Ouro

Ouro

Ouro OGS Rank #-

Definitive guide to buy Ouro (OGS) Token - What is it, price and staking

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Ouro aims to create an inflation-proof store of value system at BSC, with peer-to-peer asset exchanges. The project derives the fiat inflation manifested in the growth in value of cryptocurrencies and migrates them to OURO, making them inflation-proof against the USD. Ouro has a stability mechanism based on arbitration. As the assets in the Reserve Fund appreciate, up to 30% of the excess value will be set aside for an increase in the OURO Default Exchange Price. The OGS, or Ouro Government Action, is used for community governance in Ouro. When a return on assets is generated in the reserve pool, it will be used to enhance the liquidity of OGS trading pairs and to perform OGS token burns. As the assets in the Reserve Pool appreciate, at least 70% of the excess value will be used for OGS token burns and the formation of an insurance pool. New OGS will be minted when the reserve pool does not have enough assets to purchase collateral when the reserve pool does not have enough resources to hold a 1-1 anchor with issued OUROs. All OURO issued are backed by crypto assets on a 1-1 basis. There is no need to worry about price fluctuations.