# OpenOcean

{% embed url="<https://openocean.finance/>" %}
↑ Official site url ↑
{% endembed %}

### Swap

* Navigate to the [**OpenOcean.finance**](https://app.openocean.finance/) webpage.

<figure><img src="https://4286049237-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F41vvUaUaaGdHwJz7DsQl%2Fuploads%2FeCwKEoAHCAWxQTYKQj7i%2Fopenoceanswap.png?alt=media&#x26;token=65bfd960-25cf-44aa-b95c-aad80130e314" alt=""><figcaption><p>Swap page</p></figcaption></figure>

* Connect your wallet.
* In the ‘Swap from’ field, select the currency and amount of tokens you wish to swap.
* Repeat the process in the ‘Swap to’ field.
* Click ‘Swap Now’ to confirm the swap.

### Limit Order

* OpenOcean allows you to set limit orders that will be executed at a specific price.

<figure><img src="https://4286049237-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F41vvUaUaaGdHwJz7DsQl%2Fuploads%2FimrUBIXrtR9PbKxHe8AL%2Fopenoceanlimit.png?alt=media&#x26;token=e33fac53-7625-4bbe-90f0-4b1fbec7889b" alt=""><figcaption><p>Setting up Limit Order</p></figcaption></figure>

* Switch from the ‘Swap’ tab to the ‘Limit Order’ tab.
* Choose whether you want to buy or sell.
* Select your desired trading pair from the dropdown list.
* Set your limit price. Your order will be executed once this price is reached.
* Review your limit order and confirm it with your wallet.
* By default, your limit order will expire in one month. You can adjust this timeframe in the settings menu.

### Cross-Chain Swap

* Open the ‘Cross Chain’ tab.

<figure><img src="https://4286049237-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F41vvUaUaaGdHwJz7DsQl%2Fuploads%2Fnaihn3UBnjKcENx76zk1%2Fopenoceancross.png?alt=media&#x26;token=0a0455e4-8064-4d24-a480-0d895dedffc2" alt=""><figcaption><p>Cross-chain page</p></figcaption></figure>

* Select the chain from which you wish to transfer, and then select the token to swap.
* Enter the amount you wish to swap.
* Repeat the process in the ‘Receiving chain’ fields, excluding the quantity.
* Review the possible swap routes for your transaction. The default route should be the cheapest.
* Review your swap details and confirm the transaction.

### Perpetuals

* To trade perpetuals, click on the ‘Perp’ tab in the menu bar.

<figure><img src="https://4286049237-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F41vvUaUaaGdHwJz7DsQl%2Fuploads%2FnWCXOVj911HoCye3xSnC%2Fopenoceanperp1.png?alt=media&#x26;token=d6b1418f-84ac-4b62-bfce-b8f593a693da" alt=""><figcaption></figcaption></figure>

* The first step is to make a deposit. Hover over your wallet address in the top right corner and select ‘Deposit’.
* Enter the amount you wish to deposit and confirm the transaction.
* Once your deposit is successful, you can begin trading.

<figure><img src="https://4286049237-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F41vvUaUaaGdHwJz7DsQl%2Fuploads%2FjItai6upU8EUwlx8TZqZ%2Fopenoceanperp2.png?alt=media&#x26;token=a27dcf1e-8da8-49ae-a529-71530f688e57" alt=""><figcaption></figcaption></figure>

* Set your leverage.
* Select whether you want to buy or sell.
* Choose the quantity from your deposit that you wish to trade.
* Confirm your limit order.
* You can track your open orders and history in the bottom section.

### &#x20;**Buy Liquid Stacking Derivatives (LSD)**

* Click on the ‘Farm’ tab in the menu bar.
* OpenOcean enables the purchase of liquid stacking derivatives. Purchase some tokens to receive ETH staking rewards.

<figure><img src="https://4286049237-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F41vvUaUaaGdHwJz7DsQl%2Fuploads%2FFHUUrEwF41nbWjWIwUjE%2Fopenoceanlsd.png?alt=media&#x26;token=90fd1c96-16be-481a-9d33-aa62cd9cf4e2" alt=""><figcaption><p>List of ETH Liquid Staking Tokens</p></figcaption></figure>

* Click on the ‘LSD’ tab in the menu bar.
* Select one of the Liquid Stacking tokens and click ‘Buy’.

<figure><img src="https://4286049237-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F41vvUaUaaGdHwJz7DsQl%2Fuploads%2F5PEmO2uaxhpPjY0asoHL%2Fopenoceanlsd2.png?alt=media&#x26;token=f93f0e5b-5a6c-43e3-bc5a-ac5475718bd2" alt=""><figcaption><p>Swaping tokens</p></figcaption></figure>

* Choose the currency you wish to pay with.
* Confirm the transaction.

### Liquidity

<figure><img src="https://4286049237-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F41vvUaUaaGdHwJz7DsQl%2Fuploads%2F4pXU7aMZJT6d2nP3ZZF9%2Fopenoceanearn.png?alt=media&#x26;token=844003da-ab44-4813-af21-a9af9fa33f12" alt=""><figcaption><p>Liquidity menu</p></figcaption></figure>

From the ‘Earn’ dropdown menu, you can choose to:

* Add or remove liquidity from a pool.
* Stake your LP tokens to earn extra rewards.
* Participate in ETH liquid staking (this is the LSD described above).

