AOFEX Token OT (Option Token) is a digital asset issued by AOFEX platform based on ERC20. OT is used to continuously promote the construction and improvement of AOFEX ecosystem, covering all businesses of the platform in the global scope. The using scenarios of OT covers all the products and rights and interests of the platform, including but not limited to: deduction of fees, winning the award of airdrop, preferential purchase of popular financial products, receiving bonus commission, position mining, AP integration center, etc.
In order to better promote the ecological value of OT, the platform will establish a sound deflation mechanism. It will adopt the method of repurchase destruction before output, and the amount of repurchase destruction will ≥ stimulation of the output. After the launch of OT, the release mechanism of 10% community operation and 70% ecological construction will not be opened temporarily. Specific opening time, release purpose, amount and details will be announced in the form of announcement, so as to ensure that the amount of circulation in the secondary market does not exceed 20% of the total amount (20 million), until the total amount is destroyed to 20 million.
The first phase of buyback destruction shall be implemented on July 31, 2020 (GMT+8); The specific buyback and destruction quantity and details will be released in the form of announcement.
AOFEX hopes to establish a closer relationship with users through OT, explore more application scenarios, and jointly promote the development of the blockchain industry to achieve mutual benefit and win-win results. Meanwhile, OT is also the rights and interests certificate of AOFEX Community. The holder can have priority to participate in high-quality projects and activities on the platform and enjoy more rights and interests in the OT token system.
Digital asset is a high-risk investment product featuring by wild fluctuation, round the clock trading and so on. We highly recommend that users involve and invest very carefully after understanding the rules and risks. It is highly necessary to be aware of the risks by considering the experience and tolerance.
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June 1, 2020
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