The token
$OSTRA is not launched. There is no contract address. Anyone sharing one is lying.
Three uses
- 01
The bond
Every shard is backed by an $OSTRA bond. It is the only bond accepted.
- 02
The burn
A shard that fails quorum loses its bond. The bond is burned.
- 03
The tithe
1 % of every forged token is sold. The HYPE buys $OSTRA back and burns it.
Terms
Fixed supply. No owner. No governance.
$OSTRA votes on nothing. Holders of each token vote on their own token. $OSTRA only backs the proposal and absorbs the burn.
Launch: on Elysium, after mainnet, on a launchpad. Follow @OstrakonElysium for the only announcement.