Octane Finance — September Updates

Octane Finance
2 min readOct 1, 2021

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Mainnet Launch

We are excited to reveal that our long-awaited beta mainnet will be launched on BSC by middle of October, as anticipated in our roadmap. The official launch date and time will be soon announced on our social media platforms including Twitter and Telegram.

Octane has been live on testnet since July 2021. Our beta testnet was launched on Ethereum’s Rinkeby test network. Our community has shown immense support in our journey so far with over 5000 faucet users actively participating and growing.

The launch of beta mainnet product will help users to place limit orders and generate APY on top of them. Check this out for more info https://docs.octane.finance/#consider-this-scenario

Executor Engine

We will be having separate section for incentivised executors where anyone with web3 wallet can execute the limit orders at https://beta.octane.finance/execute and collect rewards + order fees.

To remove execution dependency on manual intervention we’ve built a bot which runs 24 hrs to execute limit orders whenever limit conditions are met. The executor engine code will be made public to promote even better execution strategies.

IDO’s Concluded

We have successfully concluded our IDO on Trustpad, MantraDao & DuckDao on September 2021. Thanks to all the participants for your immense support.

Octane Token Contract Address: 0x5416AB2B4B5a40F740B67a83dc5939591B5c08BE

TrustPad: https://twitter.com/octane_finance/status/1439099506755178496

MantraDao: https://twitter.com/octane_finance/status/1440306715077922821

Duckdao: https://twitter.com/octane_finance/status/1440322577268830224

Community Growth

We have experienced substantial growth in our community members over social media platforms with approximately 23K crypto enthusiasts now following us on Twitter and nearly 10K on Telegram. As a means to directly interact with the community and to help the users understand Octane better, we are diligently conducting Telegram AMA sessions, resolving all the queries related to the protocol. We have strengthened the support for our telegram group and are now available 24/7 to support members.

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 🔈
App|Twitter |Telegram| Docs | Github

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