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.