Open Liquidity Program (OLP) Launch

June 06, 2023

The Open Liquidity Program has launched, bringing unmatched liquidity and capital efficient DeFi into the Injective ecosystem. The Open Liquidity Program (OLP) will allow everyday users and institutions to participate in the rapidly growing ecosystem on Injective while simultaneously earning rewards in the form of INJ. Get Started: LinkOLP Docs: LinkBackgroundInjective already supports the most liquid truly on-chain DeFi ecosystem in crypto today. Ultimately, these ideas and integrations have led to the creation of the brand new Open Liquidity Program (OLP). OLP is the first program of its kind that enables global access for truly on-chain DeFi and trading.

The Open Liquidity Program has launched, bringing unmatched liquidity and capital efficient DeFi into the Injective ecosystem.

The Open Liquidity Program (OLP) will allow everyday users and institutions to participate in the rapidly growing ecosystem on Injective while simultaneously earning rewards in the form of INJ. OLP members will be able to provide liquidity on Injective’s on-chain orderbook infrastructure in a permissionless manner to attain INJ rewards. Beginning June 13, 2023, 60,000 INJ can be earned by eligible participants during each epoch (28 day period).

Get Started: Link

OLP Docs: Link

Background

Injective already supports the most liquid truly on-chain DeFi ecosystem in crypto today. As the fastest blockchain built for finance, Injective seeks to provide robust liquidity across its ecosystem.

dApps built on Injective are able to tap into a shared orderbook infrastructure for liquidity. As a result of this pioneering tech, a user transaction from dApp A can be matched with another arising from dApp B. This vastly improves liquidity fragmentation issues that are commonplace in crypto today.

Over the past year, the Injective community has continued to find innovation in new avenues to further bring more liquidity. This involved combining the best of finance with groundbreaking infrastructure that can sustain the highest levels of throughput on-chain. Ultimately, these ideas and integrations have led to the creation of the brand new Open Liquidity Program (OLP).

Open Liquidity for All

OLP caters to the needs of everyday users and institutions alike by allowing everyone to participate in the Injective ecosystem while earning rewards.

Typically, programs such as this are created exclusively for elites and high net worth institutions. OLP is the first program of its kind that enables global access for truly on-chain DeFi and trading. Any participant within DEXs built on Injective can earn rewards for providing orderbook liquidity with minimal barriers to entry.

Beginning June 13, 2023, 60,000 INJ can be earned by eligible participants during each epoch (28 day period). Users can easily provide liquidity via Injective APIs or through the various DEXs built on Injective. All information on the reward calculations and API docs can be found in the OLP docs here.

Injective: The Only Blockchain Trailblazing the Future of Finance

Injective was created from day one to truly decentralize financial innovation and access. OLP takes the entire ecosystem one step closer to this goal.

OLP can work in tandem with the upcoming Project X which will further bring new avenues for on-chain liquidity across dApps built on Injective. The combination of Injective’s technical innovations and initiatives such as OLP help to create a superior environment that can continue to break new boundaries for DeFi and Web3 as a whole.

About Injective

Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.

Website | Telegram | Discord | Blog | Twitter | Learn | Youtube | Facebook|LinkedIn | Reddit | Instagram |Orbit Newsletter

The source of this news is from Injective

Popular in Development

1

Feb 9, 2024

Points Guard

2

Feb 8, 2024

Lockheed Martin

3

Feb 15, 2024

The First Ever Omnichain Domain Release for Injective and Solana

4

Feb 8, 2024

Lockheed Martin CFO to Speak at the TD Cowen 45th Annual Aerospace and Defense Conference

5

Feb 8, 2024

Lockheed Martin

Circle and Coincheck to Partner on Expanding Access to USDC in Japan

17 hours ago

How Do Bitcoin ATMs Work?

3 days ago

BitMEX Alpha: Basis Trades with MATIC and LINK

4 days ago

Now Live: The First Ever PORTAL Futures Contract with 2x Leverage

6 days ago

Nisum's TrendTech: A Beacon of Innovation in The Sociable's 2024 Picks

Feb 16, 2024

Mexico Selects Voatz for its 2024 National Elections

Feb 12, 2024

How To Find A Bitcoin ATM Near Me

3 days ago

Bid-to-Earn Auction Starts Thursday

Jan 9, 2024