Octopus Protocol Weekly Report #1

Octopus Protocol
2 min readMay 17, 2021

Hello Octopodes,
Welcome to our first official Octopus Protocol weekly report. We intend to keep you informed about the latest updates, announcements, new document releases, ongoing events, and upcoming news of Octopus Protocol with our weekly report series.

It has been a busy few weeks at Octopus, with the team driving their efforts towards several activities, including community management, delivering new articles and official documents, preparing events, and developmental progress on Octopus Protocol.

In the last week, several updates and official documents have been released.

  • The Pitch Deck is live on our website. The document provides fresh insights on all important details of Octopus, including its mission, industry problem, the solutions that Octopus Protocol offers, the eight pillars of Octopus, and more.
  • Our official Litepaper document has been released. The compiled document offers insights on the Octopus Protocol ecosystem, its products, tokenomics, use-case, team, and more.
  • Our Round 1 and 2 of Octopus Protocol are closed, and we received a spectacular response from more than 75K participants.
  • We released a new article on ‘The Fundamentals of Decentralized Derivatives,’ taking a deep dive into how DeFi has the potential to disrupt the $1200 trillion derivatives industry.

General Updates

  • Our Twitter channel has crossed 40K, Discord has surpassed 48K, and these channels continue to grow.

As we continue to grow, scammers will be looking at ways to make money from our community. Please stay vigilant, block scammers, and report them immediately to admin.

  • Octopus admin will never PM you first.
  • Never give your private keys to anyone, or send crypto to addresses that they offer, or click on any links that they provide.
  • All official accounts are listed at the bottom of this article.

Looking Forward

  • This week, we have new Medium article releases offering more insights on the industry and different aspects of Octopus Protocol.
  • We have an ongoing Discord Invite Contest Challenge rewarding with a guaranteed allocation for $OPS token sale.
  • Our Round 3 of Octopus Protocol Airdrop will be announced soon.
  • We have an upcoming Meme contest. More details to be provided soon.

To stay informed, please follow our official channels

Telegram official: https://t.me/OctopusAnnouncements
Telegram announcements: https://t.me/OctopusProtocol
Twitter: https://twitter.com/octopusprotocol
Discord: https://discord.com/invite/qGd9GGaYY5
Website: https://octopus.exchange



Octopus Protocol

Octopus Protocol, a robust DeFi protocol built on the BSC, allows issuance, trade, and management of decentralized derivative assets. https://octopus.exchange