Following yesterday’s successful Uniswap launch, and having done nearly $2,000,000 of volume in just the first 12 hours, we will be giving back to our community through the LP Rewards Program!
200000 OPT will be taken out from 0xc90d84558eEb442a7EbfA0ff70567ebc5C815f17 and used to seed this rewards pool.
In order to participate you will be required to provide liquidity for the OPT-ETH pair on uniswap, https://info.uniswap.org/pair/0xd8c9b8a84946d3c96a322a02de96e04ee4354b4b, which can be directly accessed through here,
https://app.uniswap.org/#/add/0x7d25d9f10cd224ecce0bc824a2ec800db81c01d7/ETH
Following this, as an extra step and incentive you will need to go to yieldxfarming.io, and stake those OPT-ETH pair LP tokens in the contract.
You will be able to find the OPT-ETH pair listed there starting the 22nd, so it is a good idea to prepare LP tokens now, since you will be dual farming $OPT and their native token, $YIELDX, soon!
- Rewards distribution starting from the 22nd of November and running up till the 11th of December.
- Everyday at (13:00 PST, 16:00 EST) OPT rewards will be distributed directly to addresses.
- 200000 OPT will be equally distributed over the span of 20 days, at the rate of 10000 OPT every 24 hours.
- With current OPT price between $0.80-$1, this makes out for a $160,000-$200,000 token distribution right back to our community.
- Investors will be incentivised to provide liquidity in order to increase their token holdings, higher liquidity will allow for more exposure to larger investors, and more volume.
To give an idea on the numbers here, if you provide liquidity for 10% of the pool, which would currently be about 12 eth + 7500 OPT, you would be earning 1000 OPT every 24 hours, 2 eth worth of tokens a day at current prices. Note that even if your percentage stake is to begin diluting from more entries, that only means that more OPT is being bought and re-supplied as liquidity, so you will either benefit from a higher stability liquidity pool, price increase/buy pressure, or both at the same time!
Transparent Accounting
Staking drip and coming LP incentive pool
0xc90d84558eEb442a7EbfA0ff70567ebc5C815f17
Team Address
0x48d99113881B67C9C71560eba2733BECC76AB883
(Half of team tokens to be time-locked)
Marketing/Promotions Address
0x7a9027CA01aF1c25F8DD09AAB6909ec10274A5Ed
OPT token burns
297150 https://etherscan.io/tx/0xd1153f6aff8ecdd8722859965297eaba61d242d2afc2bde675d7c78f4a31718f
673155.80 https://etherscan.io/tx/0x481cda0245c5f84e88934728f485cf3ec52e1e5aec86273581a375a0c1f70a75
Satoshi’s Return Address 62500 https://etherscan.io/token/0x7d25d9f10cd224ecce0bc824a2ec800db81c01d7?a=0x000fb8369677b3065de5821a86bc9551d5e5eab9
(This can be considered burn unless u/cintix is to return one day)
After the completion of all these token burns, the total supply is 1,467,194.2 OPT!
Links
Website https://ethopt.io/
Buy OPT https://app.uniswap.org/#/swap?inputCurrency=0x7D25d9f10Cd224EcCe0Bc824A2eC800Db81C01d7&outputCurrency=ETH
Telegram https://t.me/ethopt
Twitter https://twitter.com/ethoptio
GitHub https://github.com/hdizzle83/ethopt.io
Whitepaper https://ethopt.io/assets/whitepaper.pdf