Ocean Base: Collaborating with Solana to Build a Decentralized Order Book Trading Platform, Reshaping the Web3.0 Financial Ecosystem
Introduction: Ocean Base Exchange, jointly launched by Singapore-based crypto fund QCP Capital and US-based blockchain investment fund Tally Capital, aims to define a new trading experience for the Web3.0 era.
Amid the rapid development of digital currencies and blockchain technology, Ocean Base Exchange officially announces its successful deployment on the Solana public blockchain. Jointly invested and developed by QCP Capital from Singapore and Tally Capital from the US, Ocean Base aims to provide users with a next-generation decentralized order book trading platform by integrating innovative technologies.
The establishment of Ocean Base is based on the continuous pursuit and improvement of existing trading technologies. By leveraging Solana's high throughput and low latency characteristics, Ocean Base achieves the capability of processing hundreds of thousands of transactions per second, surpassing the performance of most exchanges currently in the market.
"Our goal is to create a platform that meets the needs of both professional traders and novice users," said the CEO of Ocean Base. "We chose Solana public blockchain because of its extreme performance and powerful scalability, allowing us to maintain high-speed transactions while significantly reducing user transaction costs."
In addition to its technical advantages, Ocean Base also introduces a unique trading reward system to incentivize its platform users. This includes offering up to 30% of trading fee rebates to trading users and an additional 10% bonus for inviting new users. Furthermore, node operators can enjoy rewards of up to 30%, aiming to encourage more users to participate in the construction of the Ocean Base ecosystem.
In terms of token economics, the native token SEA issued by Ocean Base aims to support the operation and ecological rewards of the entire platform. The total supply of SEA tokens is one billion, with 20% distributed to users through donation sharing, 20% allocated to liquidity pools to ensure smooth trading, 10% allocated to technical and operational support, and the remaining 50% for internal ecosystem incentives.
Ocean Base is not just a trading platform; it also aims to serve as a bridge connecting traditional finance and blockchain technology. By integrating mainstream cryptocurrencies such as Bitcoin and their ecosystems, Ocean Base can attract a wider range of users, including participants from traditional financial markets.
With the arrival of the Web3.0 era, Ocean Base plans to launch more blockchain-based financial products in the coming months, including but not limited to decentralized finance (DeFi) services and non-fungible token (NFT) trading. These new products will further expand its service scope to meet the growing market demands.
"The establishment of Ocean Base signifies our long-term investment and commitment to the future financial market," said a spokesperson from QCP Capital. "We believe that through continuous innovation and improvement, Ocean Base will become a leading decentralized financial platform, leading the industry to higher levels of development."
With Ocean Base in full operation, cryptocurrency users worldwide can now register and start trading, experiencing all the advantages of this new era trading platform!