How to Buy the OMS Public Sale Tokens
OMS Finance, has designed a new protocol that powers an innovative DeFi ecosystem design. The first of which is a token called OMS. This Ethereum based elastic supply token is designed to rebase (inflate/deflate) supply through automated distribution proportional to percentage of supply held. Designed to be balanced against the USD, the issuance is always correlated to the USD denominated price at a given point in time. OMS provides the base token for the ecosystem and will provide utility through being traded as a pair to assets in the OMS Asset Index (AI).
The OMS AI enables the decentralized trading of derivatives. Designed to be indexed to existing markets / indices, OMS AI allows for price speculation, risk management and other trading strategies against a range of assets. These fees will be returned to OMS liquidity providers and OMSX holders.
OMS finance has a native currency called the OMS token. The supply of the OMS tokens is five million tokens and notably, the protocol sale offers a 20% bonus on purchases for early investors. The full tokenomics break down can be seen in our whitepaper.
How to Buy OMS Public Sale Tokens?
The OMS Token can only be purchased on the platform’s presale official website:
What is the minimum and maximum purchase?
No minimum. Maximum purchase is 2000 OMS at $0.80. You will only be able to purchase with USDC.
When does the Public Sale end?
Public Sale ends Sunday June 6th 2021–10:00 UTC or when the hard cap of the sale has been reached.
When is listing and where?
OMS will be listed when the Public sale period ends, or hard cap is reached. Listing will be on Uniswap at a list price of $1.00, with liquidity locked for 12 months.
After depleting the amount allocated for purchase using this method, primarily for early investors, the functionality of buying the token will shift to Uniswap.
The Future of the OMS Ecosystem
The OMS team have more in store for the OMS community. For instance, there is the listing of the OMSX token, designed to reward holders through multiple forms of yield, including a percentage of all transactions in the token.
Then there is the OMS Asset Index (AI) product offering which enables the decentralized trading of derivatives. Designed to be indexed to existing markets / indices, OMS AI allows for price speculation, risk management and other trading strategies against a range of assets. Fees will be returned to OMSX holders and OMS liquidity providers holding this token.
The core of the OMS yield generation function is the Reserve. The reserve is a yield generator that uses multiple strategies to maximise the interest rate returned on locked assets. The total value locked (TVL) into the reserve can be used to invest into other DeFi services such as Compound, Aave for further yields.
Above all, the OMS ecosystem vows to be in the loop on what’s happening in both the DeFi subsection and the entire crypto scene regarding yield generation and enhancing the functionalities of the base OMS token. With a rapidly changing DeFi sector, being in touch with a live setting leads to an ever-evolving, adapting, and an up-to-date yield generation platform.
Audited and approved by Certik: https://oms.finance/governance/