An introduction to Ooga Booga

Ooga Booga: Berachain’s native liquidity aggregator

In the blockchain world, Berachain is striving to become the most capital-efficient L1 blockchain in existence, and it has attracted much attention with its new liquidity proof consensus model. As Berachain's native liquidity aggregator, Ooga Booga is like a shining pearl, and it has a vital mission in this ecosystem. Its goal is to become the core of all transaction execution facilitation, and its potential market size is equivalent to the total number of users on the chain, bringing users an unprecedented trading experience.

Rich sources of liquidity

Ooga Booga is committed to integrating interesting and non-standard sources of liquidity into its routing algorithm. This includes unique mechanisms such as wrapping and unwrapping of tokens, depositing and receiving voucher tokens from money markets, minting and redeeming stablecoins, etc. Contrary to popular belief, AMMs are not the only thing that can be integrated into a DEX (decentralized exchange) or liquidity aggregator. Ooga Booga's integration of irregular liquidity sources presents unique opportunities for users or interactors of the protocol. Whether it is a stablecoin decoupling event or a large-scale cascading liquidation event that causes a cascade of mispricing in the Berachain ecosystem, users have the potential to benefit.

Unlock endless possibilities

In this blockchain field full of challenges and opportunities, Ooga Booga, with its innovative ideas and powerful functions, has opened a door to a whole new world of transactions for users. It is not only a tool, but also a platform full of infinite possibilities, waiting for users to explore, discover, and take advantage of the opportunities, and jointly write a new chapter in blockchain transactions.

Tutorial Start

Territorial waters

Receive testnet tokens (mainnet requires 0.001ETH balance)

Portal: https://bartio.faucet.berachain.com/

After coming in:

  1. Fill in the ETH address

  2. Click Drip

3. Successful water management

Trade

Portal: https://app.oogabooga.io/

After coming in:

  1. Link Wallet

  2. Choose BERA

  3. Choose OOGA

  4. Enter any number

  5. Click SWAP and complete the signature in the wallet.

In this step, if you have money, you can SWAP a few more tokens. This project currently has very few functions, so it is always good to have more TX

Stake

Portal: https://app.oogabooga.io/stake

After coming in:

  1. Link Wallet

  2. Enter any amount

  3. Click Allocate and complete the signature in the wallet.

  4. After the deposit is successful, you can also collect the pledge rewards from this interface from time to time

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