Zurich, Switzerland December 6, 2024 Chainwire
Oselex Ready to launch as a MetaDEX and liquidity layer on Zircuit, it is a zkEVM-based Layer 2 ecosystem designed for scalability and security. With a focus on capital-efficient innovation Community-driven participation and 100% revenue sharing between token holders. Ocelex aims to create a transparent and inclusive DeFi environment.
Zircuit’s infrastructure, including the security of its AI-powered sequencer, provides a strong foundation for decentralized applications. Recent developments such as the token generation activity (TGE) of the $ZRC token have increased interest in the ecosystem. Ocelex’s launch will leverage this momentum to establish itself as Zircuit’s primary decentralized exchange, with a focus on liquidity, accessibility, and growth within the DeFi sector.
Ocelex is the first Lynex extension.
As the first franchise expansion of Lynex, the leading liquidity protocol on Linea, Ocelex builds on a proven foundation. Lynex has achieved trading volumes of more than $3.5 billion. and distributed $7.5 million in proceeds to token holders. Considered to be one of the top performing DEXs (3,3), Ocelex continues this legacy by offering Automated Liquidity Management (ALM) integration, a feature designed to make liquidity management easier through automated strategies. This method reduces risks such as permanent loss. At the same time, it guarantees consistent returns for liquidity providers (LPs).
Strategic partnerships and pre-launch momentum
Even before its official launch, Ocelex has established key partnerships and secured key Total Value Locked (TVL) security. These partnerships include:
- EtherFi, Kelp and Renzo for LRT (liquidity acquisition token)
- Lido and StakeStone for LST (Liquid Staking Token)
- StakeStone and Elara, two leading money market protocols, ensure seamless integrated liquidity flow for users.
Ocelex’s strong pre-launch performance underscores its potential to play a key role in the growth of the Zircuit ecosystem with The current TVL is $4.6 million. And with a total trading volume of $13.3 million, Ocelex has gained a solid foothold in the DEX category.
community-first approach
Ocelex follows Lynex’s community-centric strategy with air distribution that prioritizes long-term priorities. 45% of Ocelex’s initial supply will be distributed to Lynex and LYNX holders who have locked in. Token for a year or more This approach rewards loyal participants while promoting ecosystem stability. Locking veLYNX has provided some features in the past. The most consistent returns Among the promising ve(3, 3) protocols, Ocelex aims to replicate.
Upcoming Public Sale
The public sale of Ocelex begins on December 9th at 10:00 AM UTC and will run for 60 hours in a Dutch auction format. The auction ensures a fair market price, starting at $0.30 and decreasing to $0.06.
Important sales details:
- Tokens for sale: 2,000,000 $OCX (2% of initial supply)
- Minimum price: $0.06 | Starting price: $0.30
After the sale, the Token Generation (TGE) event begins, which marks the beginning of mining liquidity and distribution of tokens to pre-miners and airdrop recipients.
For a comprehensive overview of public sales, see here. article or watch the accompanying program short video-
Public sales estimates for Ocelex
Ocelex’s public auction in the Netherlands helps the market decide its valuation and launch price. It starts at $0.30 and decreases linearly to $0.06.
Community Airdrop recipients, who will receive 50% of the initial supply as governance tokens will also benefit from a higher selling price. Given the interest in Ocelex as the next big DEX (3,3) on Zircuit, this auction is expected to be highly competitive, following in the footsteps of Lynex, Aerodrome, and Thena.
Ocelex’s growth potential
Ocelex has the potential to secure large amounts of TVL on Zircuit, a network with more than $2.5 billion in total value (TVL). This potential is modeled after the success of other ve(3,3) protocols:
- Airports: Captured 41.56% of Base’s $3.85 billion TVL ($1.6 billion) with FDV of $2.5 billion. Ocelex could achieve TVL of $1.039 billion with a similar share.
- Lynex: Controls 4.7% of Linea’s $494 million ($23.2 million) TVL with an FDV of $29 million. Ocelex can maintain TVL of $117.5 million with comparable performance.
- Thena: Occupies 1.47% of BNB Chain’s $5.8 billion TVL ($85 million) with an FDV of $565 million. Ocelex can achieve $36.75 million in TVL with this share.
Important indicators of Ocelex:
- Notable cases: $1.039 billion TVL (41.56%)
- Medium case: $117.5 million TVL (4.7%)
- Conservative case: $36.75 million TVL (1.47%)
With an FDV range of $6 million to $30 million, Ocelex presents an invaluable opportunity for early entrants. Especially when compared to Aerodrome’s $2.5 billion FDV or Thena’s $565 million.
The Future of DeFi with Ocelex and Zircuit
Ocelex combines Lynex’s successful model with Zircuit’s technical infrastructure, aiming to serve as a cornerstone for DeFi activity with strong pre-launch momentum. strategic cooperation And with its focus on community alignment, Ocelex is positioned to deliver value and scalability to its users and the broader DeFi ecosystem.
About Ocelex
Ocelex is the first expansion of the Lynex brand, launching as a franchise on Zircuit, an emerging layer 2. Ocelex democratizes complex liquidity strategies. It seamlessly connects day traders with expert-level capabilities. It provides a competitive ecosystem of Automated Liquidity Managers (ALMs) and Strategists. They all strive to maximize returns and reduce risks such as permanent losses. and increase overall efficiency for all users.
Users can learn more about Ocelex from the following link.
website: www.ocelex.fi/
DApps: app.ocelex.fi/
X: x.com/OcelexFi
Inconsistency: discord.com/invite/rTkZNbNggh
Contact Zarolo VesperOcelexzarolo@lynex.fi
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily and is not intended to serve as legal, tax, investment, or financial advice.
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