The Octopus Protocol launch on multiple platforms has exceeded our expectations. Starting with the OPS token sale on the Prostarter platform to the IDO launch on Bounce Finance, where all the tokens were sold out within an hour. There are two more IDOs scheduled for OPS tokens on Ignition by PAID Network and Trustpad.
In this article, we recap how the token launch day played out on the Bounce Finance platform and further details on the ‘Token Generation Event (TGE)’ as well as ‘Listing Announcement.’
Pre-Launch of Octopus Protocol IDO
We released the token contract address and ticker symbol for the Bounce pool prior to 30 minutes of the IDO. Before the commencement of the sale, we sent emails to whitelisted participants with pool details on their email addresses.
Bounce IDO of Octopus Protocol
Upon the launch of IDO and opening of the Bounce pool for the wOPS ticker, the pool was sold out within an hour. While we anticipated a high level of interest, we were thoroughly surprised by the response we received.
We would again like to thank the Octopodes community and everyone who showed interest in the sale. We truly appreciate your support and participation.
Token Generation Event (TGE)
The TGE event for OPS tokens is scheduled for Tuesday 15th June 2021.
On TGE, the wOPS tokens can be swapped for OPS tokens on the Token Generation Event (TGE). The price ratio for OPS and wOPS tokens is 1:1. In other words, winners will receive the same amount of OPS tokens as wOPS on TGE.
Please refer to this article for more details on swapping wOPS with OPS.
Listing on Pancake Swap
We are excited to announce that we will be listing on the Pancake Swap with the ticker symbol $OPS on Tuesday, 15th June 2021.
Octopodes, we are proud to have such amazing participation and we look forward to welcoming you in the Octopus Protocol ecosystem.
About Octopus Protocol
Octopus Protocol, a robust DeFi protocol built on the Binance Smart Chain (BSC), allows issuance, trade, and management of decentralized derivative assets. Leveraging the technological innovation of blockchain, Octopus Protocol facilitates a platform that offers unparalleled access and exposure to real-world assets, thereby enabling a fair way to engage with synthetic assets and giving equal opportunities to access derivatives.
In the upcoming days, we have many more updates and exciting news for you. So make sure to -