Earn $REF With The Octopus Network Launch On Skyward Finance!

See how many tentacles of the octopus you can grab on to for the fair token launch!

Ref Finance
2 min readAug 20, 2021

Ref Finance is excited to announce that Octopus Network is launching its upcoming IDO for 2.5% of the $OCT token supply on Skyward Finance between August 22–29!

Skyward Finance was chosen by Octopus for its ability to enable fair token distribution and price discovery for projects built on NEAR Protocol.

Skyward Finance provides mechanisms for initial price discovery and token distribution through streaming time-based auctions that are accessible to the general public in a decentralized way — while being resistant to front-running, price manipulations, and sybil attacks.

Stake your $OCT on Ref Finance

$OCT will be available on Ref Finance shortly after the IDO, so you can stake your new asset in our liquidity pools!

$REF tokens will be provided as rewards for liquidity providers in the $OCT/$NEAR pool on the RefFinance DEX within the next couple of weeks.

What is Octopus Network?

Octopus Network is a brand new multichain cryptonetwork born to bootstrap and run application-specific blockchains, aka appchains.

Octopus Network will be unleashing an innovation wave on Web3.0 accessible to all Substrate developers and Web3.0 teams by providing flexible leased security, out-of-box interoperability, one-stop infrastructure, and a ready-to-be-engaged community.

Octopus Network’s advantages over Polkadot, Kusama, and Cosmos, is its ability to remove the economic barriers to Web3.0 innovation.

What is $OCT?

$OCT, the native token of the Octopus Network, is a fungible, non-inflationary token with three primary utilities:

  • Governance
  • Collateral to guarantee appchain security
  • Endorsing appchain candidates by upvoting them in the candidate queue

Make sure you are following us on Twitter for the latest news and announcements, and do make sure you join our Discord or Telegram for deeper levels of engagement with our Team and Community.



Ref Finance

Ref Finance is the starting point to the NEAR Ecosystem with a leading AMM & a synchronous #DeFi Shard.