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

Onboarding System

Details about the onboarding programme for Ouroboros

PreviousLaunch/Participation MechanicsNextMinter Audit

Last updated 6 months ago

Spreading awareness about the protocol is incentivised via a 2% bonus mint of ORX for TitanX depositors who are onboarded by another user.

Example Onboard:

  1. You share a link to the Minter by clicking the "Copy Onboarding Link" button.

  2. Your onboarded user burns 20 billion TitanX, and receives a max possible claim of 6,666,666 ORX tokens

  3. Your onboarded user early claims their ORX, and realises a total of 1 million ORX.

  4. You, as the onboarder, will have 20,000 ORX minted to your account.

  5. The total mint for this record is now 1,020,000 ORX. 20k to you, and 1m to your onboarded.