Oasys OASPrice $ 0.00234

Oasys is a public blockchain specializing in games. It is launching with support from renowned game companies to revolutionize "Blockchain for The Games."

Oasys is an EVM-Compatible protocol that adopts the Oasys Architecture. This unique architecture consists of a multi-layered structure: Hub-Layer, a highly scalable Layer 1; and Verse-Layer, a special Layer 2 using Ethereum's Layer 2 scaling solution.

Token Utilities​

Oasys' native token is the OAS token which is the highest level token in the entire Oasys ecosystem and is issued on the Oasys public chain to maximize Oasys Tokenomics. And the total supply at launch is 10 billion tokens. Six years after the mainnet launch, OAS token holders will determine the additional supply of staking rewards through decentralized governance.

OAS tokens have the following uses.

1. Gas Fees​

Due to the architecture of Oasys, the performer of the contract pays gas fees when rolling up transactions from a Verse Layer to the Hub Layer, when using a Bridge contract, or when running a contract on the Hub Layer. Gas fees for rolling up are paid by Verse Builder, and as the Oasys ecosystem grows, the more Verse Layers and the more Transactions per Verse, the higher the gas fees. However, Oasys is designed so that the increase in gas fees will be gradual. By accelerating the growth of Verse Builder's business through the growth of the entire ecosystem, the disadvantage of rising gas fees is minimal.

2. Verse Building Deposits​

Anyone can build a Verse if they deposit more than 1 million OAS toward the verse contract. By imposing a certain amount of initial Verse Building Deposits, the ecosystem can be soundly expanded to prevent the sprawl of scammy Verses and to ensure a long-term commitment by Verse Builders.

3. Decentralized Governance​

OAS token holders can participate in Oasys' decision-making through decentralized governance. Proposals include changes in inflation rates through staking, treasury uses, Vote to decide which contract to build on Hub-Layer, etc.

4. Staking Rewards​

Staking OAS tokens allows you to receive staking rewards. Anyone staking 10 million OAS or more through a validator contract can become a validator.

5. Payment​

In many games, a large number of micropayments are made daily through primary distribution of digital content. In the Oasys ecosystem, OAS tokens can be used for many micropayments in and out of the games. OAS tokens will serve as the key currency in the entire Oasys ecosystem. This is similar to the way ETH tokens stand in the Ethereum ecosystem.