Introduction to Ouroboros
High level overview of the Ouroboros Foundation and stated goals
Last updated
High level overview of the Ouroboros Foundation and stated goals
Last updated
The Ouroboros Foundation is an umbrella name for an interconnected series of smart contracts which will initially be launched on the Ethereum blockchain. At the center of this interconnected series of contracts, sits the $ORX token, which is a limited supply ERC20 token.
The goals of the Ouroboros Foundation are as follows:
Consume as much TitanX as possible via burning, locking, and depositing into liquidity pools.
Work synergistically with other #BuildOnTitanX projects to retain value within the ecosystem, or encourage the entry of new capital.
Enrich the TitanX ecosystem with additional utility and functionality over time.
Drive value toward the $ORX token via real-yield style fee accrual, rather than inflationary/dilutionary rewards.
Bolster the value proposition of TitanX itself by contributing to a flourishing ecosystem of products where staying inside the ecosystem is preferable to leaving it.
Prevent the greatest excesses of late stage bull market optimism by ensuring all users have a way to live within the TitanX ecosystem without exploitative practices taking hold. 🧛
