OctaX Finance
πŸ”–- How will OctaX Drive the Token conomy?
Users will buy the OctaX token and convert it to an LP token for farming. In this way, the token in circulation will decrease regularly.
Tokens listed on our platform will buy and lock OctaX tokens as much as their own. Considering that we will agree with many projects, OctaX token circulation will be reduced again.
For example; X project will open farming opportunity with 10k USD worth of token on our platform. In return, it has to define the 10k USD worth of OctaX token to our platform. This will increase the staking rate in the long run.
Periodic buyback and token burning program will reduce the circulation of the OctaX token.
In IFO sales, it will be necessary to have a certain amount of OctaX tokens to participate or sell it. As the token staking and holder ratio will increase continuously on our platform, which appeals to a wide range of users, the token economy will be reduced in a planned manner.
30% of OctaX tokens will be purchased with deposit fee and 50% of withdrawal fee will be burned.

What Benefits Can You Take Advantage of And What Can You Earn on Farswap?

  1. 1.
    You can earn OctaX tokens by farming with LP tokens you buy on the OctaX protocol.
  2. 2.
    You can earn rewards from tokens in the pool by staking your OctaX tokens. Each token has different reward rate.
  3. 3.
    You can buy tickets in the lottery section and earn money from the lottery as a lucky person!
  4. 4.
    By gaining priority in IFO sales, you can invest in other projects upfront and gain more profits.
  5. 5.
    You can quickly trade with several tokens in the Exchange section.
  6. 6.
    You can benefit from the surprise awards that our platform will offer to users.
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