Launchpad: OneStake ($OST) Token Sale
On 21 April 2022, the OneStake token will be available for purchase from the Seedling platform. Investors on Seedling will join the Seed Token Sale selling at a valuation of $0.5 per token. That’s a 66.66% discount compared to their IDO price.
The OneStake Seed Token Sale will go online at 8 AM UTC on the 21st of April 2022. It will last 3 days in total.
The first 2 days participation to this IDO is reserved to those with allocation. This is the first IDO with locked allocation. You can review the modalities of investment with Seedling’s new system here:
locking their SDLN tokens. The more tokens you lock, and the longer you lock them for, the higher your allocation…
On the third day we will allow anyone to contribute until the tokens run out, or 72 hours have passed — whichever is sooner.
150,000 $OST are available for purchase at $0.5 each. This token’s sale hard investment target is $75,000.
All major stablecoins on the multiple blockchains are accepted:
- Binance Smartchain: BUSD, USDT, USDC, DAI
- Fantom: fUSDT, USDC, DAI
- Polygon: USDT, USDC, DAI
- Avalance: USDT, USDC, DAI
Register your interest
What is OneStake?
OneStake is a yield aggregator protocol that allows you to get the highest APR among all DeFi protocols that have been whitelisted through the DAO.
OneStake solves every problem for the average or professional DeFi user, from finding new secure high APR protocols to rebalancing and reinvesting profits.
The DAO is whitelisting the protocols and assets that OneStake will interact with. Assets from each group are aggregated into one pool. So, the protocol will have three pools: stablecoin, bitcoin, and ether. Each of these pools will include a number of whitelisted tokens that meet the criteria for this group.
Investing in a pool, a user can enter funds into the protocol in any asset that is included in the pool, and the protocol itself will produce swaps for the desired type of stablecoin or wrap-token, which the strategy is currently using.
OST will be distributed as additional incentives for the investors to provide liquidity through staking pools and various community engagement programs. They will be distributed through a mixture of programmatic on-chain activities and community oriented off-chain activities.
- Protocol stability
OST will be used to improve the stability and security of the protocol through a combination of pool and governance mechanics. Users performing these services to the protocol may then earn additional rewards.
veOST holders will gain a portion of the ecological revenue, and the portion will be determined by DAO governance. At the beginning, 50% of the platform revenue, including iUSD pool, iETH pool, iBTC pool and Unistake, will be used for distribution to veOST holders. The other 50% of the platform revenue will be used for operation and development, aimed at expanding the total ecosystem of OneStake Finance.
- Proposals and Voting
veOST holders can initiate and vote on DAO proposals, and the vote weight is based on the obtained amount of veOST tokens at the time of casting the vote. OneStake team believes that users will contribute to a better future of OneStake, and will receive lucrative benefits along with the development and governance.
OST holders can contribute and vote on a number of protocol decisions, in particular:
- Protocol roadmap: priorities and future projects
- Protocol parameters (including fees or funding rates)
- Yield strategies
Seedling is the first launchpad dedicated to launching projects on the Cherry Network, as well as the main blockchain networks such as Avalanche, Ethereum, Polygon, Binance SmartChain, Fantom, and others.
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