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Everything you need to know about OID
Is OID listed on exchanges?
OID is an ERC20 token, not permissioned. It is natively compatible with all decentralized exchanges (DEX) and Automated Market Makers (AMM). Most centralized exchanges accept ERC20 tokens. Once the system is decentralized enough, we will list the OID token on regulated cryptocurrency exchanges.
Are the smart contracts audited?
ONCHAINID protocol The ONCHAINID protocols uses the ERC734 and ERC735 standard. Also, it has been audited with the T-REX protocol (ERC-3643) by Kaspersky: https://docs.tokeny.com/docs/code-review-and-security-audit OID token smart contracts OID is a simple ERC20 token.
What are the rights of OID holders?
OID tokens allow holders to participate in the governance of ONCHAINID and interact more broadly with the protocol, its applications, and its participants. Holders of the utility token can vote on proposals that affect the direction of the project, including decisions concerning: The token supply and the rewards distribution mechanisms to incentivize stakeholders The validation of strategic partnerships with DeFi protocols and financial institutions The new features and improvements of
What is the OID smart contract address?
How does the governance work?
The governance of the ONCHAINID ecosystem will be managed by both Core developers, providing propositions, and token holders, who would vote for the propositions. **The voting power of token holders being related to the size of their holdings at a fixed block on which the voting will close. ** In order to participate in the governance process, one might also own an ONCHAINID smart contract. The voting process will take into account the holdings of each wallet linked to the ONCHAINID of the vot