OpenOcean X SafePal Wallet Holder Offering

7 min readMar 30, 2021

We are extremely excited to announce our partnership with SafePal and joining the OpenOcean — SafePal WHO (Wallet Holder Offering) Campaign.

About SafePal & SFP Token

Founded in 2018, SafePal is a cryptocurrency wallet that aims to provide a secure and user-friendly crypto management platform for the masses. It is also the first hardware wallet portfolio of Binance. SafePal provides hardware wallet and software wallet product lines, all paired and managed through the SafePal App, where users can easily store, manage, swap, trade, and grow their crypto wealth. It has integrated with Binance DEX, Binance Spot Trading, and all DApps on Ethererum, BSC, and Tron networks. As the 1st tokenized hardware wallet, SafePal presents a unique token called SFP on the Binance Smart Chain. SFP Token is a BEP-20 utility token that fuels the SafePal ecosystem.

About OpenOcean & OOE Token

OpenOcean is the world’s first DeFi & CeFi full aggregator. OpenOcean finds the best price, no additional fees, and lowest slippage for traders on aggregated DeFi and CeFi by applying a deeply optimized intelligent routing algorithm. OpenOcean also provides users with APIs to support their specific investment strategy, and provide institutional investors with tailor-made user interfaces.

The OOE Token is the protocol governance token of OpenOcean.Finance. Holders of OOE will enjoy many benefits such as having voting rights in the OpenOcean community, lower gas fees, and slippage subsidies. In the future, liquidity mining will be provided, CEX VIP membership, derivatives trading as well as lending. For more information about the $OOE Token, please feel free to visit the following link.

Today we are excited to be apart of WHO (Wallet Holder Offering) with SafePal to reward all the OpenOcean supporters, SafePal supporters, and soon-to-be OpenOcean holders.

Before you start:

Each SafePal Wallet Holder Offering (WHO) is different from one another because every crypto project is inherently different. For the SafePal x OpenOcean Wallet Holder Offering (WHO) campaign, there are two things that you should before joining the campaign:

1. Users need to enter the whitelist in order to participate and claim the rewards from the 800,000 OOE reward pool.

2. The participant limitation is 20,000, meaning only the first 20,000 users who are whitelisted successfully are able to participate in the campaign.

Campaign Timeline:

1. Get prepared for the campaign.

2. Become a Whitelist user (Whitelist snapshot: 1PM UTC, April 1st, 2021).

3. Whitelist users that spread news and join the communities can win additional shares from the tasks by 1PM UTC, April 2, 2021.

4. Complete the OpenOcean Trading Challenge from 1PM UTC, April 1st, 2021 to 1PM UTC, April 3, 2021.

5. Calculation of the results will be announced and the tokens will be credited to qualified participants’ BSC addresses at OOE token issuance day (no confirmed date yet).

How to Participate:

Step 1 Before joining the campaign

  • Download the latest SafePal App from here
  • Set up the SafePal App and create a new wallet in the App.

Step 2 Become a Whitelist user

Wallets that are qualified with the following requirements can be whitelisted and continue to participate in the OpenOcean Trading Challenge:‌

  • The BEP20 address of the wallet is a new address to OpenOcean, which means the address has never traded on OpenOcean before.
  • The wallet is either paired with a SafePal S1 Hardware Wallet, or the balance has 300 SFP.

If your wallet qualifies the requirements, please follow these steps to sign up for the whitelist:

  1. Open the SafePal App;
  2. Click the DApp tab;
  3. Open the “Wallet Holder Offering-OOE” DApp
  4. Select the “Whitelist” task and click “Join Now” to sign up for the whitelist

Step 3 Spread news and join the communities to win additional shares from the tasks

Users who are verified as whitelist users and complete the OpenOcean Trading Challenge are able to win additional shares from the following social tasks:

  • Follow And Retweet

Step 1: Follow OpenOcean & SafePal on Twitter

Step 2: Retweet the official announcement of SafePal x OpenOcean WHO Airdrop along with your unique referral code. Your referral code can be found in the WHO DApp within the App.

Step 3: Come back to the Twitter task within the WHO DApp, paste your RT link into space, and click ‘Complete’.

