Ooga Booga Raises $1M to Create First Liquidity Aggregator on Berachain
Wednesday, 20 March 2024, 13:24
Ooga Booga Raises $1M to Create First Liquidity Aggregator on Berachain
Ooga Booga has announced a $1M raise to support its goal of creating the first liquidity aggregator on Berachain. Funding will be used to build out a suite of advanced tools for seamlessly executing swaps and finding the best price for users.
Core features include:
- Simple Swaps: Routing through multiple liquidity sources with an emphasis on protocols that utilize any one/two-way swap function.
- DCA: Supports time-delayed buy and sell activity for a specific asset through a multitude of smaller orders over a user-defined interval.
- Limit Orders: Order execution based on a set price by matching it with all available Berachain liquidity, bringing CEX-style trading to an on-chain environment.
- Multi-Asset Swaps: Allows for several input/output tokens to be swapped in one atomic transaction.
- Gasless Swaps: Allows users to trade without holding the native gas token (BERA).
Ooga Booga is designed to optimize the user journey, providing an intuitive and capital-efficient means of trading assets with deep liquidity and low slippage.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.