on a confirmed basis. Lynex has achieved over $3.5 billion in buying and selling quantity and distributed $7.5 million in income to token holders, positioning it as one of many top-performing ve(3,3) DEXs. Ocelex continues this legacy by introducing Automated Liquidity Administration (ALM) aggregation, a characteristic designed to simplify liquidity administration by way of automated methods. This strategy reduces dangers like impermanent loss whereas making certain constant yield for liquidity suppliers (LPs).

Strategic Partnerships and Pre-Launch Momentum

Even earlier than its official launch, Ocelex has established key partnerships and secured vital Complete Worth Locked (TVL). These partnerships embrace:

  • EtherFi, Kelp, and Renzo for LRTs (liquidity restaking tokens).
  • Lido and StakeStone for LSTs (liquid staking tokens).
  • StakeStone and Elara, two main cash market protocols to make sure seamless, built-in liquidity flows for customers.

Ocelex’s robust pre-launch efficiency underscores its potential to play a key function in Zircuit’s ecosystem progress. With a current TVL of $4.6M and whole buying and selling quantity of $13.3M, Ocelex has already secured a stable foothold within the DEX class.

A Group-First Strategy

Ocelex follows Lynex’s community-centric technique with an airdrop that prioritizes long-term alignment. 45% of Ocelex’s preliminary provide will probably be airdropped to Lynex veLYNX holders who’ve locked tokens for one yr or extra. This strategy rewards loyal members whereas fostering ecosystem stability. Locking veLYNX has traditionally offered among the most consistent yields amongst ve(3,3) protocols, a pattern Ocelex goals to duplicate.

The Upcoming Public Sale

The Ocelex public sale begins on December ninth at 10:00 UTC and can run for 60 hours in a Dutch public sale format. The public sale ensures truthful market pricing, beginning at $0.30 and lowering to $0.06.

Key Sale Particulars:

  • Tokens for Sale: 2,000,000 $OCX (2% of preliminary provide).
  • Minimal Worth: $0.06 | Beginning Worth: $0.30.

Following the sale, the Token Technology Occasion (TGE) will start, marking the beginning of liquidity mining and distributing tokens to pre-miners and airdrop recipients.

For a complete overview of the general public sale, check with this article or watch the accompanying short video.

Ocelex Public Sale Projections

Ocelex’s Dutch public sale public sale lets the market determine its valuation and launch worth, beginning at $0.30 and lowering linearly to $0.06.

Group airdrop recipients, who will obtain 50% of the preliminary provide as governance tokens, additionally stand to learn from greater sale costs. With curiosity in Ocelex as the subsequent massive ve(3,3) DEX on Zircuit, the public sale is predicted to be extremely aggressive, following within the footsteps of Lynex, Aerodrome, and Thena.

Ocelex’s Progress Potential

Ocelex has the potential to safe substantial TVL on Zircuit, a community with over $2.5B in whole worth locked (TVL). This potential is modeled on the success of different ve(3,3) protocols:

  • Aerodrome: Secured 41.56% of Base’s $3.85B TVL ($1.6B), with an FDV of $2.5B. Ocelex might obtain $1.039B TVL with an analogous share.
  • Lynex: Instructions 4.7% of Linea’s $494M TVL ($23.2M) with an FDV of $29M. Ocelex might safe $117.5M TVL with comparable efficiency.
  • Thena: Captures 1.47% of BNB Chain’s $5.8B TVL ($85M) with an FDV of $565M. Ocelex might obtain $36.75M TVL with this share.

Ocelex Key Metrics:

  • Dominant Case: $1.039B TVL (41.56%).
  • Average Case: $117.5M TVL (4.7%).
  • Conservative Case: $36.75M TVL (1.47%).

With an FDV vary of $6M to $30M, Ocelex presents an undervalued alternative for early members, notably when in comparison with Aerodrome’s $2.5B FDV or Thena’s $565M.

The Way forward for DeFi with Ocelex and Zircuit

Ocelex combines Lynex’s profitable mannequin with Zircuit’s technical infrastructure, aiming to function a cornerstone for DeFi exercise. With robust pre-launch momentum, strategic partnerships, and a give attention to neighborhood alignment, Ocelex is positioned to ship worth and scalability for customers and the broader DeFi ecosystem.

About Ocelex

Ocelex is the primary enlargement of the Lynex model, launching as a franchise on Zircuit, an rising Layer 2. Ocelex democratizes subtle liquidity methods, seamlessly connecting on a regular basis merchants with expert-level capabilities. It incorporates a aggressive ecosystem of Automated Liquidity Managers (ALMs) and strategists, all striving to optimize returns, reduce dangers like impermanent loss, and enhance total effectivity for each person.

Customers can study extra about Ocelex by way of the next hyperlinks

Web site: www.ocelex.fi/
DApp: app.ocelex.fi/
X: x.com/OcelexFi
Discord: discord.com/invite/rTkZNbNggh

Contact

Zarolo Vesper
Ocelex
[email protected]

Press Launch Press Launch Read More