Step 4: Then you can earn extra 0.2 Shares of the reward pool once you finish the OOE Trading Challenge in Step 4.

Note: The Twitter account must be older than 180 days and have more than 10 followers. For detailed instructions, read the tutorial here.

  • Join The Telegram Communities

Step 1: Open Telegram, search for the “SFPSam_bot”, and click /Start.

Step 2: Follow the instructions and join the OpenOcean and SafePal community.

Step 3: Once joined, open the “Wallet Holder Offering-OOE” DApp in the SafePal App, enter the Telegram task.

Step 4: Click the “Claim Now” button, then you can earn extra 0.2 Shares of the reward pool once you finish the OOE Trading Challenge in Step 4.

  • Super Referral Program

The SafePal Referral Program is a great way to earn WHO airdrop tokens for free by inviting your family and friends.

After a referee enters a referral code, the referrer can earn an extra 10% reward calculated based on the tokens their referees earn from the campaign. Each referee can also earn an extra 0.2 share by completing the OOE Trading Challenge in Step 4.

For more detailed instructions, read the tutorial from here.

Step 4 Complete The OpenOcean Trading Challenge

This is an OpenOcean exclusive task for the registered whitelist users from the SafePal x OpenOcean Wallet Holder Offering Campaign. Requirements are as followed:

  • Users need to use the Whitelist wallet account to complete 4 valid trades using the OpenOcean DApp within the SafePal App
  • The total transaction volume of the 4 orders must be above 100 USDT
  • Among the 4 valid trades, at least one of the buy-in token must be $SFP
  • WBNB/BNB token pair related transactions are NOT counted

A detailed tutorial can be found here. If you encounter any issues surrounding the OpenOcean Trading Challenge, please reach out to the OpenOcean Team at Telegram:

By the time the campaign ends on April 3, 2021, all participants who have successfully finished the OpenOcean Trading Challenge will share the OOE Token reward pool.

The reward token amount each participant receives is calculated based on how many participants are sharing the pool and how many tasks the participants complete. The calculation formula is as follows:

Each Participant’s SFP Reward = [ 800,000 OOE Tokens/ Number Of Total Tasks Completed ] * Number Of Tasks Completed By Each Participant


What is Wallet Holder Offering (WHO)? Why should I participate?

Everything about the SafePal Wallet Holder Offering (WHO) can be learned from our previous announcement.

What is Wallet Holder Offering (WHO)? Why should I participate?

The actual distribution of the OOE rewards will be transferred by the OpenOcean team by the time of OOE listing. There is no confirmed date for the OOE listing event yet.

I have finished a trading challenge, why hasn’t my reward balance changed?

The Trading Challenge will end on April 3rd. Afterward, the team will then be able to collect the statistics and calculate the airdrop rewards for all participants. This might take a few days, hence the rewards for the qualified participants will be credited to users’ accounts on April 5th. Then you will be able to view the credited token results in the “Wallet Holder Offering-OOE” DApp interface.

Please note that the actual OOE rewards will be distributed by OpenOcean to your wallet after OOE is listed.

How many reward tokens does one share equal to in the Holding Challenges?

The reward token amount each participant receives is calculated based on how many participants are sharing the pool and how many tasks the participants complete. The calculation formula is as follows:

Each Participant’s Reward Token = [800,000 OOE / Number Of Total Tasks Completed ] * Number Of Tasks Completed By Each Participant


Risk Warning

Cryptocurrency investment is subject to high market risk. Please invest cautiously. OpenOcean will not be responsible for your investment losses. OpenOcean will not be liable whatsoever for any direct or consequential loss arising from the participation of its activities. Thanks for your support!

OpenOcean reserves the right to disqualify all suspected participants that are botting, front running, or exploiting the Wallet Holder Offering (WHO) mechanism without appeal. Investors also should be mindful that what has been described above surrounding Wallet Holder Offering (WHO) does not represent financial advice.

Not Investment Advice

This activity does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the article’s content as such. OpenOcean does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.

Non Endorsement

The appearance of a third party on OpenOcean and its activities does not constitute an endorsement, guarantee, warranty, or recommendation by OpenOcean. Do conduct your own due diligence before deciding to invest in any third-party projects or use any third-party services.




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