ORA
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  • Protocol Fundamentals
    • ORA Reward Token
    • OSHARE Governance Token
    • OBOND Incentive Token
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  1. Protocol Fundamentals

ORA Reward Token

ORA Finance’s multi-token protocol consists of the following three tokens and each plays a critical role in establishing this protocol:

ORA Token ($ORA)

The ORA token is designed for use as a medium of exchange. The built-in stability mechanism in the protocol aims to maintain ORA's peg of 1 ORA = 1 AURORA

0xB4441013EA8aA3a9E35c5ACa2B037e577948C59e

Note that ORA actively pegs via the algorithm, it does not mean it will be valued at 1 ORA: 1 AURORA at all times as it is not collaterized. ORA is not to be confused for a crypto or fiat-backed stablecoin.

PreviousInvesting with ORANextOSHARE Governance Token

Last updated 2 years ago