Home » OpenOcean’s Arbitrum S.T.I.P.: Unlock 50% Off Gas on Trades & Earn Up to 45% Extra Rebates

OpenOcean’s Arbitrum S.T.I.P.: Unlock 50% Off Gas on Trades & Earn Up to 45% Extra Rebates

Experience efficient trading with OpenOcean's Arb Rebate Program – 50% gas fee rebate awaits savvy traders!

by Isaac lane
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OpenOcean, a leading DEX Aggregator and cross-chain swap aggregator is introducing the Arbitrum S.T.I.P. Program, offering a remarkable 50% rebate on gas fees for swaps, coupled with competitive market swap rates. OpenOcean’s Arbitrum S.T.I.P is designed to enhance trading efficiency and reduce costs for opportunistic traders, market makers, and arbitrageurs seeking a robust trading experience on Arbitrum.

Key Program Details:

  • Gas Fee Rebates: Participants can receive up to 50% back on gas fees for swaps, limit orders, and API transactions, providing substantial savings.
  • User-Friendly Platform: Trading on the OpenOcean platform or through its API is easy, ensuring seamless access for participants.
  • Generous Allocation: OpenOcean has allocated 35% of its total grant to trading cost rebates, aiming to incentivize growth and welcome new users to the ecosystem.
  • Transparency and Monitoring: Participants can easily monitor their accumulating rebates on the Rewards Claim Page, ensuring transparency and accessibility.
  • Attractive Limits: During the second epoch, participants can enjoy up to 20,000 ARB in rebates, with individual account caps set at 200 ARB.

Second Epoch Details:

  • Duration: December 22, 2023, to January 22, 2024 (EST)
  • Claiming Rewards: Post-epoch via the Rewards Claim Page (a minimum of 10 $OOE required for claim eligibility)
  • Commission Distribution: Calculated monthly in $ARB
  • Rewards Collection Deadline: The reward claiming will end 15 days after the completion of all OpenOcean S.T.I.P. campaigns.

Empowering the Arbitrum Ecosystem: Participating in the Arbitrum S.T.I.P. Program not only benefits individual traders but also contributes to the growth of the entire Arbitrum DeFi ecosystem. OpenOcean, with its advanced routing capabilities, enhances liquidity and trading volumes across all DEXs in the Arbitrum network.

How to Participate:

  1. Visit OpenOcean’s Arbitrum Campaign Page.
  2. Switch to the Arbitrum network and connect your wallet.
  3. Your unique referral link will be auto-generated in the ‘Referral Incentive’ section.
  4. Share your link to invitees for a 5% gas fee rebate on every transaction and an additional 50% swap rebate from OpenOcean’s Arbitrum S.T.I.P. Rebates.

Referrer Commission Tiers (Second Epoch):

  • Tier 1 (Bronze): Up to $50,000 trading volume – 10% commission.
  • Tier 2 (Silver): $50,001 to $250,000 trading volume – 15% commission.
  • Tier 3 (Gold): $250,001 to $1,000,000 trading volume – 30% commission.
  • Tier 4 (Platinum): Above $1,000,000 trading volume – 45% commission.

Referee Incentives:

  • A 5% gas fee rebate for every transaction on Arbitrum.
  • Referrers earn commissions directly from the transaction gas fees of their referrals.

Reward Caps:

  • Account Rewards Cap: 200 ARB per address.
  • Monthly Campaign Rewards Cap: 22000 ARB for all participants.

OpenOcean aims to close the year by fostering growth, welcoming new users, and curating an ecosystem of diverse participants. Stay tuned for more exciting campaigns about cross-chain, referrals, and API coming soon!

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