OPENOCEAN ONBOARDS CLOVER FINANCE FOR MORE DEFI REWARDS

Deborah Crystal
2 min readFeb 19, 2022

Hello fans and friends of OpenOcean!

Today is an exciting day and I have great news for you. OpenOcean has set another milestone, and has opened a new horizon to increase earnings for its members on Clover Finance.

What is Clover Finance

Clover is a one-stop cross-chain DeFi bridge that provides a seamless gateway to DeFi for everyone including individuals new to the concept of DeFi.

Clover is a foundational layer that enables gasless user interactions, simplifies user experience for non-crypto users, reduce the development threshold for upper-layer applications and provides a wide range of developer tools from identity-based scripting capabilities to built-in cross-chain interoperability.

Its major object is to become a one-stop infrastructure platform for cross-chain and decentralized applications.

Clover Finance Products & Services

  • Clover Chain — Clover Chain is a Substrate-based specialized Layer 1 chain that is EVM compatible and cross-chain interoperable. It has an infrastructure made ready for scaling dApp in the multi-chain universe. As an EVM (Ethereum Virtual Machine), it supports and executes contracts originally designed to run on the Ethereum mainnet.
  • Clover Wallet — Clover Wallet which is the bridging product between Clover Finance and OpenOcean is a non-custodial, multi-chain, multi-platform application which helps users to manage crypto assets and interact with various decentralized applications. With its easy-to-use interface, Clover Wallet simplifies exchange procedures between chains and is available on mobile (Android/iOS), desktop (Chrome Extension) and universally on Web.

Partnership Details

The outcome of the partnership with clover finance has created a platform for OpenOcean users to smoothly swap between various blockchains. This is possible via the use of the Clover Wallet which grants its users access to multiple chains an assets thus getting good trading rates.

Features of Clover Wallet

  • Supports multiple chain operations in one wallet.
  • Interoperable and cross-chain compatible
  • Support Substrate-based-blockchains, such as Polkadot etc
  • Support EVM compatible chains, such as Ethereum, Binance Smart Chain, Fantom, Matic etc.
  • Easy management and an easy-to-use interface switching between multiple wallets.
  • Support NFT assets on numerous chains etc.
  • Interact with dApps on all supported chains

In Conclusion,

OpenOcean is the world’s first full aggregation protocol for crypto trading that sources liquidity from DeFi and CeFi markets and enables cross-chain swaps.

Its service is full aggregation because it searches DeFi and CeFi markets to find and optimize the best trading options for all types of crypto assets across various public blockchains.

FOR MORE INFORMATION VISIT

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