πͺ$OTSEA
Last updated
Last updated
Chains: ETH and SOL
Max Supply: 100m
Marketing Allocation: 10%
Uniswap/Raydium LP: 90%
Supply on ETH and SOL is shared by leveraging Wormhole.
Holding at least 50K $OTSEA eth grants users a substantially reduced platform fee while only trading EVM chains. This is our whale perk.
Including this fee was very important to us, since a big reason for the existence of this platform is to reduce market volatility across the market by encouraging whales to sell over the counter instead of on the charts. And thus, we want to make it attractive for whales to use the platform, especially as the same % fee "hits different" when the sum is larger.
Example: 1% of $100 (1$) feels negligible, while 1% of $1,000,000 ($10k) feels like a lot to pay for a transfer fee, even though the percentage is the same.