### Add & Remove Liquidity

<figure><img src="https://4286049237-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F41vvUaUaaGdHwJz7DsQl%2Fuploads%2FL83JH2aLzofa1hH1skHB%2Fopenoceanliquidity.png?alt=media&#x26;token=3cbcdef4-9db3-44b7-bfea-05e95ffa4adf" alt=""><figcaption><p>Add liquidity</p></figcaption></figure>

* Navigate to ‘Earn > Pool’ in the menu.
* Click the ‘Add Liquidity’ button.

<figure><img src="https://4286049237-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F41vvUaUaaGdHwJz7DsQl%2Fuploads%2F1glqFRHLNTFVxtTuY8OH%2Fopenoceanliquidity2.png?alt=media&#x26;token=883d5f2e-c72a-47c2-9eba-f54909e93956" alt=""><figcaption></figcaption></figure>

* Select two tokens from the dropdown lists.

* Enter the amount of the first token you wish to supply. The second amount will be calculated automatically.

* Confirm the transaction by clicking ‘Supply’.

* Navigate back to ‘Earn > Pool’ in the menu bar to check your positions.

<figure><img src="https://4286049237-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F41vvUaUaaGdHwJz7DsQl%2Fuploads%2FL61V5Nyv0K258I2aqmuo%2Fopenoceanliquidity3.png?alt=media&#x26;token=a579d3ec-8ca7-4bfb-91f4-be7612cfd235" alt=""><figcaption><p>Liquidity management screen</p></figcaption></figure>

* Click ‘Remove’ to withdraw your tokens from the liquidity pool.

<figure><img src="https://4286049237-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F41vvUaUaaGdHwJz7DsQl%2Fuploads%2F8x6BFLZaLd75pcjGH5Ik%2Fopenoceanwithdraw.png?alt=media&#x26;token=adc32922-4239-4953-be10-9b8ba15989e6" alt=""><figcaption><p>Withdraw liquidity</p></figcaption></figure>

* Enter the amount of LP tokens you wish to withdraw.
* Click ‘Approve’ to confirm the transaction.

### Liquid Stacking Derivatives (LSD)

* Click on the ‘Earn > Farms & Vaults’ tab in the menu bar.

<figure><img src="https://4286049237-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F41vvUaUaaGdHwJz7DsQl%2Fuploads%2FGou0keCCN9JmDhnANY5P%2Fopenoceanfarm.png?alt=media&#x26;token=29fa56f6-1fdd-4b79-8acb-c50006604d3d" alt=""><figcaption><p>Available farms and vaults</p></figcaption></figure>

* Select a farm from the list and click ‘Detail’.
* Click ‘Deposit’.

<figure><img src="https://4286049237-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F41vvUaUaaGdHwJz7DsQl%2Fuploads%2FK9MnoDr2ycCRUfLrCqjj%2Fopenoceanfarm2.png?alt=media&#x26;token=fc1ccb0b-b307-499d-9c68-8f8aec4b93f4" alt=""><figcaption></figcaption></figure>

* On the next screen, enter the amount of tokens you wish to deposit into the farm and confirm the transaction.
* During farming, you can collect your rewards by clicking the ‘Harvest’ button.
* To withdraw your tokens, select ‘Withdraw’. The same window as before will appear.
* Enter the amount you wish to withdraw and confirm the transaction.

### DAO

* Navigate to ‘Dao > Stacking & Governance’.

<figure><img src="https://4286049237-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F41vvUaUaaGdHwJz7DsQl%2Fuploads%2FxekTmkNEahvevG96SRv3%2Fopenoceandao.png?alt=media&#x26;token=cd26c0d7-42b3-4acd-92d7-36215afdc767" alt=""><figcaption><p>DAO Staking page</p></figcaption></figure>

* You can lock your OOE tokens to vote on DAO proposals and receive gas refunds on OpenOcean.
* Check how many tokens you need to stake to receive bonuses in the tier list.
* Enter the amount you wish to lock and set the lock duration.
* The higher the lock duration, the higher the staking APY.
* Confirm the transaction at the bottom of the page.
* To withdraw funds after the lock period, click ‘Withdraw’ instead of ‘Lock’ and confirm after choosing the amount to withdraw.

Under the ‘Dao’ tab in the menu, you can also find:

* A forum to discuss proposals.
* A snapshot to vote on active proposals.

<figure><img src="https://4286049237-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F41vvUaUaaGdHwJz7DsQl%2Fuploads%2FBfeQf20SzQfqJ0Qe7UoD%2FPastel%20Retro%20Welcome%20to%20the%20team%20twitter%20header%20(2).png?alt=media&#x26;token=3cfc3228-5720-4400-ab1d-21f355ccf4cc" alt=""><figcaption><p><a href="https://hub.airdrop.expert/overview/order-here">https://hub.airdrop.expert/overview/order-here</a></p></figcaption></figure>
