What Is Ouro ?
Ouro is a project that aims to deduct the inflation of fiat cryptocurrencies. The amount of inflation money will be converted into Ouro and turn it into an inflation-resistant store of value.
Ouro Unique Features
- OURO is the inflation-proof store of value that is 1-1 backed by crypto assets stored in the Reserve Pool
OURO has an arbitrage-based stability mechanism. When assets in the Reserve Pool appreciate, Up to 30% of the excess value will be reserved for an increase in OURO’s Default Exchange Price.
- OGS, or Ouro Governance Share, is used for community governance in Ouro.
When any yield is generated from assets in the Reserve Pool, it will be used to improve liquidity for OGS trading pairs and to conduct OGS token burns. When assets in the Reserve Pool appreciate, at least 70% of the excess value will be used to conduct OGS token burns and the formation of Insurance Pool.
- New OGS will be minted when the Reserve Pool does not have enough assets.
However, new OGS will be minted and used to acquire collateral when the Reserve Pool does not have enough assets to keep a 1-1 peg with issued OURO. Under extreme market conditions, assets stored in Insurance Pool will also be utilized to facilitate the process.
Roadmap
A balanced basket of assets
- Inclusion of more mainstream crypto assets
- Inclusion of inverse index synthetic assets
- Inclusion of synthetic assets pegged to stocks and commodities
Hive intelligence
- Formation of project operations, marketing, and technical chat groups to allow direct community participation in Ouro’s development
- Launch of on-chain community governance
Better user experience
- Allowing users to deposit stablecoins (such as BUSD) to acquire OURO.
- Launch of Ouro Info to make key platform parameters accessible to everyone.
More use case for both OURO and OGS
- Listed on major CEXs for convenience
- Lending product with OURO and OGS integration
- Synthetic asset product with OURO and OGS integration
- Conduct research on enabling private transactions for OURO
Ouro Token Economy
- OURO holders can stake OURO to earn OGS with a 3-month vesting for rewards. One will lose 50% of the rewards to other stakers if he chose to withdraw before the vesting period ends.
- The person who supplies liquidity to the OGS/BUSD pair and hits the monthly LP value target determined by the community will be rewarded heavily.
Detailed Token Metrics
Ouro private Seed price: 0.02$
Ouro IDO Price: $0.025
Token Distribution
- Team: 10%
- Ecosystem Fund: 20%
- Seed Sale: 1%
- IDO: 5%
- Treasury: 19%
- Foundation Reserve: 5%
- Staking Rewards: 10%
- DAO Rewards: 30%
Token Release Schedule
- DAO Rewards: Distributing 5.75% tokens in each month from January 31, 2022 – October 31, 2025.
- Ecosystem Fund: Vesting within 4 years from January 31, 2022 – October 31, 2025.
- Treasury: Lock 5 months, unlock quarterly every year, within 4 years starting from 30/6/2022.
- Team: Lock for 1 year, vesting within 3 years, unlocking starting from June 31, 2023.
- OURO Staking Rewards: Allotted each month starting from January 31, 2022 – October 31, 2025.
- Foundation Researve: Lock for 3 months, unlock and distribute tokens quarterly for the next 3 years.
- IDO: 100% allocation in the first month of 2022.
- Seed Sale: Lock for 5 months, unlock quarterly for the next 3 years starting from June 30, 2022.
Partners & Advisors
Updating…
Team Members
Updating…
Investors
Updating…
