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Ouro Governance Share
1. Summary
- Price
-
$0.000004240000 0.0%
- Market Cap
- $0.00 (#10716)
- Supply
- /
- Description
-
Project Overview
Project Overview
Ouro Governance Share (OGS) is an essential component of the Ouro ecosystem, focusing on creating an inflation-proof store of value system on the Binance Smart Chain (BSC). This system employs Peer-to-Pool asset swaps.
Mechanisms
- Stability Mechanism: Ouro utilizes an arbitrage-based stability mechanism. When assets in the Reserve Pool appreciate, up to 30% of the excess value is reserved for an increase in OURO’s Default Exchange Price.
- Community Governance: OGS plays a vital role in community governance within Ouro.
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Yield Distribution:
- Yield generated from Reserve Pool assets is used to improve liquidity for OGS trading pairs and conduct OGS token burns.
- When Reserve Pool assets appreciate, at least 70% of the excess value is used for token burns and forming the Insurance Pool.
- New Token Minting: New OGS tokens are minted when the Reserve Pool lacks sufficient assets to acquire collateral or maintain a 1-1 peg with issued OURO.
- Backed Issuance: All OURO issued are backed by crypto assets in a 1-1 fashion, ensuring no price fluctuation concerns.
Price | |
52W High price | $0.000486740900 |
52W High date | 21st Jan 2023 (2 years ago) |
All Time High (ATH) Date | 15th Sep 2024 (5 months ago) |
All Time Low (ATL) Date | 15th Sep 2024 (5 months ago) |
Supply & Trading Volume |
How does Ouro Governance Share's () performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
%
51,626.9%
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
Reddit Subscribers | |
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Active Reddit Users (past 24h) | |
Discord users | 7,523 |
Active Discord Users | 29 |
Telegram Users | 3,228 |
Twitter followers | 22,815 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
Website | https://ouro.finance/ |
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Explorer | https://bscscan.com/token/0x37a6a7c2EE5E58d38Aa0fa... |
@OuroStable |
What is the correct contract address for Ouro Governance Share?
Binance-smart-chain | 0x416947e6fc78f158fd9b775fa846b72d768879c2 |
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Has Ouro Governance Share been audited for security?
No security audits found for this project.
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