What is Otter Finance?
Otter Finance is a unique cryptocurrency meme, running on the Solana blockchain network. It was launched on 01/11/2021 on the Dexlab platform, as the first decentralized exchange (DEX) for the $OTR token. With its cute mammal-inspired token design, Otter Finance has gained attention from investors and traders worldwide.
Currently, Otter Finance has a fixed supply of 18,000,000,000 $OTR tokens. It follows a tokenomic system, with 25% of the tokens being burned periodically as per the schedule. This system aims to increase the value of the remaining tokens and prevent inflation.
As of the latest update on 05/11/2021, the current supply circulation of $OTR is 107,933,482 $OTR. This information is important for investors and traders to keep track of the market capitalization and the current value of the token.
Otter Finance has gained popularity among investors and traders due to its unique design and strong community support. The fixed supply and token burning mechanism make it an attractive investment opportunity, as it has the potential to increase in value over time.
The Solana blockchain network is known for its fast transaction speeds and low fees, making it an ideal platform for Otter Finance. It ensures that investors and traders can transact with ease, without facing any technical issues or delays.
In conclusion, Otter Finance is a unique cryptocurrency meme, with a fixed supply and token burning mechanism that has attracted investors and traders worldwide. Its cute mammal-inspired design, combined with the Solana blockchain's fast transaction speeds and low fees, make it an exciting investment opportunity. Investors and traders can keep track of the current supply circulation to assess the market capitalization and the current value of the token.
The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.
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