OHMINU is a fair launch, reflection coin designed to maximize its intrinsic value for its holders through an innovative transaction taxation system, created to incentivize HODLing through its bi-weekly OHM airdrops.
Having no presale, the community and its founders fully rely on the 12% taxation system. Meaning that there will be 12% generated in fees through each transaction.
The majority of its taxation proceeds, 5% to be accurate, are directed towards purchasing OHM. Once purchased it will be added to the Olympus Inu DAO treasury ("OHMINU"), as OHMINU intends to create a unique OHM dividend distribution system for its holders. Though, holders may vote to liquidate these assets and use the proceeds to buy back and burn OHMINU
The rest of 7% will be used to buyback OHMINU and to fund further marketing and development expenses. OHMINU itself holder to gain exposure towards OHM and benefit from the appreciation of the tokens themselves.
We are not trying to overpromise and underdeliver but offer you exposure and a de-risked approach to OHM and its distribution system.
π€ The platform will have an initial liquidity of 15 ETH π€
So far we have burned 19 ETH of bought back worth of OHMINU
We have added additional 38.60 ETH worth to liquidity
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We are continuing with our treasury OHM accumulation, currently at 25 ETH! We are also keeping our steady rate of token buybacks and burns to reduce supply and push the price up.
The allocated funds will be used to push a marketing campaign with tremendous outreach. From crypto influencers to Tiktok videos, you name it.
We are working on truly impressive website that this project deserves as we intend to do all future OHM redistributions via our website.
First things first, the most important thing is to get the word about Olympus Inu DAO out . Applications will be sent out immediately. We expect Coingecko to be ready within a few days and CMC to take a bit longer.
We are working on organizing Q&A-s on multiple prominent telegram groups and channels.
Our loyal token holders want to track our metrics at any time? We got you.
Phase 2 is where the real fun begins! All of the staked OHM currently earning that juicy 8000% APY will be redistributed to you, our loyal token holders. The exact details of our redistribution mechanism will be announced in a separate medium post.
A DAO will be implemented for our community to decide on future directions of OHMINU. This will include voting on OHM redistributions and other incentives.
We have a few partnerships planned that are being implemented at this very moment! Sorry, but we are not spoiling the surprise...
We will be launching a big laser focused campaign on TikTok to get the word about OHMINU out there! A meme coin with Olympus Dao rewards at its core, how hard of a sell can that be?
Yes, you saw that right. We will be launching our own meme coin dex. Shiba, we are coming for you.
Our token holders are in for a treat here. We will be launching our very own, classic Greek themed Shiba Inu NFT collection!!! Hold on tight to your coins and earn that OHM and you will get rewarded.
Did you know that OHM is not the only one? You must have heard of TIME & KLIMA right? Stay tuned as we are expanding our ecosystem to new and unexplored waters.
With the strengthening of our brand we will be launching a merch store and doing giveaways. Designs already in the works.
blacklisting of suspicious addresses
for the first couple of blocks there will be a 30 seconds pause between each purchase
we won’t have a set launched date, but will launch once our twitter post has 33 retweets
for the first couple of blocks transactions will be capped at 1.5% of the total supply
liquidity is locked for 6 months
50% of total supply sent to burn address
The base premise behind our project is the following: our treasury is accumulating OHM, staking it and currently working on a custom contract to redistribute it to holders of OHMINU.