Octopus Network
The Octopus Relay enables appchains’ interoperability with NEAR protocol and Ethereum via the Rainbow Bridge. Additionally, appchains can utilize an out-of-box IBC pallet to connect with any IBC enabled blockchains directly. Thus, assets issued on Ethereum, NEAR, or any IBC enabled blockchain transfer into Octopus Network appchains trustlessly. Conversely, assets issued on appchains can be transferred trustlessly to Ethereum, NEAR, and any IBC enabled blockchain.
Technology
The core of the Octopus Network is the Octopus Relay — a set of smart contracts running on the NEAR blockchain, aka mainchain, that implements the security leasing market. Octopus Network appchains sit on the demand side of the market. They pay rent in their native tokens to lease security from $OCT holders. $OCT holders that delegate their $OCT by staking on appchains have the opportunity to diversify their investment profiles with a wide variety of protocols.
Community
The Octopus Network acts as a meta-community that scaffolds new appchain communities via fundraising, recruiting, know-how sharing, tokenomics design, token listing, and more.
Infrastructure
Infrastructure support for appchains includes testnet, RPC gateway, indexer, block explorer, wallet integration, archive service, and more.
Interoperability
Appchains enjoy out-of-the-box interoperability, including trustless interaction with NEAR, Ethereum, and any IBC enabled blockchains.
Security
The Octopus Relay provides unprecedented flexible and cost-effective leased security. Appchains decide how much security they want and how much they are willing to pay for it.
Services
Appchains in the Octopus Network benefit from being both autonomous blockchains and members of a well-connected network with access to rich services and facilities.
The core of the Octopus Network is the Octopus Relay — a set of smart contracts running on the NEAR blockchain, aka mainchain, that implements the security leasing market.
The Octopus Network is a multichain interoperable cryptonetwork for launching and running Web3.0 Substrate-based application-specific blockchains, aka appchains. The Octopus Network is committed to unleashing a new wave of innovation for Web3.0.
