Token Utility
The ONI token is designed to be at the core of the ONI DEX ecosystem, serving multiple purposes that benefit holders and participants:
Trading Fees: Token holders can use ONI to pay for trading fees on the platform, enjoying reduced rates compared to standard fees.
Staking Rewards: Users can stake their ONI tokens to earn rewards, participating in the liquidity provision and securing the network.
Governance: ONI token holders have the right to participate in governance decisions, including updates to the platform and the introduction of new features or changes to the burning mechanism.
Lottery Participation: ONI tokens can be used to enter lottery draws on the platform, offering users a chance to win prizes while also contributing to the token burn mechanism.
Exclusive Access: Holding ONI tokens may grant users exclusive access to special features, services, or early launches within the ONI DEX ecosystem.
Deflationary Rewards: The deflationary mechanism ensures that the value of ONI tokens is poised to increase over time, rewarding long-term holders and users.
Spheres Profit Share: First Year: 20% of the profits from all DEX features will be allocated to the Spheres pool. Rewards will be distributed daily, and users can claim them.
Second Year: 15% of the profits from all DEX features will be allocated to the Spheres pool.
Third Year and Beyond: 10% of the profits from all DEX features will be allocated to the Spheres pool.
Additional Benefits for Sphere Owners
Game Token Distribution: Sphere Access Key owners will receive a share of every game token released under our Gaming category on the DEX platform.
Exclusive Access: Early access to new features and special events within our DEX ecosystem. New tokens from every added blockchain claimable in Spheres Dashboard.
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