Having Passed the Smart Code Security Audit of Three Major Security Companies, OneSwap Starts “Gemini” Open Beta!

OneSwap has passed the security audit of the smart contract code by SlowMist Technology, PeckShield, and Beosin on September 6, and has been launched on September 7. The open beta starts simultaneously on September 7 and ends on September 9. Users who “snatch at the first mine” will be rewarded with ONES, OneSwap’s platform token; at the same time, to further improve OneSwap, the project team will provide users who report BUGs, give constructive comments, or submit major error evaluation reports during the open beta with 200,000 ONES as bug bounty rewards.

For the event announcement, please refer here

Liquidity + transaction mining, a creative “double-mining” model

To highlight its unique “AMM+Order Book” design, OneSwap will simultaneously launch an innovative double-mining model of “liquidity mining” and “transaction mining” during the open beta, further improving liquidity and adding more fun to mining.

In this open beta, trading pairs on the white list include CET/ETH, LINK/ETH, LEND/ETH, SNX/ETH, COMP/ETH, YFI/ETH, REN/ETH, WNXM/ETH, SUSHI/ETH, and UMA/ETH. Users only need to select one of them to participate in liquidity mining or transaction mining, and receive ONES as mining rewards immediately. In addition, OneSwap currently supports OneSwap Wallet, MetaMask, Coinbase Wallet, ViaWallet, and other Wallet Connect wallets;

With generous rewards for “snatching at the first mine”, diverse mining patterns offer even more profits!

The OneSwap team has offered as much as 300,000 ONES as a reward for miners who “snatch at the first mine” in the open beta.

Users of “liquidity mining” share everyday event rewards of 150,000 ONES in total, according to the proportion of the market value of their valid liquid funds in the market value of liquidity. The figures will be accumulated once an hour.

Users of “transaction mining” share everyday event rewards of 150,000 ONES in total, according to the proportion of their valid transaction amount ( of Taker orders) of the valid trading pairs (e.g. trading pairs in the white list) in the amount of all trading pairs the previous day. These figures will be settled once a day at zero (UTC+8).

Bug bounty for a better OneSwap

To further improve OneSwap, the team has issued a reward order with 200,000 ONES as the bug bounty for users who report bugs, give constructive comments, or submit major error evaluation reports during the open beta. The above rewards will be distributed after the open beta!

Last but not the least, after the public beta, ONES tokens will be exclusively issued globally on the CoinEx platform. It is reported that an ITO (Initial Trade Offering) event will simultaneously kick off on the CoinEx platform, and any valid transaction generates ONES as the mining output. For more information, please pay attention to the announcement!

About OneSwap

OneSwap is a fully decentralized transaction protocol based on smart contracts. Based on the permission-free token listing and automated market making of DEX, it introduces limit orders, and improves user interaction through its own OneSwap Wallet; as a one-stop trading service platform on the universal chain, OneSwap can be deployed on any blockchain platform that supports smart contracts; hailed as the “upgraded version of Uniswap”, OneSwap comprehensively upgrades user experience based on UniSwap’s automatic market making, and can rival centralized exchanges in terms of the trading experience.

For more information about OneSwap, refer to: https://www.oneswap.net/

About SlowMist Technology

SlowMist Technology is a national high-tech enterprise dedicated to the security of the blockchain ecosystem. It has served many top or well-known projects, including over 800 commercial clients, around the world through its integrated, flexible security solutions covering threat detection and defense. Its security solutions include security audits, threat intelligence (BTI), vulnerability bounties, defense deployment, security advisory services, and other SAAS security products such as anti-money laundering (AML), and fake deposit vulnerability scanning. All these have been widely concerned and recognized by the industry.

About PeckShield

Established in 2018, PeckShield is a leader in blockchain security. Its key elite team has served world-renowned manufacturers including 360, Intel, Juniper, and Alibaba. Many of the team’s original works on fundamental network security issues have been acknowledged by various manufacturers in essays published on their official websites.

About Beosin

Established in March 2018, Beosin is a globally leading blockchain security company. Centering on four major technologies, respectively, network security, formal verification, artificial intelligence, and big data analysis, Beosin has set up a “one-stop blockchain security service platform” to keep the blockchain ecosystem secure. Relying on its “four security products” and “eight security services”, this platform provides blockchain companies with comprehensive security services and support, such as security audits, virtual asset traceability and AML anti-money laundering, security protection, threat intelligence, security consulting, and emergency response, enabling a security solution covering the full life cycle of the blockchain system from R&D to operation and further to supervision.

A fully decentralized exchange protocol on Smart Contract, with permission-free token listing and automated market making.