OctoFi — a next-generation open-source platform that provides decentralized financial tentacles for DeFi. Users benefit from making profit by squeezing tentacles for octomated lending yields on Ethereum and pricing oracle of aggregation for octomated cross-chain lending.
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About the OctoFi project
OctoFi — a decentralized financial tentacle. Next generation open source platform. Why limit agricultural yields on land when the land surface is 70% water? Use earn.octo.fi to wrap your tentacles around the sea of profit.
Check out the project on octo.fi, get some $OCTO at uniswap.octo.fi and earn more on earn.octo.fi. The community governance token for the OctoFi ecosystem is OCTO.
The main elements of the project:
| DAOctopus | Check out this offer for instructions on how to use Snapshot, you must have $ OCTO tokens in your connected wallet to vote. |
| Aquafarm | Profit clenches its tentacles for octomized Ethereum lending yield. |
| Tentacles | Oracle pricing aggregator for octomized cross-chain lending. |
The main use case, provided by the project proponents, will be foundational management solutions. In the early stages, OCTO management tokens are used for the following purposes:
- participation in voting on the settlement of management decisions;
- checking data tentacles and support systems with bets;
- Interest program (Octo yield).
Make sure you have the installed MetaMask browser extension before using the project. You also need to top up your wallet with ETH, which is useful for paying for gas. Go to buy.octo.fi. Click on the "Connect to Wallet" button in the upper right corner and connect to MetaMask. Now that you are connected to DEX, you need to access your wallet. Unblock USDC by clicking on the small lock icon. Return to the main interface and establish your market order. After that, you can buy OCTO tokens.
Additional information
The homepage serves as a roadmap of sorts, with a series of projects that span the OctoFi ecosystem and its deployment. Instead of WhitePaper, you can explore the blog, which has many articles about the work of the project.
If you want to stay up to date with all innovations, subscribe to the community on these social networks:
- twitter;
- telegram;
- github.
The smart contract has not been audited.