Osaka Protocol (OSAK) is a decentralized finance project, initiated through a SHIB airdrop, aiming to restore true decentralization based on Shiba Inu's original rules. More
Fully Diluted Valuation | $132.78M |
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24H Trading Volume | $108,219 |
24H Low / High | $0.000000163791 / $ 0.000000175561 |
Circulating Supply | 761,459,784,660,250 |
Total Supply | 761,459,784,660,250 |
Max Supply | 1,000,000,000,000,000 |
Categories | Meme 8 more |
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Founder | Anonymous |
Website | osaka.win |
Socials | 2 more |
Chains |
Ethereum Ecosystem
7 more
|
Explorer | Etherscan 9 more |
Contracts |
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Name | Pair | OG Score |
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Osaka Protocol (OSAK) has emerged as a decentralized finance (DeFi) project, initiated through a 30% airdrop to those who sold SHIB before its notable surge. The project, rooted in the vision of Ryoshi, aims to establish a distributed community with a focus on equality and shared responsibility during its Phase 1 development.
Objective Decentralization:
The primary objective of Osaka Phase 1 is to create a decentralized community where ownership percentage is correlated with one's level of responsibility and influence. The project advocates for an ecosystem driven by community collaboration and true decentralization, deviating from conventional approaches.
Community-Driven Initiatives:
Osaka Protocol takes a distinct approach by eliminating the traditional developer role, emphasizing a community-centric model. The project encourages a do-it-yourself ethos, asserting that the community itself is responsible for key aspects such as marketing, exchange listings, and DEX tool trending.
Restoring Shiba Inu's Original Rules:
Central to Osaka Protocol's mission is the restoration of Shiba Inu's original rules. Operating on the same ERC20 contract as Shiba Inu, OSAK emphasizes simplicity and permanence in its smart contract, ensuring it cannot be altered or manipulated.
Security Measures:
In an effort to enhance security, Osaka Protocol employs a burn mechanism involving a 10 Eth pairing with 10% of the supply. Diverging from Shiba Inu's historical approach, where LP tokens were sent to Vitalik, OSAK opts for an alternative method to address potential rug concerns.
Conclusion:
Osaka Protocol (OSAK) stands out in the DeFi space for its commitment to a decentralized community and the restoration of Shiba Inu's original principles. By adopting an objective and transparent approach, OSAK seeks to redefine community-driven initiatives in the decentralized finance realm, positioning itself as a notable player in the evolving landscape.
Osaka Protocol distinguishes itself through its decentralized community model, emphasizing equality and shared responsibility, and operates on the same immutable ERC20 contract as Shiba Inu, adhering to the original rules set by Ryoshi.
Osaka Protocol takes a distinctive approach as it claims to have no traditional developers. Instead, the project is driven by community collaboration, embodying a do-it-yourself ethos where every holder is encouraged to contribute to its growth.
The project is portrayed as community-driven, with an emphasis on individual contributions rather than external financial support.
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