# Welcome to OpenFi

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## About

[**OpenFi**](https://openfi.pro/) is a decentralized spot and perpetual exchange owned by DAOs.

Its core is a solution for protocols on [**ZkSync**](https://zksync.io) to properly incentivize liquidity for their own use cases. Building on top of the groundwork laid out by Solidly, our team has addressed that first iteration's core issues to realize its full potential.

OpenFi is a decentralized spot and perpetual exchange that operates on a vast scale, providing traders with low swap fees and zero-price impact trades. The platform's trading capabilities are bolstered by a diverse multi-asset pool, which earns liquidity providers fees through market making, swap fees, and leveraged trading.

* The Protocol owns the liquidity of the new generation DEX
* Supports swaps and leveraged trading
* $OPEN: endorses assets and holds a warrant as a Treasury asset&#x20;
* $NEC(NECTAR): acts as the protocol contribution token and it is used to administer the contract

{% hint style="info" %}
Before using Open Finance, you are required to read and agree to our [<mark style="color:blue;">legal disclaimer</mark>](https://openfi.gitbook.io/openfi/appenix/legal-disclaimer).
{% endhint %}

## Resources

* Website: <https://openfi.pro/>
* Beta Testing Website: <https://beta.openfi.pro/>
* Twitter: <https://twitter.com/Openfi_Dao>
* Medium: <https://medium.com/@Openfi_Dao/>
* Discord: <https://discord.com/invite/AMaZddFKas>
* View Docs:<https://openfi.gitbook.io/openfi>
* Snapshot：<https://snapshot.org/#/openfi-pro.eth>
