Market Cap: $2.2043T 0.58%
Volume(24h): $56.8553B 3.76%
Fear & Greed Index:

39 - Fear

  • Market Cap: $2.2043T 0.58%
  • Volume(24h): $56.8553B 3.76%
  • Fear & Greed Index:
  • Market Cap: $2.2043T 0.58%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top Cryptospedia

Select Language

Select Language

Select Currency

Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos

What is the issuance amount of Oasys (OAS) coins?

With a capped issuance of 10 billion OAS coins, Oasys strategically distributes tokens among various stakeholders, including investors, strategic partners, the community, and the Oasys Foundation.

Dec 19, 2024 at 06:19 am

Key Points:
  • Understanding Oasys (OAS) Tokenomics
  • Oasys (OAS) Token Issuance Amount
  • Distribution of Oasys (OAS) Tokens
  • Role of Oasys (OAS) Token in the Ecosystem
  • Frequently Asked Questions
What is the Issuance Amount of Oasys (OAS) Coins?

Oasys (OAS) is the native token of the Oasys blockchain, a high-performance, proof-of-stake (PoS) network designed specifically for gaming and metaverse applications. The total issuance amount of Oasys (OAS) coins is capped at 10 billion, with an initial circulating supply of 1 billion coins.

Distribution of Oasys (OAS) Tokens

The distribution of Oasys (OAS) tokens follows several key phases:

  • Seed Round (15%): 1.5 billion OAS tokens allocated to early investors and contributors.
  • Strategic Round (10%): 1 billion OAS tokens reserved for strategic partnerships and ecosystem development.
  • IDO (10%): 1 billion OAS tokens available through various initial decentralized offerings (IDOs).
  • PlayMining (5%): 500 million OAS tokens dedicated to the PlayMining ecosystem, a game-fi platform.
  • Foundation (20%): 2 billion OAS tokens owned by the Oasys Foundation for ecosystem support and long-term development.
  • Team & Advisors (15%): 1.5 billion OAS tokens granted to the Oasys team and advisors for their contributions.
  • Liquidity (10%): 1 billion OAS tokens designated for providing liquidity on exchanges.
  • Community (10%): 1 billion OAS tokens reserved for community incentives, such as staking rewards and airdrops.
  • Ecosystem (10%): 1 billion OAS tokens for future ecosystem development and expansion.
Role of Oasys (OAS) Token in the Ecosystem

OAS plays a crucial role within the Oasys ecosystem:

  • Governance: Holders of OAS tokens govern the Oasys protocol through on-chain voting.
  • Staking Rewards: Users can stake OAS to earn rewards and secure the network.
  • GameFi: OAS is utilized as the in-game currency and rewards token within Oasys-powered blockchain games.
  • NFT Marketplace: OAS serves as the payment method on Oasys NFT marketplaces.
  • Transaction Fees: OAS is used to pay for transaction fees on the Oasys network.
Frequently Asked Questions

Q: Can the total issuance amount of OAS coins be increased in the future?A: No, the total issuance amount of OAS coins is capped at 10 billion and cannot be altered.

Q: How can I purchase OAS tokens?A: OAS tokens can be purchased through various cryptocurrency exchanges, such as KuCoin, Gate.io, and Bitget.

Q: What are the long-term plans for the OAS token?A: The Oasys Foundation plans to implement deflationary measures to maintain the value of OAS tokens, including burning mechanisms and staking rewards.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Related knowledge

See all articles

User not found or password invalid

Your input is correct