DeFi/a> markets for its liquidity while providing cross-chain swap functionality<\/strong>. The native token of the protocol is OOE. If you want to see the current OOE price, check out the OpenOcean price chart above.<\/p>\r\n<p><strong>A cross-chain swap<\/strong> enables the trading of tokens between different blockchains without using intermediaries. As part of the network's vision, a full cryptocurrency aggregator is being developed that facilitates trading to enhance capital efficiency. In order to make OpenOcean's vision a reality, a <strong>routing algorithm<\/strong> is employed to determine optimum prices between DEXs and CEXs.<\/p>\r\n<p>Additionally, OpenOcean offers users <strong>API and arbitrage tools<\/strong> that allow them to conduct deals automatically.<\/p>\r\n<h2>Use Cases of OOE Tokens<\/h2>\r\n<p>The OOE tokens have many use cases. Firstly, they can be used to <strong>cover gas and trading fees.<\/strong><\/p>\r\n<p>Secondly, OpenOcean coins can also be used as <strong><a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//learn//crypto-terms//what-is-collateral/">collateral/a> when lending tokens<\/strong>.<\/p>\r\n<p>Moreover, OOE tokens are used to <strong>incentivize network users<\/strong>. This includes liquidity provision and trading rewards.<\/p>\r\n<p>In addition to that, OOE also acts as <strong>governance tokens<\/strong>. This means that token holders can vote on various proposals or list these proposals themselves. This includes deciding on the development of new trading pairs and aggregations, protocol enhancements, ecosystem initiatives, new features, and so on. The voting power is proportional to the number of tokens users hold.<\/p>\r\n<p><em>Planning to buy OpenOcean crypto assets? Make sure to check the aforementioned OOE price chart before doing that. It will help you to determine the main trends in the OpenOcean price changes.<\/em><\/p>\r\n<h2>Tokenomics of OOE<\/h2>\r\n<p>The max supply of OOE is 1 billion tokens. The distribution plan is as follows:<\/p>\r\n<ul>\r\n<li>2% to airdrops;<\/li>\r\n<li>34% to liquidity mining;<\/li>\r\n<li>29% to protocol development;<\/li>\r\n<li>7% to the ecosystem foundation;<\/li>\r\n<li>10% to investors;<\/li>\r\n<li>18% to team and advisors.<\/li>\r\n<\/ul>","url":"https:\/\/www.bitdegree.org\/cryptocurrency-prices\/openocean-ooe-price","crypto_currency_info":{"id":873,"crypto_currency_id":637,"description":"OpenOcean (OOE) is a cryptocurrency launched in 2019and operates on the Ethereum platform. OpenOcean has a current supply of 1,000,000,000 with 149,895,377 in circulation. The last known price of OpenOcean is 0.13992479 USD and is up 15.98 over the last 24 hours. It is currently trading on 45 active market(s) with $6,635,916.35 traded over the last 24 hours. 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