OpenOcean x Polkastarter Whitelisting Closed!

The whitelisting for OpenOcean IDO on Polkastarter has closed on May 21th, 2021, 12:00 PM UTC. The amount of support and whitelisting applications have been overwhelming and we would like to say thank you to all who participated. This also means that we will start processing the applications for next steps.

Next steps

• All whitelisting submissions will be sent to Polkastarter and verified for POLS holdings, valid BEP-20 addresses, Telegram and Twitter, and other requirements stated by Polkastarter and OpenOcean.
• We will run a lottery and generate a list of qualified IDO users that can participate.
• Approved participants will receive an email from contact@openocean.finance. Make sure to check your email inbox and junk folder.
• Upon receiving the email, whitelisted participants have 48 hours to pass the KYC process.
• After the KYC process, we will notify you of the KYC result and IDO start date through email.

Please Note

1. Winning a spot from whitelisting won’t guarantee you a spot in the IDO. You need to show up within a timeframe with funds ready to participate in IDO as the pool type of IDO on Polkastarter is FCFS (First Come First Serve).
2. Unfortunately, participants from countries that are excluded by our initial KYC criteria (see below) aren’t eligible to participate in the IDO. In case you don’t pass KYC due to exclusion criteria, your IDO spots will be revoked during next steps.
3. OpenOcean reserves the right to cancel or amend any Activity or Activity Rules at our sole discretion.

KYC criteria

You are not allowed to participate IDO if you are: (a) on any trade or economic sanctions lists, such as the United Nations Security Council Sanctions List, US OFAC lists, EU Sanctions Lists and their equivalent; (b) located, incorporated or otherwise established in, or a citizen or resident of: (i) the United States of America, Canada, People’s Republic of China, the Hong Kong Special Administrative Region of the People’s Republic of China, the Republic of Seychelles, Bermuda, Cuba, Crimea and Sevastopol, Iran, Syria, North Korea , Sudan, Albania, Barbados, Botswana, Burkina Faso, Cambodia, Cayman Islands, Democratic People’s Republic of Korea (DPRK), Ghana, Iran, Jamaica, Mauritius, Morocco, Myanmar, Nicaragua, Pakistan, Panama, Senegal, Syria, Uganda,Yemen, Zimbabwe; (ii) any state, country or other jurisdiction that is embargoed by the United States of America; (iii) a jurisdiction where it would subject OpenOcean or any of its affiliates to any local registration or licensing requirements; or be illegal according to Applicable Law for you (by reason of your nationality, domicile, citizenship, residence or otherwise) to participate in the public sale.

About OpenOcean

OpenOcean is the world’s first DeFi & CeFi full aggregator. OpenOcean finds the best price, no additional fees, and lowest slippage for traders on aggregated DeFi and CeFi by applying a deeply optimized intelligent routing algorithm.

Besides the aggregation of swaps, OpenOcean will continue to aggregate derivative, yield, lending, and insurance products and launch its own combined margin products and intelligent wealth management service. OpenOcean also provides API and arbitrage tools for users to do arbitrage transactions automatically.

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