# Introduction to Ouroboros

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*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.&#x20;

**The goals of the Ouroboros Foundation are as follows:**&#x20;

* 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. [🧛](https://emojipedia.org/vampire)