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What exactly is OLE Tokenomics?
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[QUOTE="Venus1100, post: 257415, member: 77634"] OLE is the native token that provides incentives and community usages to the OpenLeverage ecosystem. It will be earned through trading, lending, referring new members, and playing Clans Clash. A total of 1,000,000,000 OLE were minted and will be vested over a five-year period beginning on the date OLE becomes transferable. After five years, a maximum perpetual inflation rate of 3.00 percent per year will increase the supply of OLE, ensuring that the community has the resources to continue contributing to the protocol. Approximately 4.6 percent of the OLE supply will be liquid when it becomes transferable. OLE can be obtained by utilizing the protocol, such as trading, lending, referring, or staking LP tokens to xOLE. All reward calculations and distributions follow a 21-day cycle known as an epoch. All OLE earned from protocol usage during each epoch will be claimable and transferable 7 days after the epoch ends. [B]How to buy OLE?[/B] 1.Enter your MEXC account credentials, then select [Trade]. Select [Spot]. 2.To view the trading pairs that are accessible, type "OLE" into the search field. OLE/USDT is a good illustration. 3。Go to the [Spot] box by scrolling down. Enter the quantity of OLE you wish to purchase. Open a Limit order, a Market order, or a Stop-limit order, as appropriate. Use a market order as an illustration. To finalize your order, click [Buy OLE]. The purchased OLE may be found in your Spot Wallet. [/QUOTE]
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What exactly is OLE Tokenomics?
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