Ouro Governance Share

Ouro Governance Share

OGS
$0.00047511%0.54

Key Metrics

Price$0.00047511
Real Volume (24H)$4.86
MarketcapN/A
Fully Diluted Valuation$474,868
ATH$0.058809
ATH Date1/6/2022, 4:26:52 PM
ATL$0.00046336
ATL Date7/14/2022, 12:58:25 AM
Circulating SupplyN/A
Total Supply1B
WebsiteN/A
WhitepaperN/A
Popularity RankN/A
Chart
What is Ouro Governance Share?


Ouro is a promising project that aims to establish an inflation-proof store of value system on the Binance Smart Chain (BSC) through its unique Peer-to-Pool asset swap feature. The platform is designed to counteract the negative effects of fiat inflation by migrating the growth of the value of crypto assets onto OURO, ensuring that it remains inflation-proof against the US dollar.

One of the key features of Ouro is its arbitrage-based stability mechanism. This mechanism is triggered when assets in the Reserve Pool appreciate, and up to 30% of the excess value is reserved for an increase in OURO's Default Exchange Price. This ensures that the value of OURO remains stable, even as the value of other crypto assets fluctuates.

To ensure that the community has a say in the development of the platform, Ouro has introduced the OGS token, which is used for community governance. 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. This not only helps to ensure that the OGS token remains valuable, but it also ensures that the platform remains stable.

In addition, 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 the Insurance Pool. This helps to protect the platform against potential losses and ensures that the OGS token remains a valuable asset for the community.

To maintain the 1-1 peg between issued OURO and the crypto assets in the Reserve Pool, new OGS tokens will be minted when the Reserve Pool does not have enough assets to acquire collateral. This ensures that the platform always has enough assets to back the OURO tokens, providing a sense of security and stability to users.

With Ouro, users can rest assured that their investments are backed by crypto assets in a 1-1 fashion, eliminating the need to worry about price fluctuations. This makes it an ideal platform for those looking for a secure and stable store of value on the BSC.

In conclusion, Ouro is an exciting project that has the potential to revolutionize the way we think about store of value systems. Its unique Peer-to-Pool asset swap feature, coupled with its arbitrage-based stability mechanism and community governance through the OGS token, make it a promising platform for those looking for stability and security in the world of crypto.

Disclaimer

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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