Ociswap will be the first pairwise DEX native to Radix and is scheduled to launch on the very first day of the Babylon update.
Since the initial announcement in November '21, Ociswap rapidly rooted itself within the Radix community by not only partnering with 50+ validator nodes, but also by sucessfully organising 30+ airdrops to ensure a fair distribution of the $OCI-token to 10k+ community members.
Aside from offering capital efficient AMM functionality, the team is researching protocol owned liquidity and strategies to reduce the impact of impermanent loss. The features that set Ociswap apart from its competitors will be revealed in due time.
Ociswap has launched a cDEX (a centralised Automated Market Maker) to facilitate a means of trading before smart contracts are deployable on the Radix Network.
Ociswap will launch in Q1 2023 with the Radix Babylon update, but will be available for public testing on the Babylon Alphanet in Q3 2022. Our vision is to offer everyone a quick, secure and low-cost swapping experience: wherever, whenever and whatever. We're striving to become the flagship DEX in the Radix ecosystem by offering a feature-rich product and by shaping a vibrant, welcoming and engaging community around it.