0xDAO (OXD) Token What is it, how to buy and price?

0xDAO (OXD) Token What is it, how to buy and price?

Crypto Market
January 25, 2022 by bestbitcoinmarket
3
In this article, we will discuss information about the 0xDAO project and the OXD token. What is 0xDAO (OXD)? What is the 0xDAO token? What is the OXD token? Since then, Fantom has seen increased interest from protocols looking to launch or migrate to Fantom. While this has been a net benefit to the Fantom
oxdao.png

In this article, we will discuss information about the 0xDAO project and the OXD token. What is 0xDAO (OXD)? What is the 0xDAO token? What is the OXD token?

Since then, Fantom has seen increased interest from protocols looking to launch or migrate to Fantom. While this has been a net benefit to the

Fantom Foundation

, a new phenomenon has begun to emerge, one that seeks to bootstrap purpose-built, capital-intensive DAOs for incredibly short periods of time, specifically, the veDAO .

While there is nothing wrong with purpose-driven DAO startup, it directly and indirectly exposes our home builders and community members to the dangers of short-term cash thefts by unknown teams with unknown sponsors, exposing users to high-risk systems and potentially malicious actors.

The premise of 0xDAO

we create

0xDAO

to combat the emergence of short-term veDAOs designed to steal liquidity from dedicated Fantom builders. We believe that their greedy short-term value propositions are dangerous to our network growth and would like to present a community-focused alternative with a coalition of proven developers and achievable long-term goals.

0xDAO

it is being launched by founders of some of the most successful projects in Fantom, and is designed to capture long-term value for the entire Fantom ecosystem.

the components of

0xDAO

are summarized below:

  1. Token distribution model


Fair release, no pre-mining, 0% shared development

2. Decentralized Treasury Management

The team has decided not to generate initial liquidity for OXD; but instead to publicly initiate the liquidity of zero . This means that, at the time of launch, there will be significant volatility in the price of the token and will be prone to significant price movements. Inexperienced users should not attempt to swap the token at launch time.

Merienda trading begins, the proceeds raised from the five (3.3) issue-based vote will be redistributed between the treasury and stakeholders. The OXD utility will serve as a liquid voting proxy for

Andre Cronje

SolidSwap Protocol , assuming

0xDAO

you can make it to the Top 20 and receive an NFT with voting power. OXD holders will be able to bet and then vote on how the voting power should be used, i.e. which pairs to incentivize.

OXD holders will be able to vote on how the treasury is allocated, including (but not limited to) the purchase of other tokens from the ecosystem through a classic pegging mechanism used by Olympus Dao. We anticipate that as more voting power is acquired by

0xDAO

through their treasury: other protocols will be willing to incentivize liquidity with ve(3,3) and will seek to bribe 0xDAO participants (i.e. OXD holders). Plus,

0xDAO

decentralized treasury management; potential for profit capture through various means of income generation, could serve to grow

0xDAO

holdings of ve(3,3) over time.

The objective of

0xDAO

is to provide a fully decentralized infrastructure, maximizing profits, caudal efficiency, and voting power for

0xDAO

, creating a free market for established protocols on Fantom seeking to increase liquidity.

The model can be summarized below:

treasury management plan

3. Tokenomics and launch stats

  • a total supply of 2 billion;
  • emissions of 1000 OXD/second;
  • full supply of OXD is issued in 23 days from launch; Y
  • target release date/time: Friday, January 21, 2022 approx. 15:00 (EST).

At launch time, users will be able to participate in a fair launch via an ‘Initial Participation Offer’ or ‘ISO’ that will last for 1 hour. The participation groups available at launch will be:

The cattle treatment

Keep in mind: the OXD-USDC group it will open 1 hour after launch (ie when the ISO is complete).

Merienda the total offer has been reached, the income will be generated solely from the assets that the

0xDAO

treasury keeps.

0xDAO

it will capitalize on its early acquisition and accumulation of ve(3,3) tokens to generate revenue through captured fees and bribes from other protocols.

4. Governance

The decision-making function of 0xDAO will rest with the community, 100%. “ OXD ” will serve as the protocol’s utility token, allowing holders to participate in on-chain voting.

OXD holders will be able to participate in decision-making, including the sale of the ve(3,3) airdrop and the distribution of funds to OXD holders.

