Since its establishment, the OORT Foundation has always been committed to promoting innovation and change in the blockchain ecosystem. Every step of progress is not only an exploration of technology, but also a commitment to the future. This article will delve into the latest developments and future plans of the OORT token, revealing its importance in the blockchain field.
Recent updates
Token Listing: The OORT Foundation has recently been successfully listed on major exchanges Bitget and Gate.io, marking that we have not only achieved a smooth token launch, but also received strong support from the community. This important moment is not only the starting point of the OORT ecosystem, but also the beginning of our broad vision. By being listed on these well-known platforms, our tokens gain greater exposure and liquidity, laying a solid foundation for future development.
Community Growth | Global Footprint, Local Impact: OORT’s user base performs well in the EU, reflecting our platform’s global appeal and universal value proposition. The growth in geographic diversity not only illustrates the relevance of our platform, but also demonstrates the growing global interest in blockchain solutions. We are committed to establishing local influence in different markets to meet the needs of different users.
Ecosystem | Strengthening partnerships in the Web3 field
With the launch of mainnet, our partnerships in the Web3 space have also grown significantly. These collaborations are not only the accumulation of numbers, but also a reflection of the deep integration and mutual reinforcement of our ecosystem. Through collaboration with other projects, we are paving the way for a more connected and decentralized web. This collaboration will help enhance user experience and the overall value of the platform.
Coming Soon | Edge Devices Transition to Mainnet: Our edge devices will smoothly transition to the Olympus Protocol mainnet on February 19, 2024. This measure is crucial to improving the functionality and user experience of the ecosystem, providing a stronger and more secure foundation for users and their transactions. We believe that this transition will bring a smoother operating experience to users and enhance overall network security.
Commitment to edge node miners
To give back to our edge node miners, we’ve launched an update program designed to not only extend the partnership, but deliver improvements. We will implement a deflation mechanism, including the quarterly buyback of OORT tokens with a buyback ratio of up to 30% of licensing fees and product revenue, to ensure a sustainable and value-driven ecosystem. This measure demonstrates our commitment to transparency and contributor value.
Coming Soon | OORT Earn: A Milestone of Utility and Growth: The launch of OORT Earn is a milestone event, we will burn over 1 million OORT tokens (approximately 2% of the circulating supply), this process will be available at addresses 0x000000000000000000000000000000000000000000000000000000000000000000000000000000000000 00000000000000000000000000000000000000000000000000000000000000000000 This not only demonstrates the utility of our token, but also demonstrates our dedication to the growth of our community and ecosystem. OORT Earn represents an important step towards our goal of creating real value and utility for our users.
An in-depth analysis of token economics
OORT Earn: OORT Earn offers OORT token holders an exciting opportunity to earn rewards by staking their tokens. The following is the specific content of OORT Earn:
Staking and Earning: Users can lock OORT tokens to earn annualized yield (APY), which is like earning interest on their cryptocurrency savings.
Additional airdrops: In addition to earning interest, users can also obtain special airdrop qualifications by staking tokens.
Through OORT Earn, users can not only earn income by staking tokens, but also participate in the growth of the ecosystem. As the community continues to grow, the value and utility of OORT tokens will continue to increase.
in conclusion
The OORT Foundation’s journey is full of challenges and opportunities. Through token listings, community growth, and ecosystem strengthening, we are moving towards building a more connected blockchain world. In the future, we will continue to be committed to innovation and cooperation to ensure the important position of OORT tokens in the global blockchain ecosystem.
With the launch of OORT Earn and the transition of edge devices, we believe that OORT tokens will bring more value and opportunities to users. Let us look forward to the future of the OORT Foundation together and witness every step of this exciting journey.