Community Update for the week of Feb 19th, 2022
Each week we will recap the latest news and provide an update for the community.
This week we review:
⋄ Project Development Update
⋄ Site Logic updates improve UX and site speeds
⋄ MetaMask delegating now available on OpenSwap
⋄ Latest YouTube videos
⋄ Top Farm APRs
⋄ OpenX Burn Report
Project Development Update:
DAO updates:
⋄ We are currently working on UI specs for development
Site logic improvements:
⋄ Completed and released. More details below
MetaMask integration:
⋄ Completed and released. More details below
Wallet Portfolio:
⋄ Development, UI, and testing
Site Logic updates improve UX and site speeds
The updated site logic just went live. Doesn’t sound too exciting until you try OpenSwap now.
Everything loads lightning fast. Try out the farm page.
Some of the additional user interface changes include:
⋄ Added $ONE price in the top menu
⋄ Reorganized personal farming area
⋄ Added calculated APY% to delegator
⋄ The site refreshes on completion of transactions
⋄ Mobile platform user interface updates
⋄ A multitude of other small adjustments
MetaMask delegating now available on OpenSwap
Delegating with MetaMask is now available directly through OpenSwap.
Delegate $ONE to our validator and setup auto-compounding rewards directly through the OpenSwap farm.
https://app.openswap.one/farm
STEP 1: Go to Openswap.one
STEP 2: Click on ‘Farm’ in the menu
STEP 3: Click ‘Details’ on the validator
STEP 4: Enter in the amount of $ONE to stake in the ‘Stake Amount’ area
STEP 5: Click ‘Stake’
STEP 6: A popup will appear from the Harmony Browser Wallet. Enter any security information required. Click ‘Approve’
STEP 7: Click ‘Confirm and Sign’
You have now staked your Harmony $ONE and are earning rewards.
Latest YouTube videos
Guide to Farming Crypto
This video opens up the door for you to discover decentralized finance (DeFi), Harmony, and OpenSwap. It provides a tutorial on farming crypto on OpenSwap covering swapping tokens, creating a liquidity pool (LP), and staking it to earn rewards ($OpenX).
Alex Talks Importance of Community and Security
In a recent interview, Alex discussed the importance of community and security to OpenSwap. Few projects hold security and community in higher regard than OpenSwap.
Thank OpenSwap YouTube Family
This is a tribute to all those who have supported us on the Tube! We are here, we are building. Thank you for your support!
Top Farms based on APR% on 2/19/2022
⋄ 67% OpenX / MATIC
⋄ 66% OpenX / ONE
⋄ 63% OpenX / BNB
⋄ 60% OpenX / ADA
⋄ 58% OpenX / BUSD
OpenX token burn update on 2/19/2022
Total burned since inception:
⋄ 1,494,650 OpenX burned (↑ 6,244 last 7 days)
⋄ $78,917 burned @ market price
OpenSwap (app.openswap.one) is a fast and secure non-custodial decentralized exchange that serves as a one-stop-shop to buy, trade, and earn crypto whether you’re from the Harmony, Ethereum, or Binance Smart Chain networks. OpenSwap allows Harmony users to seamlessly trade peer to peer without the tokens ever leaving the original wallet and through liquidity supplied by other users of the platform. With OpenSwap, users can:
- Exchange Tokens/Coins
- Provide Liquidity to Pools
- Earn Rewards by Staking in Lucrative Incentivized Liquidity Pools
- View ‘Personal Farming Profile’ detailing your rewards including Total Stake Value, Average APR %, Total Current Rewards, and Total Current Rewards in USD
- Simplified Bridge for Tokens/Coins to and from the Harmony, Ethereum, and Binance Smart Chain Network
- Collect Fees on Provided Liquidity Without Staking
- Vote on Governance Decisions, Including Adding New Tokens
Twitter: https://twitter.com/OpenSwap_one
Telegram: https://t.me/OpenSwap_Harmony
Discord: https://discord.com/invite/Hau5FFPxzS
Reddit: https://www.reddit.com/r/OpenSwap_Harmony/
YouTube: https://www.youtube.com/c/OpenSwap
