O3Labs Monthly Report: July 2021
July was another hectic but remarkable month for O3Labs, highlighted with the Polygon deployment, USDC cross-chain pool, Ice Age Mining#4, Icing Sugar Mining#4, Bug Bounty Program, and a bunch of outstanding achievements. It is worth mentioning that O3 Swap cross-chain pools TVL have surpassed $700M and the highest daily volume has reached a new peak at $203M, which is definitely a significant breakthrough.
We are striving to make more progress and improvements in O3 Swap and O3 Wallet, aiming to provide a better user experience with a higher standard and become the most promising one in the marketplace.
What’s New?
O3 Swap
- Support Polygon Network
O3 Swap cross-chain pool and aggregation protocols were already launched on Polygon with lower gas fees and faster transactions, which also enable users to access multiple assets from different chains and to freely exchange assets between Polygon and other supported chains without asset deposit and withdrawal. For the convenience of users, we will attempt to aggregate more high-quality public chains and ecological chain systems.
- Launch USDC Cross-chain Pool
USD Coin (USDC) is currently available on O3 Swap, where all users can easily realize the USDC cross-chain transactions and join USDC single token liquidity mining on Polygon by adding USDC liquidity (ERC20, BEP20, Polygon) to the O3 Hub and stake the Liquidity Provider Tokens (LP-USDC) to earn the O3 rewards (unlock required) in the Vault.
- Turn on MATIC Faucet
Here is another good news at the end of July. $MATIC faucet has already been turned on! O3 users who engaged in the cross-chain swap on the Polygon chain from 29th July via O3 Swap will receive some $MATIC by Polygon.
- New UI & Support Russian Version
The team further optimized the website UI this month, including adding new entrances on the Homepage to directly enter Swap and Hub, adding the “Add Liquidity” button and pop-up window in Vault, and optimizing a series of new features related to Polygon. All users can check out the O3 Swap website to see the updates, moreover, the Russian version is also available now.
O3 Wallet
Latest Release
- Mobile
- Added saving and restoring features of wallet process status
- Optimized the storage structure of local data
- Adjusted the trigger mode of data monitor events
-Desktop
- Completed dAPI and migration test
- Optimized user experience of Neo N3 transaction
- Improved ETH transaction record parsing
- Optimized gas fee for ETH transaction
Events
- Bug Bounty Program
We welcome outstanding developers and enthusiasts in the blockchain community to share with us critical issues and the techniques used to exploit them. Anyone who finds a security bug in O3 Swap will get fair and generous rewards up to $200,000 in return, and we are happy to work with you to resolve the problem quickly. We’ve already received some valuable advice and are still eagerly looking forward to more! Please check here for more information.
- Ice Age Mining #4 on Polygon Network
The spectacular Ice Age Mining #4 coming with the deployment of Polygon started from 4 AM, 29th July 2021 (UTC) on O3 Swap. Similarly, users can stake (LP-USDC) and O3 (Polygon) to earn O3. For more mining details, please check here.
- Icing Sugar Mining #4 on Polygon Network
To celebrate the O3 swap cross-chain aggregator has completely deployed on Polygon and express the support on Polygon, we held Icing Sugar Mining #4 with eight Polygon partners on July 29th, 2021 (QuickSwap, DFyn, Beefy Finance, Aave, Kyber Network, PolyDoge, Polycat Finance), where users can stake above assets to earn O3 rewards.
- AMA
July 30th O3 Swap AMA with PolygonDaily: Cross-chain Aggregation Protocol O3 Wallet.
July 29th O3 Swap Q&A Time on Polygon with Russian Community
July 29th O3 Swap Reddit AMA with Polygon
July 29th Titans Ventures AMA
July 16th Live Panel Features Polygon Ecosystem Projects with O3 Labs: The Mega Matic Going Wild on Polygon
July 7th O3 X Twinci AMA Live: O3 Lucky NFT on BSC
Community
Here you can access all useful info, user guide, mining resources, and latest news about O3 Labs. Furthermore, to get started or troubleshooting, please join our community below.
