An Introduction to Orchai Token — Tokenomics and Distribution

ORCHAI.IO
ORCHAI.IO
Published in
3 min readMay 10, 2023

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OCH — Orchai Token Overview

Introduction to Orchai

Orchai is a low-code DeFi platform that provides an ecosystem of different protocols and features powered by AI, which aims at the 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”)

To pave the wave for further development, Orchai will be listing a token named OCH in the forthcoming month. A comprehensive description of this token will be provided below.

Find out more information about Orchai HERE

OCH Listing overview

  • Listing price: $0.4 / OCH.
  • Listing exchanges: Orchai will list $OCH on Oraidex & Uniswap first.
  • Listing date: 2PM UTC, February 22, 2024.

OCH Utilities

Orchai token is used with 4 main objectives:

1️⃣ Co-Harvest: Taking after OraiDEX model, Co-Harvest is an innovative auction mechanism that allows participants to bid with OCH tokens for discounted stablecoins.

2️⃣ Reward: Token holders can earn rewards from using our products & services. xOCH is the reward token of Orchai: 1 xOCH = 1 OCH, and can be converted at a 1:1 ratio.

3️⃣ Payment: OCH can be used to pay fees for using products and services of Orchai (including 2 protocols and 3 low-code DeFi features).

4️⃣ DAO Governance: Orchai’s operations will be decided by voting by OCH holders, and governance members will share in the profits from our features and protocols.

Token Allocation & Circulating Supply

Token Allocation

Total Supply — Capped at 20,000,000 Orchai token with the initial market cap of $200,000

OCH will be distributed to 3 components as follows:

  • Ecosystem: 60.0%
  • Development: 35.0%
  • Community Pool: 5.0%.

The distribution of OCH will be in line with a long-term vision and sustainability for Orchai project.

The pie chart that shows the allocation of OCH which is the token of Orchai project
The Allocation of OCH

Allocations cho bondings

Orchai will open bond sales to the community and allow vesting after a short period. The OCH tokens used for these bonding programs come from Ecosystem and Development.

Circulating Supply

Orchai tokenomics aims at a trusty commitment and sustainability as well as supporting for the long-term vision of Orchai low-code DeFi Platform. The token will be released gradually over time within 5 years, following a vesting period schedule designed to avoid supply shocks and secure the token value.

Conclusion

OCH — the token of Orchai will be coming soon with a clear schedule and orientation mentioned in this article. With the listing of Orchai token, Orchai Team expects to gain more users’ trust and interest, which will be our motivation to develop robustly in the not-too-distant future.

For more information about Orchai, connect with us via:

Website | Twitter | Telegram | Announcement | Discord | Medium | LinkedIn | Youtube | Zealy | TaskOn

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.

📍 Be a part of our community:

Website | Twitter | Telegram | Announcement | Discord | Medium | LinkedIn | Youtube | Zealy | TaskOn

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