AMA RECAP — ORCHAI X CRYPTO RUSH: GET READY FOR OCH LISTING EVENT
On February 22, Orchai joined Crypto Rush in an AMA on Telegram to talk and answer community questions about Orchai’s OCH listing plan.
As OCH was planned to be listed at 2PM UTC on February 22, Orchai decided to have an AMA with the help from Crypto Rush 1 day earlier to the D-Day. We talked about the information surrounding the listing event, our programs, and questions from the community. The session was held on Crypto Rush’s Telegram channel at 3PM UTC on February 21, with the participation of Mr. Rocky — Tech Lead from Orchai.
Introduction Session
Crypto Rush Host — Javad:
So first, let’s tell everyone about Orchai and what’s special about you, shall we?
Mr. Rocky:
Sure. First of all, Orchai is a DeFi Orchestrator powered by AI — firstly deployed on Oraichain network. We are a platform that provides a range of protocols and low-code features to help users operate more comfortably in the DeFi world, thanks to the application of AI. We welcome everyone to come and experience https://orchai.io
Orchai currently provides 2 protocols on Oraichain: Orchai Liquid Staking and Money Market, with the TVL reaching 3 million. We focus on supporting users using multiple dApps with low cost and high performance (in terms of ROI). E.g. the gas fee can be saved up to 40% if users use our Combinator.
Javad:
Can you dive deeper into your products — these low-code DeFi management features?
Mr. Rocky:
Well, we have three of them in our plan, and the first one is Alert Hub. It’s a notification bot via Telegram that keeps users updated with real-time volatile information, thereby making the right decisions quickly 👉 https://t.me/OrchaiAlertHubBot
Meanwhile, Combinator allows you to combine many actions into one transaction, saving time and effort with AI supported features for more accurate investment decisions 👉 https://app.orchai.io/combinator/
Currently, Combinator is covering most of DeFi applications on Oraichain network, and has served about 1000 transactions through our Premade Recipes.
We are working on Auto Trader, and will release more information very soon.
Javad:
For the next question, I think we should go into what everyone came here for — OCH listing event. So what’s OCH and how is the plan looking right now?
Mr. Rocky:
Of course! $OCH is the native token of Orchai, based on Oraichain’s CW20 standard. This token can be used in the Orchai ecosystem with 4 main objectives including Co-harvest, Reward, Payment, and DAO Governance.
ℹ️ For more information about OCH tokenomics and distribution, check out this article: https://blog.orchai.io/an-introduction-to-orchai-token-tokenomics-and-distribution-f0e42cef32a4
About OCH listing, you can see the overall roadmap in this infographic here:
In order, we have organized private and public sales, currently preparing for OCH listing tomorrow. Today’s AMA is also one of the actions for us to let everyone know more about Orchai and our token before the listing.
Javad:
It seems like the OCH pre-sale program was a great success?
Mr. Rocky:
That’s right. Orchai held 2 rounds of sale: private and public, which successfully raised $700K, accounting for a total of 2,118,055 OCH tokens. They will be released through a 30-day linear vesting mechanism.
The discount rates were 20% for the private round ($0.32 / OCH), and 10% for the public round ($0.36 / OCH). The proceeds of the public sale will be used to source liquidity for the OCH/ORAI pair via OraiDEX.
We have also summarized all the information about OCH pre-sale program in this article: https://blog.orchai.io/och-pre-sale-summary-orchais-private-and-public-sale-rounds-prepared-for-och-listing-2a17a7d4fe91
Javad:
So according to the information in the Roadmap, the OCH listing will take place tomorrow, February 22?
Mr. Rocky:
At 2PM UTC to be precise. We will list OCH on 2 exchanges: OraiDEX and Uniswap, with a listing price set at $0.4 / OCH. Then Orchai will begin the 30-linear vesting, as well as our Bonding program.
OCH is now listed on:
👉 Oraidex: https://oraidex.io/universalswap?from=orai&to=och
Twitter session
Javad:
Q1 from @RamonBritt51045: Where can I buy your token now? What is your current contract and how can I buy them? Do you have any other DeFI features? like staking, yiekd firm or nft Futures
Mr. Rocky:
Orchai’s OCH pre-sale program, including 2 private and public rounds, took place in early February and has now ended. Therefore, now you can only wait to buy OCH after the official listing on OraiDEX and Uniswap — at 2PM UTC February 22, that is tomorrow. Contract address of OCH will be announced on our Twitter and Telegram later today, please keep up with our channels to not miss any updates from Orchai!
