Excitement is building as we approach the highly anticipated launch of Ocelex, the native liquidity layer of Zircuit, designed to offer capital efficient liquidity solutions. As part of our comprehensive launch strategy, we are pleased to announce the pre-mining phase, allowing early liquidity providers to take advantage of unique rewards and incentives.
Launch Timeline
The pre-mining and pre-launch of Ocelex will be live today, Friday, October 25th, 2024.
During this phase, early participants will have access to specific liquidity pools, earning significant rewards in exchange for providing liquidity.
Pre-mining Phase
As part of the initial phase, a soft pre-mining launch, the following pairs will be live and available for liquidity providers:
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WETH/STONE
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WETH/wstETH
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WETH/USDe
These pools mark the start of Ocelex's liquidity foundation, with many more pools to be added as the pre-mining phase progresses:
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USDC/ETH
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WBTC/ETH
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Yield IQ (wETH)
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Yield IQ (wBTC)
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USDT/WETH
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USDC/USDT
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Yield IQ (USDC)
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ezETH/WETH
*We may add more pools based on partner integrations. Liquidity providers in these pools will be rewarded with a generous portion of the initial supply, which will be strategically allocated across various levels, depending on the token, LP pair, and any partner incentives offered.
The rewards will be distributed in eOCX, which represents ‘Early OCX’ tokens that can be redeemed for:
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50% in oOCX tokens
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50% in veOCX, locked for two years
This phase is crucial for building the foundation of liquidity on Ocelex and Zircuit, offering early participants the opportunity to earn a significant share of the platform's success from the very beginning.
How to participate:
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Bridge your tokens to ZircuitL2 using their official bridge
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Go to pre.ocelex.fi/mining,
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Swap them for the tokens you want to pair,
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Add liquidity,
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Stake the LP in a pre-mining pool.
Strategic Partnerships Expanding Ocelex’s Reach
Ocelex is proud to collaborate with a growing list of strategic partners, each contributing to the success of the platform:
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StakeStone: Bringing $sBTC, $STONE, and $STONEBTC, providing omni-chain BTC liquidity across Zircuit and other chains.
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Elara Labs: An innovative lending protocol that uses Dynamic Liquidity Balancing with LRT/LST assets, enhancing capital efficiency and security for crypto lending on Zircuit.
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Gamma Strategies, and ICHI Foundation: These partners will power Ocelex’s Automated Liquidity Management (ALM) Marketplace, offering advanced strategies to optimise capital efficiency and reduce risks like impermanent loss for liquidity providers.
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Algebra Finance: Powers concentrated liquidity on Ocelex, allowing liquidity providers to choose custom price ranges to maximise capital efficiency and earn higher fees. With dynamic fees based on market conditions and built-in farming, Algebra optimises liquidity provision and rewards.
Through these partnerships, Ocelex is set to redefine liquidity provisioning and trading on Zircuit, providing users with unmatched liquidity depth, efficiency, and security. More partners will be announced soon, further enhancing Ocelex’s ecosystem.
Public Sale, TGE and Ocelex’s Growth
Towards the end of the pre-mining phase, the Public Sale will offer the community the chance to join the Ocelex ecosystem. Afterward, the Token Generation Event (TGE) will officially distribute tokens, empowering users to engage with the platform. As Ocelex progresses, liquidity incentives and governance participation will continue to grow, with early liquidity providers receiving their well-earned rewards, setting the stage for a thriving DeFi ecosystem on Zircuit.
Ocelex’s Vision: Empowering Liquidity on Zircuit
Ocelex aims to become the native liquidity layer of Zircuit, enhancing liquidity provisioning and capital efficiency. With support for a wide range of assets, Ocelex is positioned to lead the decentralised finance space on Zircuit.
Stay tuned for more updates as we continue to roll out new features and details about Ocelex’s full launch.