Hello everyone welcome back from vacation The staking period (a margin verification method) for Ouro on Impossible Launchpad has expired, the $14 million IDIA token margin has been secured.
The market for stable coins is growing. Fei Protocol, Olympus DAO (OHM), Frax, Origin Dollar, Reflexer, Wonderland (Frog Nation), and KlimaDAO are all prominent platforms. Huge success in 2021 through Ethereum Polygon and Avalanche with TVL (Total Value Locked) worth nearly $3 billion. We strongly believe in building strength. Stability in a world full of volatility, which Ouro himself has been aiming for starting with Binance Smart Chain (BSC).
Today, the Venus platform has more than $2 billion in TVL lending, but only $65 million in guaranteed stable coin prices, which cannot be fixed at $1. (Currently around 85 cents) We are confident that BSC still needs a strong defi platform. It can be exciting to create liquidity and incentives for Ouro participants.
Latest Timeline
– Trading period 03/01/2022 02:00 PM (UTC) until 04/01/2022 02:00 PM (UTC)
Subscriptions will be open to eligible users for approximately 24 hours, with the option to purchase OGS tokens for the amount allocated during the staking period. Those who do not make purchases will be disqualified.
– Token Receiving Period Expected to be 06/01/2022 12:00 PM (UTC) Buyers will be able to get their own OGS tokens at Impossible Launchpad.
– Buying and selling tokens Trading will begin on 06/01/2022 12:00PM (UTC), details will be announced via Ouro’s Twitter account.
token distribution
Users will be able to purchase and claim OGS token allocation on Impossible Launchpad.
Buy-back to guarantee the price
Ouro pledges to buy back OGS tokens when the price is 50% below the public sale price, which can be bought 6 months after the tokens have been listed.
Mechanism : We will use features from OpenSwap which will be explained further as we approach the buyback period.
Ouro Platform Launch
The platform will be officially launched shortly after the token acceptance period, which allows users to farm OURO stablecoin by using OGS or placing LPs.
Official Link
IDO#7: Ouro Token Sale details — link
OGS BSC smart contract address: 0x416947e6fc78f158fd9b775fa846b72d768879c2
IDIA BSC smart contract address: 0x0b15Ddf19D47E6a86A56148fb4aFFFc6929BcB89
Website improvement details
We would like to thank the community for the feedback received during the testing period. The Ouro website has been optimized for the user experience. The details are as follows.
– Annual Non-Compounding Return (APR) has been adjusted to be more accurate.
– reward in real time
– User-friendly interface, easier to use
– Buttons for selecting max and unstake
– Button for directions to the LP page on pancakeswap
– OURO and OGS contract address on loan page, etc.
Let’s make the impossible together!
About Ouro
Ouro focuses on building an inflation-proof system with stable coins on the BSC, offering a peer-to-pool asset exchange.
About Impossuble Finance
Impossible Finance is an incubator launchpad and swap platform, offering a product-focused ecosystem supporting entry-level blockchain projects. Backed by key leaders in the crypto industry, Impossible Finance simplifies DeFi for users to enjoy fairer investments. cheaper trading and better returns
refer : LINK