Ouro Market CapN/A
24h Trade Volume
All-Time-High (ATH) Price
Ouro Live Chart
Ouro price Index provides the latest OGS price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.
The Ouro to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.
OGS to USD Converter
Ouro Live Info Today
Ouro's current price is $ 0.00201, it has increased +1.15% over the past 24 hours.
Ouro's All Time High (ATH) of $ 0.0158 was reached on 5 Feb 2022, and is currently -87.3% down.
What is Ouro
Ouro aims to create an inflation-proof store of value system on BSC, featuring Peer-to-Pool asset swaps. The project derives fiat inflations manifested in the growth of the value of crypto assets and migrates them onto OURO, making it inflation-proof against the USD.
Ouro has an arbitrage-based stability mechanism. When assets in the Reserve Pool appreciate, Up to 30% of the excess value will be reserved for an increase in OURO’s Default Exchange Price.
OGS, or Ouro Governance Share, is used for community governance in Ouro. When any yield is generated from assets in the Reserve Pool, it will be used to improve liquidity for OGS trading pairs and to conduct OGS token burns. When assets in the Reserve Pool appreciate, at least 70% of the excess value will be used to conduct OGS token burns and the formation of Insurance Pool.
New OGS will be minted when the Reserve Pool does not have enough assets to acquire collateral when the Reserve Pool does not have enough assets to keep a 1-1 peg with issued OURO.
All OURO issued are backed by crypto assets in a 1-1 fashion. No need to worry about price fluctuation.