Question 1
How does the O2ETHDao to ensure the continuous development of the platform? Can you elaborate more?
Answer
First, O2ETHDao will use the funds from the previous grant to establish the pot and turn the LP to the black hole address; Second, O2ETHDao will continue to upgrade and update the technical and marketing teams through continuous market and development income distribution; this is necessary for sustainable development, development and renewal cannot be stopped, nor can it be forced to stop because of lack of funds; Third, O2ETHDao through investment, through the continuous project submission of applications, and get the momentum of development, the first four phases of the grant funds will enable O2ETHDao to obtain sufficient cold start power;
Question 2
What does the O2ETHDao expect for?
Answer
We aspire to realize decentralized fairness and freedom, similar to oxygen, which is the fairest resource in the world, does not discriminate against any ethnic group, is not controlled by any political party. God created the oxygen on the second day, and everyone can have it. Since the time when the O2ETHDao platform came into being, we have been practicing the vision of O2ETHDao which enables the fairness and freedom existing like oxygen, filling the whole earth.
Question 3
Just as we said before, God created the oxygen on the second day, and everyone can have it.
We hope that the O2 platform will provide a new platform for grant for all teams exploring DAO in the crypto world, break the old style of altruism and empower O2 with investment attribute. We understand that the crypto world has many talented developers working together and needs a channel to showcase, grant or finance. We are willing to pave the way for explorers, provide clear and certain return for investors, and provide a fair and free environment for the community.
Answer
Just as we said before, God created the oxygen on the second day, and everyone can have it.
We hope that the O2 platform will provide a new platform for grant for all teams exploring DAO in the crypto world, break the old style of altruism and empower O2 with investment attribute. We understand that the crypto world has many talented developers working together and needs a channel to showcase, grant or finance. We are willing to pave the way for explorers, provide clear and certain return for investors, and provide a fair and free environment for the community.
Question 4
What mechanisms are you going to implement to make O2ETHDao sustainable?
Answer
The O2 platform has seven systems for continuous development: income system, grant system, advertising system, burning system, staking system, investment system, DAO system. Know more here on our medium
https://medium.com/@O2ETHDao/o2ethdao-onepager-coming-a6aca9620ac5
Question 5
Can you briefly introduce the number and distribution mechanism of O2 tokens?
Answer
The estimated volume of issue is 1,000,000,000 O2 tokens.
Grant rebate: There will be four phases: 100 million tokens in the first phase, 200 million tokens in the second phase, 300 million tokens in the third phase, and 380 million tokens in the fourth phase.
The number of exchange pool: When the tokens are unified and open for collection, a liquid pool will be established in Uniswap, and the pool building ratio will be based on: the fourth-period base price * 120% which equals to flow pool building exchange price; the pool building fund source is 2% of the total grant funds of the four periods, and we plan to set aside about 20 million O2 tokens for the matching pool building, after matching the exchange price based on the fourth period base price * 120%, the unmatched O2 tokens will be transferred to the black hole address for burning;