Ouroboros Foundation
  • Introduction to Ouroboros
  • The Ouroboros ($ORX) Token
    • Pumpamentals
    • Launch/Participation Mechanics
    • Onboarding System
    • Minter Audit
    • Contract Addresses
  • Ouroboros Products
    • 🪙USDx Stablecoin
      • ORX Fee Sharing Pool (ORX Staking)
      • Borrowing USDx (USDx Minter)
      • Backstop Staking (USDx Staking)
      • Liquidations
      • Protocol Safety
      • Educational Track
        • 1. USDx Users & What they Care About
        • 2. Your First Loan & What to Monitor While your Loan is Open
        • 3. Participating in Liquidations & USDx Staking Rewards
        • 4. Redemptions & How the Peg Holds
        • 5. Closing Summary & Cheatsheet
      • Risk Disclosure
      • Contract Addresses
      • Audits
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  • Purpose
  • Further Reading

The Ouroboros ($ORX) Token

ORX Token Details and Overview

PreviousIntroduction to OuroborosNextPumpamentals

Last updated 7 months ago

  • Name: Ouroboros

  • Symbol/Ticker: ORX

  • Contract Address: 0xd536e7a9543cf9867a580b45cec7f748a1fe11ec

  • Max Supply: 1,270,600,000 (but likely to be much lower. See for more details)

    • Supply Breakdown:

      • 1,000,000,000 tokens emitted via the

      • 600,000 tokens emitted for initial liquidity provisioning (locked, smart contract controlled)

      • 20,000,000 tokens which may be emitted via the onboarding system

      • 200,000,000 Backstop Pool incentives (optional, not on at launch)

      • 50,000,000 USDX/WETH incentivised UniswapV2 farm (optional, not on at launch)

Purpose

The ORX token sits at the center of the Ouroboros ecosystem, and acts as the primary value accrual mechanism for the protocol. Any products launched under the Ouroboros umbrella will be required to divert fee sharing/inflationary rewards to ORX holders. Protocols which have no fee/inflation structure should make use of ORX in some manner to enrich it with usecase/utility.

Further Reading

Pumpamentals
Launch Mechanics
Vesting Schedule
launch mechanism
ORX