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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
- 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
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) TokensThe 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.
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.
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.
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