OCP.END
OCP deployed various dapps on the BSC ecosystem which included
Money market
Stable swaps
Regular swaps
Autocompounding
Farms
Bonds
Lotteries
NFTs
borrowing against yield generating assets as well as
industry leading vaults and
Tons of partnerships with ecosystem projects
OCP deployed various dapps on the BSC ecosystem which included
Money market
Stable swaps
Regular swaps
Autocompounding
Farms
Bonds
Lotteries
NFTs
borrowing against yield generating assets as well as
industry leading vaults and
Tons of partnerships with ecosystem projects
The vaults in particular offer some of the highest APYs on BSC even today.
We attracted a core group of users, however we were not able to attract a critical mass of TVL that would enable the project to grow and compete over time. We have hence decided to call time on the OCP project.
In an era where we hear about DeFi exploits almost on a daily basis, it should be noted that there was no contractual exploit over the year or so of OCP operations.
The team supplied liquidity at the onset of the project and that liquidity will continue to stay.
Liquidity is currently still locked -
https://www.team.finance/view-coin/0x3C70260eEe0a2bFc4b375feB810325801f289fBd?name=Omni%20Consumer%20Protocols&symbol=OCP
The UI will continue to work as normal for the foreseeable future as the servers will continue to be operational. We will be open sourcing the UI so that anyone willing to continue supporting it will be able to do so.
If you are a user of the vaults in particular, the contracts will continue to do what they are meant to do in perpetuity (or at least as long BSC continues to operate).
We will be burning the various admin privileges and publishing them over time.
There is no hack, no exploit, no fast or slow rug. We did our best, it was just not enough. Product market fit could not be achieved. There is no more product development or support.
Good luck and thanks for using us.