Octane Finance — October Updates

Octane Finance
2 min readNov 2, 2021

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Octane brings the most exciting news in this newsletter for the community. You get insight into the entire month’s activity which includes partnerships, collaborations, proposals, and announcements and milestones!

Mainnet Launch

Octane mainnet dApp is live in beta on Binance Smart Chain. You can try out the dApp today and start generating APY’s on your limit orders.

How to access the dApp?

  1. Head on to beta.octane.finance
  2. Connect using Metamask (ensure that you’re connected to Binance Smart Chain)
  3. Try your first limit order for BNB/BUSD pair

Executor Engine

An executor network monitors and competes for executing pending limit orders to get rewarded by the transaction fees. Executors receive 0.3% fees of the order value as rewards for executing orders.

We have deployed executor engine bots making the execution process of limit orders more reliable. Code for executor engine is publicly available here, for anyone to participate and create their own bots and earn executor rewards.

Code Audit

We have finalized the auditing firm, all our mainnet contract code will be audited by Dec 2021.

Awareness campaigns

We have started influencer marketing campaigns to help educate more people about rewarding limit orders and Turkish community building activities from Muhabbit.

Next Steps

We are working on systems to incentivize liquidity providers, executor network, partnerships, staking pools and more. Will announce details on our social media channels.

About Octane

Octane is a fully decentralized rewarding limit order platform driven by network of executors. The Octane team consists of veteran entrepreneurs and professionals who have been part of blockchain space since the launch of its early DeFi protocols.
For more information, please visit https://octane.finance/

Join Our Community!

We want you to be very keen player in our ecosystem! Come and join us on our telegram group.

🔈 Stay updated about the project here 🔈
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