OpenOcean is now supported as a Safe App

At OpenOcean we’re always focusing on what matters most, our loving community. That’s why we’re constantly looking for ways to improve the OpenOcean experience - today we’re very proud to announce that OpenOcean, the leading DEX aggregator, is now fully integrated into the Safe (formerly Gnosis Safe) Ecosystem Environment on eight major chains Ethereum, BNB Chain, Polygon, Avalanche, Arbitrum, Optimism, Gnosis Chain and Aurora. By using OpenOcean on Safe, users now have access to the best swap rates at the lowest prices. So… what is Safe?

What is Safe?

Put simply, Gnosis Safe is a deeply trusted platform which multi-sig wallets can operate safely and securely. If you’re not aware, multi-sig wallets are usually used by DAO’s and projects and are controlled by a few nominated people. All or most of these nominated people are needed in order to sign transactions on the wallet (hence multi-sig). Safe decided to take ordinary multi-sig wallets and introduce them to Safe Apps as an environment where users can interact with premium authorized dApps. OpenOcean users are now available to take advantage of the platform’s security and safety.

What’s the benefits for users?

With OpenOcean x Safe, users can easily find the best trades on assets for all eight of the integrated blockchains. OpenOcean will always help users optimize trading for the best swap returns based on multiple parameters including price, transaction cost, route, and slippage.

With OpenOcean and Safe, you have access to OpenOcean’s market beating liquidity, algorithm and smart routing all whilst remaining within Safe’s multi-sig secure garden. This is very beneficial to those looking to maximize the potential of their multi-sig wallets. The greatest benefit should come from those seeking to utilize their DAO or Treasury wallets within the closed environment, usually these wallets use traditional old-style multi-sig. With Safe, it’s super easy to use dApps like OpenOcean to perform trades on behalf of your DAO or Treasury whilst maintaining the same signatory security, just head on into the app and use the same familiar interface you’ve always used.

Even if you don’t run a DAO wallet or a Treasury wallet, it’s worth having a look at the Safe and OpenOcean integration. For some, the safe knowledge of trading within a walled-garden in crypto might just assuage any worry they had about trading off centralized exchanges. It takes less than a minute to set up the Safe wallet.

There’s no excuse not to go and give the platform and app a try — OpenOcean app.

About OpenOcean
OpenOcean is the most efficient DEX aggregator, integrating major DEXs across 17 blockchains. OpenOcean’s intelligent routing algorithm optimizes swaps for maximum returns and is completely free to use!

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OpenOcean is now supported as a Safe App was originally published in openoceanfinance on Medium, where people are continuing the conversation by highlighting and responding to this story.