OTO Protocol review. In this video, I'll show you a recently launched Titano fork called OTO Protocol. What makes this one unique is it's “farming as a service” feature and airdrops. I am not a financial advisor, this is for entertainment purposes only.
🚀 OTO Protocol: https://otoprotocol.info/
🚀 OTO Protocol Discord: https://discord.gg/Gn69BMKCta
🚀 OTO Protocol Docs: https://oto-protocol.gitbook.io/oto-protocol/
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OTO Protocol is the next generation of Decentralized Finance Applications released on the Avalanche network that is conceived to earn passive returns in the easiest and most sustainable way. OTO Protocol is an incubated project by NODAC Labs.
The token model behind is an experimental approach to an “Automated Circular Economy” concept, consisting of an automatic staking and automatic compounding feature just by holding the token plus a fixed APY that is sustainable over time and backed by a reserve of funds.
$OTO token is powered by rebases, that reward holder with a 0.02355% interest every 15min. This means an annual compound interest of 382,945.41%. This APY is fixed and it is secured thanks to the 14% and 16% taxes with buys and sells respectively.
Other protocols allow bonds that passively dilute your position and pass it on to bondholders (thereby reducing your market share). OTO Protocol gets its income from taxes, not bonds, and when someone buys or sells, investors benefit. There is no passive dilution to mint new tokens through binding.
The goal for the $OTO token is simple, to build a Reserve Currency Protocol that will still exist in the years to come and become the base for a future ecosystem that offers a range of decentralized finance products and services, all built from a strong foundation of consistent high APY rewards.
The tokenomics of $OTO are meant to ensure the project's sustainability in perpetuity. The rewards received by $OTO holders come from a fee charged to every user each time $OTO is transacted, either through a buy or sell. This amount is accrued to our OTO Vault and designed to support the rebase rewards in $OTO going forward algorithmically.
#otoprotocol #titanofork #titano
**DISCLAIMER AND WARNING**
I am not a financial Advisor. This video is for entertainment and education purposes only! Should you want professional advice, please contact a financial advisor. I cannot and will not be held liable for any actions you take as a result of my opinions and the content on this channel, any of its social media platforms, or websites. The information provided on this channel is for informational purposes only and should not be taken as advice. DO NOT make buying or selling decisions based on videos from this channel.