The OpenSwap protocol will issue a governance token called OSWAP as part of the protocol’s release. The main purposes of the OSWAP token are to:
Incentivize usage of the OpenSwap platform
Encourage users to get involved in the governance of the protocol
Enable platform privileges such as ‘priority’ features etc
Please be reminded that the OSWAP token will have no financial value.
The token will be established as an ERC20 token and will be bridged to the Binance Smart Chain to enable the governance of BSC version of OpenSwap during the initial launch.
For those who are interested to obtain OSWAP tokens or wish to learn more on how OSWAP tokens can be earned, please explore the following link: https://www.openswap.xyz/#/earn
We encourage community members to partake in community discussions to help better shape OSWAP tokenomics and help generate more utility ideas. Users may express their ideas to core team members through joining the OpenSwap telegram group: https://t.me/openswapdex
More information about OSWAP tokens will be shared with the community closer to IDO date. In the meanwhile, please feel free to follow us on Twitter to receive the latest news and updates from OpenSwap: https://twitter.com/openswapdex