The article focuses on giving information about Orchai’s OCH Staking & its mechanism — another utility of the $OCH token.
Orchai.io is a low-code DeFi platform providing AI-powered DeFi applications, with its token (OCH) recently listed. To increase the token’s utility and prepare for DAO Governance, we would like to launch OCH Staking. It might sound similar to Liquid Staking, but there are more — continue with the next part of this article to dive deeper into its mechanism.
What is Orchai Staking with OCH?
As a DeFi Orchestrator powered by AI, Orchai provides various protocols and features that assist in enhancing user experience and bringing more benefits to users. With Orchai’s native token listed not a long time ago, we saw the need to release a new mechanism so you can do more with it.
And OCH Staking is such a feature — it allows you to stake your OCH in our Vault and receive a corresponding reward, which will be extracted from the revenue portion of our protocol. It provides token holders an alternative way to earn passive income in Orchai, and incentivizes them to participate more in our ecosystem’s growth.
Staking Mechanism
OCH is the native token of Orchai, used in the ecosystem for 4 main purposes of Co-Harvest, Payment, Reward, and DAO governance.
OCH Staking allows users to stake OCH into our vault and receive USDC, which came from the revenue of Orchai. This reward will be vested as blocks (periodic schedule).
Benefits of OCH Staking
This feature is one of Orchai’s attempts to increase the utility of $OCH, as well as preparing for the development of DAO Governance. In the future, OCH stakeholders can join Governance and receive voting power on DAO, which lets them make decisions on Orchai’s development.
OCH Staking is also the chance for token holders to engage more with our ecosystem, while earning passive income in the form of staking reward — long-term investment incentives. This will create a stable and committed community of stakeholders who are aligned with the future success of Orchai.
Remember that you need OCH to participate in this mechanism, so if you’re not yet a holder, quickly get some tokens from OraiDEX & Uniswap before its launch.
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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