About OctoFi (OCTO)
OctoFi (OCTO) gives you cash back when you transact with the most trusted decentralized finance (DeFi) and non-fungible token (NFT) marketplaces. Earn free crypto. Automatically. an all-in-one decentralized application serving up direct access to a broad range of DeFi and NFT marketplaces from one convenient location. an ERC-20 on the Ethereum network, OCTO is used to govern the project, unlock exclusive features, and earn your share of revenue.
OctoFi (OCTO) founding team comprising ‘Dr. Octavius’ and ‘Mr. OG’ have chosen to remain anonymous and have a number of reasons for doing so. While their reasoning pertains mostly to decentralization, they’ve also insisted that “you don’t need a team to trust, you need to verify their work.” exists because of eight guiding principles. Without them we lose sight of the cypherpunk ethos that birthed a grassroots movement in pursuit of decentralization. We are witnessing the change the all set out to make.
OctoFi (OCTO) Storage Key Points
|Circulating Supply||797,623.18 OCTO|
|Source Code||Click Here To View Source Code|
|Explorers||Click Here To View Explorers|
|Chat||Click Here To Visit|
|Whitepaper||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
How Does it Work?
When you transact with any of the referral partners using their dapp. 100% of any commissions generated by your transactions will be directed to our token holders.
Why is this Important?
We’ve witnessed similar value propositions in the $3.9 trillion ecommerce industry with the likes of Honey, who were acquired by PayPal in 2019 for $4 billion. This model has been replicated by crypto companies such as Lolli.com who use a portion of their ecommerce referral commissions to reward shoppers with Bitcoin cashbacks.
Honey and Lolli for Traders Anyone
But we’re crypto native and with over $1 trillion in value settled on the Ethereum alone in 2020, we forsee opportunities for this proven business model to grow exponentially within decentralized finance, collectibles, artworks, exchanges, gambling, gaming, and more!
When is it Useful?
We endeavour to accelerate growth for the referral partners while embracing a multi-chain future, so it’s fair to say every effort is being made to expand partner network to ensure our products are useful NOW, and well into the future…
- dApp: bookmark or install as a progressive web app (PWA) even if you prefer to use another wallet (eg. We direct 2.5% cashback from OpenSea to token holders).
- Token: purchase the OCTO token to gain access to exclusive features, participate in governance, and earn your share of all revenue from the dapp.
As interoperability and composability shape up to be defining narratives within our industry, many leading projects are supercharging their growth by embracing the affiliate model to establish partner programs – ecommerce giants like Amazon certainly did; so why wouldn’t the future blue chips of blockchain?
OctoFi’s core value proposition is giving you cash back when you transact with the most trusted marketplaces in DeFi, NFT, and beyond. dapp is the flagship product and provides a user friendly entry point for newcomers to get familiar with crypto. OctoFi as a platform is ever changing and indicators shown in the drop down menus are either green for “live in production” or yellow for “work in progress.” Here’s a brief overview of what you’ll find inside
The OCTO token is used to govern the project, unlock exclusive features, and to distribute ALL revenue. You can purchase it on Uniswap or directly from OctoFi, but always check the token contract address (0X7240…2BA3) first.
Revenue is distributed to holders proportional to their share of the OCTO circulating supply. Snapshots are taken at 808am UTC on the first and last day of each month to determine whose holdings are eligible for each monthly distribution. Payouts are made in stablecoins directly to eligible wallets (liquidity providers excluded) and do not require staking or claiming (subject to change as L2 solutions become available).