OPENOCEAN PARTNERS WITH ARBITRUM

But first, what is OpenOcean ?

What is Arbitrum?

BENEFITS OF THE PARTNERSHIP

  1. OpenOcean aggregates Arbitrum to offer users maximum returns on multiple Ethereum layer 2 constructions.
  2. The service is provided by the aggregator over several networks at no additional cost to the users.
  3. Aggregating layer-2 structures will enable the protocol to reach a larger user base and generate new revenue-generating options for thousands of users. Arbitrum is a natural fit for OpenOcean, since it accounts for more than 40% of the layer-2 TVL market share.
  4. Users can swap around the trading universe with one-stop trading on OpenOcean.
  5. This is advantageous for users that choose to stay inside the Ethereum ecosystem and seek scaling solutions rather than migrate to other chains.

Why Arbitrum?

How to Bridge assets to Arbitrum

  1. Check to see whether you have a wallet that supports Arbitrum (We recommend MetaMask). Or you could go to the Arbitrum One Portal to discover which wallets support Arbitrum and ensure that OpenOcean does as well.
  2. Connect your wallet to the Arbitrum One network and begin linking assets with Arbitrum Bridge.
  3. Given that ETH is the native token for Arbitrum, you will need to bridge some ETH in order to transact. Other bridges that facilitate cross-chain asset transfer to Arbitrum include cBridge, AnySwap, Synapse Bridge, and the Hop protocol.
  4. Once the transfer is completed, head over HERE, connect your wallet, select Arbitrum network to begin trading!

IN CONCLUSION

FOR MORE INFORMATION VISIT:

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