About OCT
The core technology of Octopus Network is trust-minimal blockchain interoperability. Based on that, Octopus Relay, which itself is a set of smart contracts running on NEAR blockchain, provides leased security to appchains, and makes appchains interoperable with NEAR and other appchains. Furthermore, appchains can interoperate with blockchains outside the Octopus Network, either via bridges on NEAR, such as with Ethereum via Rainbow bridge, or they can utilize the out-of-the-box IBC pallet to connect with any IBC enabled blockchains directly.Anyone can provide security to an appchain by staking $OCT tokens in the Octopus Relay. After that, the validator should set up and run a validator node for the appchain, and the node will sync the validator set from the Octopus Relay. Then all validator nodes for one appchain will form a quorum to reach consensus on block production and be rewarded with the appchain native token. If one or more validators act maliciously in the consensus process, any honest node can submit a fraud proof to the Octopus Relay to challenge them. Once the fraud proof is confirmed, the staked $OCT belonging to the malicious actors will be slashed. By this mechanism, an appchain’s security is economically ensured by $OCT staking in the Octopus Relay.
Official Website
Social Media


Frequently Asked Questions
What is the all-time high price of Omnity Convertible Token (OCT)?
Read MoreThe all-time high of OCT was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Omnity Convertible Token (OCT) is 0. The current price of OCT is down 0% from its all-time high.
How much Omnity Convertible Token (OCT) is there in circulation?
Read MoreAs of
, there is currently 100.00M OCT in circulation. OCT has a maximum supply of 100.00M. What is the market cap of Omnity Convertible Token (OCT)?
Read MoreThe current market cap of OCT is 5.59M. It is calculated by multiplying the current supply of OCT by its real-time market price of 0.055916263329.
What is the all-time low price of Omnity Convertible Token (OCT)?
Read MoreThe all-time low of OCT was 0
, from which the coin is now up 0%. The all-time low price of Omnity Convertible Token (OCT) is 0. The current price of OCT is up 0% from its all-time low. Is Omnity Convertible Token (OCT) a good investment?
Read MoreOmnity Convertible Token (OCT) has a market capitalization of $5.59M and is ranked #1495 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Omnity Convertible Token (OCT) price trends and patterns to find the best time to purchase OCT.