OreoSwap (OREO) is the native token of OreoSwap, the first DeFi platform that provides both AMM and integrated NFT Farming on Arbitrum blockchain network. OreoSwap provides automated, blazing fast and all-round solution for the DeFi industry. OreoSwap is based on its own blockchain.
The token has a maximum supply of 90,000,000. As of December 27, The OreoSwap price is $0.2575 with a 24-hour trading volume of $95.04 USD.
OreoSwap (OREO) Tokenomics
$OREO Token and Use case
OREO token is designed as a key to access features on the platform. The OREO token is a deflationary token that uses a Proof of Stake consensus algorithm and it is regulated by a token burn and buyback strategy. The success of major protocols depends on how valuable the features they offer are and how much users are attracted to the liquidity of their protocol.
Here is a summary of some of the utilities of the token:
- Pay a 0.25% fee on every transaction
- Participate in the liquidity pools
- Participate in staking, yield farming and NFT exchange
- Cast votes and participate in the governance of the platform
What is the OreoSwap Project?
OreoSwap is a dedicated Decentralized Exchange (DEX) and a staking platform where users can provide liquidity to the DEX, trade different types of assets in a decentralized way and get rewarded for doing so. The platform is created without the flaws of existing approaches, enabling proper money markets to function, and creating a safe positive-yield approach to the liquidity provided by platform members.
OreoSwap aims to provide a comprehensive decentralized financial service – DEX (Swap), Staking and Liquidity pool using OreoSwap token (OREO), the native token of the ecosystem in a decentralized, safe, environmentally friendly way with low transaction fee.
Apart from this, the platform is created with multiple unique features such as DEX Smart Trading, NFT Intergration and DAO Governance. With these features, OreoSwap is set to change the narrative of the industry and redefine the DeFi experience of users.