OFZ global Beta is launching on 6th Aug 2021.
Decentralized cross-chain exchange is undoubtedly a significant milestone in the development of decentralization which brings great convenience to users.
Participate in the Global Beta now and share token rewards worth $50000. Get extra $10 -1000 by just helping finding the bugs during the beta!
The specific beta process is as follows:
(the more times you beta, the more rewards you will get)
▶️️Configure the network
How to install the MetaMask wallet in the browser and configure the test network.
1.Download MetaMask at website: https://metamask.io/ .
2.Configure test network for Ethereum, BSC and Heco.
Let’s take configuring a BSC test network as an example.
Click MetaMask from the browser extention, select “Settings”, “Networks” and “Add Networks” sequencely, then set it according to the following parameters followed by clicking “Save”.
Parameters:
1. The test network for Ethereum is “Rinkeby” which is built in the MetaMask wallet. You don’t need to configure it yourself.
2. Parameters for BSC test network configuration:
Network name: BSC Test Network.
RPC URL: https://data-seed-prebsc-1-s2.binance.org:8545/.
Chain ID: 97.
Symbol: BNB.
3. Parameters for Heco test network configuration:
Network name: Heco Test Network.
RPC URL: https://http-testnet.hecochain.com.
Chain ID: 256.
Symbol: HT.
URL to receive test crypto assets: https://ofz.finance/#/home/waterTap
Contract address for test crypto assets:
Rinkeby(ETH):
USDT:0x5550508AB9AAc747D4E8E558718606766E36D002
WBTC:0x8d28e3285dB566251aB1528677361e66E17D26c2
Binance smart chain(BSC):
USDT:0xA4bFf8aD707de6a458539d02B0D984d639455364
BTCB:0x20972B0e8e90046B74f5867F3FCbF0703aCb52eD
ETH:0x47b44826616F69fC158a2B0Fc7fB96bEBbbD4619
HuobiECO Chain(HECO):
DAI:0x9F3DE571a88c62783f9Ef56d725c861f8cB8b90A
USDC:0x3cde064E31C9DC40640A34FbA52CbDd415214bc9
USDT:0x214E59Bee4e71c6a096CD1cd6604eE2F315902F6
HUSD:0xbb838718E4e3453a77CBfb943723FDEF9c3b729c
HBTC:0x5f3C75eeF90c5D5722136800096ef7E7f8CAeDdC
ETH:0xAE6c9bf47BBE9A2b7443B6CBfbAB4a37BE7bC7f8
▶️Cross-chain tutorial
1. Enter the swap interface by clicking “swap” on the official website: ofz.finance.
2. Connect the wallet.
Click “Connect” in the upper right corner of the menu bar, select the corresponding chain to connect, and click “Confirm” in the wallet.
The following shows the status of the successful connection of the three chains.
3. Swap.
First, manually adjust the network to the initial network in the “MetaMask” wallet.
Secondly, Select the initial chain and target chain, as well as the tokens that need to be swapped from and to, followed by entering the quantity to be swapped either from or to.
Finally, Click “Initiate Transaction” and confirm it in your wallet before the transaction completes.
The following is a demo of converting USDT (ETH) into USDT (BSC):
▶️Liquidity mining tutorial
1.Enter liquidity mining interface by clicking “Vault” on the official website: ofz.finance. Select the liquidity pool you want to provide liquidity from “Cross Chain Pool” or “Single Chain Pool”.
2. Take Cross-chain USD Pool as an example: select the corresponding network in “add liquidity”, and adjust the network in the MetaMask wallet to the corresponding chain network.
3. Enter the number of assets you want to pledge, click “Initiate Transaction”, followed by clicking “Confirm” in your wallet before the transaction completes. By then you will get your LP token.
4. Click the “+” button and enter the number of LP Token that needs to be pledged, click “One-Key Stake”, and confirm in the wallet.
5. Click the “-” button to redeem LP Token if you need to extract liquidity, and click “extract liquidity”, select the chain you want to extract, enter the number of cryptocurrencies, click “Initiate transaction”, and click “Confirm” in your wallet.
6. Click the “withdraw” button on the right to receive the liquidity mining rewards.
About OFZ:
OFZ is a decentralized cross-chain exchange that enables stable coins and other anchor crypto assets, like ETH, BTC etc. to be swapped among multi-chains.
OFZ aims to solve the problem that assets among different public chains are isolated and cannot circulate permissionlessly across.
In term of cross-chain transaction, comparing with other DEXes in the market, OFZ charges are lower, the experience is better, and the asset exchange itself is more secure.
Note: OFZ is currently in public beta.
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📍 Website: https://ofz.finance (beta link)
🕊️ Twitter: https://twitter.com/ofz_com
📰 Telegram: https://t.me/OFZ_Chat
👥 Discord: https://discord.com/invite/p4E7sWGvmT
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