The Good Tech Companies - Zircuit Welcomes Ocelex: The Newest MetaDEX Driving DeFi Growth On Zircuit

Episode Date: December 6, 2024

This story was originally published on HackerNoon at: https://hackernoon.com/zircuit-welcomes-ocelex-the-newest-metadex-driving-defi-growth-on-zircuit. Zircuit’s infrastructure, which includes AI-driven sequencer security, provides a strong foundation for decentralized applications. Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #zircuit, #chainwire, #press-release, #zircuit-announcement, #crypto-exchange, #blockchain-development, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. Ocelex is positioned to launch as a MetaDEX and liquidity layer on Zircuit. The Ocelex public sale begins on December 9th at 10:00 UTC and will run for 60 hours in a Dutch auction format. OceLex follows Lynex’s community-centric strategy with an airdrop that priorizes long-term alignment.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Zerkit welcomes Ocelex, the newest Metadex-driving DeFi growth on Zerkit. By Chainwire, Zurich, Switzerland, December 6, 2024, Chainwire, Ocelex is positioned to launch as a Metadex and liquidity layer on Zerkit, a ZKE VM-based Layer 2 ecosystem designed for scalability and security. With its focus on capital-efficient innovation, community-driven participation, and 100% revenue sharing among token holders, Ocelex aims to create a transparent and inclusive DeFi environment. Zerkit's infrastructure, which includes AI-driven sequencer security,

provides a strong foundation for decentralized applications. Recent developments, such as the token generation event, TGE, of the $ZRC token, have increased attention on the ecosystem. Ocelix's launch will leverage this momentum to establish itself as Zerkut's primary decentralized exchange, prioritizing liquidity, accessibility, and growth within the DeFi sector. OCELEX is the first LYNSEXPANSIONA's the first franchise expansion of Linux. The leading liquidity protocol on Linea, OCELEX builds on a proven foundation. Linux has achieved over $3.5 billion trading volume and distributed $7.5 million in revenue to token holders,

positioning it as one of the top performing VEI-3-3 DEXs. OcelX continues this legacy by introducing Automated Liquidity Management, AOM, Aggregation, a feature designed to simplify liquidity management through automated strategies. This approach reduces risks like impermanent loss while ensuring consistent yield for liquidity providers, LPs. Strategic partnerships and pre-launch momentum Even before its official launch, Ocelex has established key partnerships and secured significant total value locked, TVL. These partnerships include EtherFI, Kelp, and Renzo for LRTs, liquidity restaking tokens. Lido and Stakestone for LRTs, liquidity restaking tokens. Lido and Stakestone for LSTs, liquid staking tokens.

Stakestone and Alara, two leading money market protocols to ensure seamless, integrated liquidity flows for users. Osilix's strong pre-launch performance underscores its potential to play a key role in Zerkit's ecosystem growth. With a current TVL of $4.6M and total trading volume of $13.3M, Ocelex has already secured a solid foothold in the DEX category. A community-first approach Ocelex follows Linex's community-centric strategy with an airdrop that prioritizes long-term alignment. 45% of Ocelix's initial supply will be airdropped to Linux VELINX holders who have locked tokens for one year or more. This approach rewards loyal

participants while fostering ecosystem stability. Locking VELINX has historically provided some of the most consistent yields among VEI-3-3 protocols, a trend Ocelix aims to replicate. The upcoming public sale The Ocelex public sale begins on December 9 at 10 o'clock UTC and will run for 60 hours in a Dutch auction format. The auction ensures fair market pricing, starting at $0.30 and decreasing to $0.06. Key sale details. Tokens for sale. $2,000,000 OCX. 2% of Initial Supply. Minimum Price. $0.06. Starting Price. $0.30. Following the Sale, the Token Generation Event, TGE, will commence, marking the start of liquidity mining and distributing tokens to pre-miners and airdrop

recipients. For a comprehensive overview of the public sale, refer to this article or watch the accompanying short video. OCELEX Public Sale Projection Sasilix's Dutch auction public sale lets the market decide its valuation and launch price, starting at $0.30 and decreasing linearly to $0.06. Community airdrop recipients, who will receive 50% of the initial supply as governance tokens, also stand to benefit from higher sale prices. With interest in Ocelex as the next big VEI-3-3DEX on Zerkit, the auction is expected to be highly competitive, following in the footsteps of Linex, Aerodrome, and Thena. Ocelix's growth potential Ocelix has the potential to secure substantial TVL on Zerkit, a network with over $2.5B in total value locked TVL.

This potential is modeled on the success of other VEI-3-3 protocols. Aerodrome secured 41.56% of BASIS $3.85 BTVL $1.06 B with an FDV of $2.05 B. OcelX could achieve $1.039 BTVL with a similar share. Linux. Commands 4.7% of Linnaeus $494 million TVL $23.02 M with an FDV of $294 million TVL, $23.2M, with an FDV of $29 million. Ocelex could secure $117.5M TVL with comparable performance. Thena captures 1.47% of BNB chain's $5.8B TVL, $85 million, with an FDV of $565 million. Ocelex could achieve $36.75 MTVL with this share. OCELEX Key Metrics. Dominant case, $1.039 BTVL, 41.56%. Moderate case, $117.5 MTVL, 4.7%. Conservative case, $36.75 MTVL, 1.47%. With an FDV range of $6 million to $30 million,

Ocelex presents an undervalued opportunity for early participants, particularly when compared to Aerodrome's $2.5 BFDV-orthen is $565 million. The future of DeFi with Ocelex and Zerkit Ocelex combines Linex's successful model with Zerkit's technical infrastructure, aiming to serve as a cornerstone for DeFi activity. With stronger launch momentum, strategic partnerships, and a focus on community alignment, Ocelex is positioned to deliver value and scalability for users and the broader DeFi ecosystem. About OCELEX Ocelex is the first expansion of the Linex brand, launching as a franchise on Zerkit, an emerging layer 2. Ocelex democratizes sophisticated liquidity strategies, seamlessly connecting everyday

traders with expert-level capabilities. It features a competitive ecosystem of automated liquidity managers, OMS, and strategists, all striving to optimize returns, minimize risks like impermanent loss, and boost overall efficiency for every user. Users can learn more about OcelX through the links website www.oselexfi.app.oselexfi.ex.com.oselexfi.discord.discord.com. Invite. RTKZN Bean. Contact Zerolo Vesper. Oselex Zerolo. Adlin X. Fi. Tip This story was distributed as a release by Chainwire under HackerNoons Business Blogging Program. Learn more about the program here. Thank you for listening to this HackerNoon story,

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