O3 Labs Quarterly Report January — March 2023

Caroline | O3Labs
O3 Labs
Published in
4 min readApr 7, 2023

Spring is finally here! 🙌

In this quarter, we welcomed the addition of our groundbreaking new product — NFT Shuttle, the first NFT cross-chain protocol that preserves holders’ rights. We also rebalanced O3-pO3 liquidity on Metis, Celo, KCC, Astar, and Bitgert as well as readjusted the APR distributions according to community voting results. Lots of exciting things are happening at O3 Labs. Let’s break it down!

O3 Swap V2 Updates

  1. Rebalanced O3-pO3 liquidity on Metis, Celo, KCC, Astar, and Bitgert

You asked, we listened! Due to reports and feedback from the O3 community about having trouble removing liquidity from the above networks, we took the initiative to propose to rebalance O3-pO3 liquidity and with the unanimous support of our community we completed the rebalance!

👉Voting entry: https://snapshot.org/#/o3dao.eth

2. Redistributed APR incentives towards more popular networks

To incentivize our LPs to provide liquidity on more popular networks like Etherum, BNB Chain, and Arbitrum, we have redistributed APRs from Metis, Celo, KCC, Astar, and Bitgert networks to the more popular chains! Enjoy lucrative mining rewards as high as 20% APR!

3. Integrated Top DEXs on Supported Chains

To bring our community frictionless cross-chain swaps we have aggregated a plethora of premium DEXs on each chains we support, including

  • Ethereum: PancakeSwap, crypto.com, ShibaSwap
  • BNB Chain: BiSwap, MDEX, Ellipsis Finance, NomiSwap, Thena Finance, Uniswap V3
  • Fantom: SpiritSwap
  • Gnosis: Swapr, HoneySwap
  • Arbitrum: ZyberSwap, Camelot

4. Token Whitelist

In addition to cooperating with high-quality projects to support cross-chain swaps by aggregating DEXs, we also regularly screen long-tail assets and innovative assets in the blockchain industry, and list them in our cross-chain list by whitelisting. 100+ tokens were added this quarter, including $GMX, $ARB, $ID and $BLUR, to name a few.

5. More on O3 Swap V2

  • Added Thena class aggregation smart contract support
  • Restructured wallet connection framework, non-Metamask heterogeneous chain wallet connection and transaction support
  • Restructured core code to enable non-EVM chain support
  • Updated the data interface to simplify the data acquisition process
  • Optimized “Hub” interface and added more transaction information
  • Optimized the speed of RPC requests and greatly improved the exchange rate quoting speed
  • Fixed issues according to user feedback and improved the transaction process, achieving better handling of abnormalities and prompts
  • Updated O3 Swap widget, supporting more customization options

✨New NFT Cross-Chain Product — NFT Shuttle

NFT Shuttle is the vehicle for your collections across the metaverse. It’s our job to safely shuttle your NFTs across networks, enabling richer gameplay and discovering new value for your NFTs, while retaining all the rights and interests of your original purchase.

  • Optimized UI design and UX
  • Optimized data requests
  • Added O3 Swap Widget
  • Audit completed: https://github.com/NFTShuttle/nft-shuttle-audit
  • Supported chains: Ethereum, BNB chain, Polygon, Arbitrum
  • Supported wallets: Metamask, WalletConnect, Coinbase Wallet, Clover Wallet, Bitkeep, ONTO Wallet

✨O3 Swap V1 & O3 Wallet Updates

  • Updated exchange rate API to V2 on O3 Swap V1
  • Supported Astar and Astar Swap on wallet
  • Added portfolio overview on wallet
  • Added more whitelisted assets on wallet
  • Added DEX aggregations on wallet

In total, O3 Swap has supported 14 chains and 500+ tokens! Our support for non-EVM networks is at its final testing phase. Although a bit later than we planned in our roadmap, user experience and security is what we’ve been focusing on.

✨Collabs & Events

We at marketing have been busy! Through the tons of collabs with other top networks and projects in the industry, O3 Labs has achieved great momentum and attained multitudes of new users. Synergy!

  • O3 Swap x MagicSquare OAT Giveaway
  • New Year’s Lucky Bag Events
  • Screenshot Frenzy Community Events
  • O3 Swap x Polygon Degens Cross-Chain Event (keep an eye on our Twitter announcements for winner list)
  • #POLYCON2023 x O3 Swap Panel & Tickets Giveaway
  • Arching to Arbitrum Awards Prize Draw & OAT Giveaway

🔥Ongoing Events you shouldn’t miss out🔥

  1. R3al World: Infra afterparty

⏰Apr. 12 18:30–23:00

📍7/F Hysan Place, Hysan Place, 500 Hennessy Road, Causeway Bay Restaurant: Cadillac Bar & Grill

2. Talk with us: connecting Innovators, Builders and Developers in Web3

⏰Apr. 13 4:00–9:00

📍4/F, Beverly House, 93 Lockhart Road, Wan Chai

3. The Coming ZK Era: Brand New Possibilities for NFT & GameFi

⏰Apr. 14 11:00–15:00

📍Causeway Bay Jaffe Road Tower 535, 26th Floor

✨AMAs

  • Feb 23: The Matic Greys x O3 Swap: NFTs on Polygon
  • March 14: NFT Shuttle Introduction & Cross-Chain Functionalities
  • March 20: Glitch x O3 Swap Twitter Space
  • March 30: History DAO x NFT Shuttle Twitter Space

Find us on Twitter, Discord, and visit our website!

--

--