👉 Ethereum: 0x19373ecbb4b8cc2253d70f2a246fa299303227ba
👉 Oraichain: orai1hn8w33cqvysun2aujk5sv33tku4pgcxhhnsxmvnkfvdxagcx0p8qa4l98q
⚜️ Orchai Telegram Official Channel: https://t.me/orchaiofficial
⚜️ Orchai Twitter: https://twitter.com/orchai_protocol
As introduced above, Orchai is a DeFi Orchestrator powered by AI — a low-code DeFi platform providing multiple protocols and features. With a diverse ecosystem of different products, Orchai aims at 2 ultimate goals:
- Improving the management & investing strategy (With 3 low-code DeFi features powered by AI: Alert Hub, Combinator and Auto Trader)
- Optimize asset flow (With the 2 protocols: Liquid Staking & Money Market)
The power of Orchai lies in the Cross-chain feature and AI assistance, unleashing the potential of DeFi with AI algorithms.
Javad:
Q2 from @chloe_lizi — Is it possible to buy tokens at a further discounted price after the listing?
Mr. Rocky:
As you can see in the Roadmap we shared above, Orchai also planned to start a Bonding Program very soon. The discount is set at 15% as of now — this is your opportunity to buy $OCH at a lower price after listing.
We have announced only some basic information about the First Bond Sale, more details about it and the next bond sale will be updated by Orchai in the near future, so stay tuned.
Javad:
Q3 from @AvieLance290: What are your next plans? Will Orchai still focus on product development or just focus on increasing token value?
Mr. Rocky:
Orchai firmly believes that products are the core of every project, and we are confident in our team, and what we can offer. We will continue to bring quality releases and updates, as a good product will attract more users and increase our token price in the process.
Orchai will continue to improve current products such as Alert Hub and Combinator, and prepare to launch Auto Trader. We also want to expand the Orchai system to make it truly cross-chain, by enabling users to interact on more networks in the future.
In general, whether upgrading existing products or creating new ones, Orchai will still rely on two main factors: personalization and AI application.
AMA Live Question-asking Session
Javad:
Question 01 is from @Far_Nandez: “How and where i can buy your tokens?”
Mr. Rocky:
As previously announced, Orchai will list OCH on OraiDEX and Uniswap. These 2 exchanges will be the places where you can buy our token after listing.
The starting price is $0.4 / OCH, but we are also preparing a Bonding Program. Orchai will work to expand the options for DEXes and CEXes in the future.
Javad:
Question 02 is from @lisarobinson28: “I received xOCH from Orchai airdrop but don’t know how to use it. When can we use the xOCH token?”
Mr. Rocky:
Currently, you still have the opportunity to claim rewards from our Airdrop program through the link: https://app.orchai.io/airdrop.
Please note that the Airdrop program will conclude shortly after listing. As the deadline approaches, we will provide ample advance notice through our announcements to ensure you have sufficient time to take necessary actions. We recommend staying updated with our announcements for the latest information.
Additionally, further details about the Airdrop can be found in our article at: https://blog.orchai.io/instructions-for-claiming-och-airdrop-program-87f95d2b14ff
Rewards
Thank you all for joining and for those who asked the questions, each will receive a reward of $20 USDT. If your name is on the Winner List, please send your BEP20 Wallet Address to our Mod @ChewyOrchai on Telegram! The rewards will be distributed within 10 BUSINESS DAYS after that!
1. Twitter Questions
- Question 1: @RamonBritt51045
- Question 2: @chloe_lizi
- Question 3: @AvieLance290
2. Telegram Questions:
- Question 1: @Far_Nandez
- Question 2: @lisarobinson28
Congratulations to the chosen ones! Thank you for participating in this AMA with Orchai and Crypto Rush in preparation for the OCH listing event on February 22. Join our community to not miss out on any updates and stay tuned for interesting releases!
About ORCHAI.IO
Orchai is a low-code DeFi platform providing multiple protocols and features powered by AI. With a diversified ecosystem of different products, Orchai aims at 2 ultimate goals:
- Improving the management & investing strategy (With the low-code DeFi features powered by AI)
- Optimize asset flow (With the 2 protocols: Liquid Staking & Money Market)
The power of Orchai lies in the Cross-chain feature and AI assistance, unleashing the potential of DeFi with AI algorithms.
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