Okexchain test network project overview

At the beginning of 2021, the launch phase of the first main network of OKExchain officially began, and OKT completed its launch. After that, OKExchain will complete the main network stability test, the transfer function and the smart contract virtual machine opening and other work.

Jay Hao, CEO of OKEx, said on his microblog that more than 30 test items have been run on the test network of OKExChain, covering various fields such as lending, stable currency, Swap, NFT, DEX, browser, wallet, derivatives and so on.

Rhythmic Blockbeats has sorted out the projects that have been deployed on the OKExcel Beta Network. Due to the fact that they are still on Beta Network, some of the projects have not fully opened up their functionality. However, most of the projects have been tested by OkExcel. Users can check out this tutorial calledHand in hand teaches you to pull wool from Okexchain early items"Get OKExchain faucet test coin for on-chain experience.

Borrowing and lending agreement

SupremeX

The SupremeX agreement (" Supremex ") was an algorithm-based money market system designed to take a completely decentralised finance-based lending system to Okexcel. Supremex protocol users can offer a variety of supported cryptocurrencies or digital assets on the platform that can be used as loans, collateral liquidity to supply and earn APY, or to create synthetic stablecoins.

Supremex protocol governance token: SXC token, with a total supply of 500 million.

Klend

KLEND is a decentralized lending agreement that currently provides lending services to USDC, DOTK (DOT), FILK(FIL) and OKT.

Wepiggy (piggy deposit)

Wepiggy is an open source, unmanaged crypto asset lending market protocol where users can deposit certain crypto assets and earn interest, or pay a certain interest to borrow certain crypto assets. In March, Wepiggy announced its arrival on OkExchain and started lending mining and liquidity mining on OkExchain.

Lemond

LeMond is a decentralized, open source, autonomous, unmanaged liquid market protocol that allows users to participate as depositors or borrowers. The agreement will lead to air drops in the future.

Fruition Finance

Fruition Finance is an open source decentralized protocol based on Ethereum. It supports ERC20 assets across chains in a cross-chain bridge, combining lossless liquid mining mechanisms with its own predictive data integration capabilities.

Users can borrow cryptocurrencies by locking assets in smart contracts to meet users' short-term financing needs while finding a way out for idle funds. It has three advantages: short time, liquidity and low risk. The market position of Fruition Finance is to provide a global lending platform for on-chain digital assets with Oracle capabilities.

DeFiner

Definer is a three-year-old unmanaged digital asset platform, a true peer-to-peer network that supports savings and lending functions through blockchain technology. Its biggest role is to provide liquidity and activate assets. Definer's money side focuses on serving users who have idle stablecoin crypto assets and are looking for steady returns, while the borrowing side focuses on serving companies and individuals in the crypto/blockchain industry with capital needs.

Definer completed the distribution of FIN tokens in October 2020. Through FIN tokens, the Definer Ecological Network transferred its profit distribution, lending mining and governance voting to all participants in the ecosystem, such as developers, operators, investors, users, etc., to win.

DEX

KSwap

KSWAP (KSWAP Finance) is a decentralized trading platform based on OkExchain, which supports liquidity mining and transaction mining mechanism, and is committed to providing users with token exchange, liquidity, transaction mining and other services in the OkExchain ecosystem. KSwap token: KST; Total number issued: 1 billion, of which 800 million will be used for mining incentives.

Goswap

The GOSWAP protocol is a decentralized transaction driven by the community and was previously created based on the HECO chain. Its governance token is GOV. GOSWAP, under the governance of DAO, users can pledge GOV to the contract and get GOV. The minimum pledge requirement of GOT is 10,000.

GeGeSwap

Gegeswap is a trading platform deployed on OKExchain that offers instant trading and very low transaction fees.

UDEFI

UChain is a decentralized blockchain chain that uses multiple layers of technology with a decentralized database. In this decentralized architecture, two token mechanisms are set up, namely UGG and UDC. UGG is a decentralized trading platform token. The UDC(Common Decentralized Currency) is used to pay for transaction costs and computing services. Users can send UDCs to other users, and developers can write smart contracts that receive, hold, and send UDCs.

Dex +Farm and derivatives

King KongSwap

King KongSwap is a decentralized trading platform based on the automated market maker (AMM) mechanism, dedicated to providing diversified asset exchange, liquidity mining and other services for the Okexchain ecosystem. King KongSwap was initiated by the Nax. ONE technology community and incubated by Nebula Labs. Support OKT, OKB, KKT, NAS and other multi-asset exchange and liquidity mining.

King Kong Swap token: KKT; Total Issue: 100 million.

PandaSwap

Pandaswap is also a decentralized trading platform based on the Automated Market Maker (AMM) mechanism that runs on the OKEx chain. At the same time, Pandaswap offers liquidity mining activities where users can earn their PND tokens through liquidity mining, earn PND through investments, and even earn more tokens through liquidity pools.

Pandaswap Token: PND, total 100 million. Pandaswap has not yet announced the address of the token contract, but will do so after the development of the Okexchain mainnet is ready.

UKSwap

UKSWAP is a decentralized trading product based on the OkExchain ecosystem for automated market making while providing liquidity mining.

CherrySwap

Cherryswap is based on Okexchian's automatic market making protocol, which will provide sustainable liquidity support to OKEx public chain to help users maximize the value dividend. Cherryswap started test mining on March 9, and participants will have the chance to win a token airdrop. Previously, Cherryswap had completed a $3 million strategic financing round.

Cherryswap token: CHE, total 1 billion.

KiSwap

Kiswap is the first Dex application on Okexchian and basically follows the mechanics of Uniswap in AMM mode and fluid mining, but it relies on a different underlying chain. Platform token: KIS.

NFT

Hero.com

Hero.com is the NFT platform on OKExchain, but it's not available yet.

Predicting machine

ADAMoracle

AdamOracle is the first decentralized prophet network on OKExcel. Provide secure and reliable on-chain price data for the DEFI protocol and become the data entry point for the blockchain world. One of the core partners and investment institutions of adamOracle is the storage public chain Yottachain, which has 21 master nodes, 105 super nodes, and 1000 ecological nodes. This will provide complete node infrastructure for adamOracle. Once the project goes online, it will have a complete infrastructure architecture, which can provide stable and continuous services for developers.

The game

Roimi (Chinese name: glutinous rice)

Roimi focuses on the development and operators of blockchain games, especially NFT games, with partners such as SFR (Vodafone), Orange France Telecom, Facebook and Google Play. At present, the project has also started mining activities. Users who participate in OKExchain test network activities can complete the mining process in the process of testing the project. The test will be successful if the wallet passes mining Claim to KKT, and the wallet address will be entered into the white list of activities.

Trading derivatives

Hypro.finance

Hypro. Finance is a universal solution that will allow anyone to invest any amount of money at any time, while providing high liquidity, low fees and fast transaction speeds. The algorithmic team at Hypro. Finance also provides an index portfolio for investing in digital assets and manages management strategies.

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