5. Resources

Multisignature wallet address: 0xa96D2F0978E317e7a97aDFf7b5A76F4600916021

Masterchef (not implemented yet), but the code cojín is available here: https://github.com/0xDAO-Protocol/farm

Token contract: 0xc165d941481e68696f43EE6E99BFB2B23E0E3114

Group 2: 0xD5fa400a24EB2EA55BC5Bd29c989E70fbC626FfF

farms

OXD-USDC: 0xD5fa400a24EB2EA55BC5Bd29c989E70fbC626FfF

wFTM: 0x21be370D5312f44cB42ce377BC9b8a0cEF1A4C83

ETH: 0x74b23882a30290451A17c44f4F05243b6b58C76d

BTC: 0x321162Cd933E2Be498Cd2267a90534A804051b11

USDC: 0x04068DA6C83AFCFA0e13ba15A6696662335D5B75

DAI: 0x8D11eC38a3EB5E956B052f67Da8Bdc9bef8Abf3E

ME: 0x82f0B8B456c1A451378467398982d4834b6829c1

xBOO: 0xa48d959AE2E88f1dAA7D5F611E01908106dE7598

xSCREAM : 0xe3D17C7e840ec140a7A51ACA351a482231760824

xCREDITO: 0xd9e28749e80D867d5d14217416BFf0e668C10645

LQDR: 0x10b620b2dbAC4Faa7D7FFD71Da486f5D44cd86f9

xTAROT: 0x74D1D2A851e339B8cB953716445Be7E8aBdf92F4

GRAVE: 0x6c021Ae822BEa943b2E66552bDe1D2696a53fbB7

FROTS: 0xfcef8a994209d6916EB2C86cDD2AFD60Aa6F54b1

Disclaimer / Health Warning

The

0xDAO

The platform (the » Platform «) may not be available or suitable for use in all jurisdictions. By accessing or using the Platform, you agree that you are solely and entirely responsible for compliance with all laws and regulations that may apply to you. You further agree that

0xDAO

has no obligation to inform you of any liability or violation of laws or regulations that may arise in connection with your access to and use of the Platform and that we are not responsible in any respect for your failure to comply with applicable laws or regulations. regulations (as applicable).

You expressly agree that you bear all risks in connection with your access to and use of the Platform. Furthermore, you expressly waive and release us from all liability, claim, cause of action, or damage arising out of or in any way related to your access to and use of the Platform, including, without limitation, loss of funds, exploits, or failure. catastrophic.

You expressly understand and agree that your use of the Platform is at your sole risk. We make and expressly disclaim all representations and warranties, express, implied or statutory, and with respect to the Platform and proprietary or open source code, we specifically make no representations or warranties and expressly disclaim any representations or warranties, express, implied or statutory, including, but not limited to, representations or warranties of title, non-infringement, merchantability, use, safety, suitability or fitness for any particular purpose, or as to the workmanship or technical coding thereof, or the absence of any defects in it, whether latent or patent. The Platform is provided on an “as is” and “as available” basis, without warranty of any kind, either express or implied, including, but not limited to, the implied warranties of merchantability, fitness for a particular purpose, or non-infringement. You acknowledge that no advice, information or statement made by us should be treated as creating any warranty with respect to the Platform.

We do not endorse, guarantee or assume any responsibility for any advertisements, offers or representations made by third parties regarding the Platform.

How to buy 0xDAO (OXD) Token?

At the moment 0xDAO (OXD) Token can only be purchased at MEXC Completo, so we will leave you the tutorial on how to buy it.

The first of all will be to be registered, so we leave you the link below:

REGISTRATION IN MEXC GLOBAL

First step to buy 0xDAO (OXD) Token : Buy USDT

Here we can do two things, we can transfer USDT from another Exchange, such as Binance or Gate, to give examples; or directly buy USDT in Mexc Completo and that we will explain in this tutorial.

  • To buy USDT or another asset to exchange for LUNR token, we have to go to «Trade»-«Credit or debit card» or if you have the platform in English «Trade»-«Credit Card».

lunr token

  • Then another screen will appear where we will have to select the currency with which we want to buy and the asset we want to buy, in our case it will be EUR and USDT.

lunarcrush lunr token

  • We follow the steps that they indicate, we put our card and we buy.

Second step to buy 0xDAO (OXD) Token: Exchange OXD for USDT

Now what we have to do is go to «Trade»-«SPOT» and click on it, as I show you in the following image.

lunarcrush

Now we will jump to another page in which on the right we will have a search box in which we will search for “OXD” and select the PAIR “OXD/USDT” and click on it.

0xDAO (OXD) Token

Now we will get the following screen where we will have to put the amount of USDT that we are going to exchange for 0xDAO (OXD) Token and that’s it.

Add a comment