Economic Model
$OIDG
In order to drive the development of our diversified ecosystem and meet the demand for maximum flexibility from users, our native token - $OIDG will be deployed as both a BRC-20 and ERC-20 token. This dual presence fully utilizes the security and stability of Bitcoin through BRC-20, while also unlocking access to the vibrant DeFi ecosystem and enhanced DApp functionality on Arbitrum through ERC-20.
Maximum supply: BRC-20: 1,000,000,000 $OIDG ERC-20 (Arbitrum): 1,000,000,000 $OIDG
The borrowing feature provides users with a unique opportunity to utilize their Ethereum (ETH) holdings as collateral to obtain OrdiDoges tokens. Using ETH as collateral: The borrowing system allows users to use their Ethereum (ETH) holdings as collateral. This means users can temporarily lock a portion of their ETH assets to obtain OrdiDoges tokens. Collateral value limit: Users can borrow up to 85% of the provided ETH value as collateral. This ensures responsible borrowing limits while allowing users to fully utilize their existing assets. Obtaining OrdiDoges tokens: Once ETH collateral is successfully deposited, users will receive a corresponding amount of $OIDG tokens as a reward. These tokens can be used for various purposes within the OrdiDoges ecosystem. Repayment with $OIDG tokens: To retrieve the collateralized ETH, users need to repay the borrowed $OIDG tokens. This process essentially serves as a repayment mechanism. By using $OIDG tokens, users can retrieve their initial collateral. The borrowing feature in OrdiDoges provides users with an exciting opportunity to leverage their existing ETH holdings to obtain $OIDG tokens. This is a way to maximize assets and actively participate in the OrdiDoges ecosystem. By responsibly utilizing this feature, users can unlock additional value and enhance their overall experience on the platform.
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