Ouro

Ouro

Ouro aims to create an inflation-proof store of value system on BSC, featuring Peer-to-Pool asset swaps. The project derives fiat inflations manifested in the growth of the value of crypto assets and migrates them onto OURO, making it inflation-proof against the USD. 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 to acquire collateral when the Reserve Pool does not have enough assets to keep a 1-1 peg with issued OURO. All OURO issued are backed by crypto assets in a 1-1 fashion. No need to worry about price fluctuation..

Start Time
2022-01-02
End Time
2022-01-04
Featured
Yes
Status
Active


Related ICOs

A list of related initial coin offerings (ICOs). The following list contains the top latest ICOs and new token crowdsales for crypto investors, as well as this list provides a glimpse overview to indicate which ICO is a suitable/worthwhile for an investment.

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.