Today, we’re so excited to introduce Saisen, a gamified auction ritual built on the Oasys blockchain. In this on‑chain game, users bid in pOAS or OAS to compete for the pooled prize, and every bid is a mix of calculation and chance.
Inspired by the Japanese “賽銭 (saisen)” tradition of ritual coin offerings, we bring that spirit on‑chain—turning every Bid into a collective ceremony where luck meets strategy.
Saisen is a fully on-chain GameFi protocol that reimagines the “last-bid” auction format with strategic depth, and randomized rewards.
At its core, players bid using pOAS or OAS to compete in time-based prize pools. Each new bid resets a countdown timer. When the timer runs out:
68% of the pool goes to the last bidder.
20% is equally distributed among 10 randomly selected past bids.
12% House Edge is taken: 8% is distributed to SAISN‑OAS LP stakers. 4% goes to the Treasury.
Bootstrap Phase (First 24 hours)
The game runs without a winner — no timer stop or prize distribution.
Minimum bid is fixed at 10 pOAS.
Main Game Phase
Once the Bootstrap Phase ends, the game enters its core loop:
Minimum bid is set to 0.5% of the current pool.
Each new bid resets a 1-hour countdown timer.
The game ends when the timer runs out without any new bids.
Prize will be distribute in pOAS:
68% of the pool goes to the last bidder.
20% is equally distributed among 10 randomly selected past bids.
A 12% House Edge is taken from the winner’s share:
8% is distributed to SAISN‑OAS LP stakers.
4% goes to the Treasury.
The SAISN token is the core value-capturing asset of the Saisen ecosystem. It fuels and governs the game’s economy.
Revenue Sharing — 10% of every prize (from House Edge) is distributed to SAISN-OAS LP stakers.
Liquidity Incentives — SAISN emissions reward LP stakers and players.
Governance — Future DAO proposals and upgrades may be governed by SAISN holders.
Bid Rewards - 45%
Vesting: 24 months, non-linear (0.5% weekly decay)
Saisen rewards active bidders with daily SAISN emissions. The more you bid, the more you earn—up to 10% of the daily allocation per user. This encourages consistent participation through fair, proportional rewards.
LP Staker Rewards – 20%
Staking SAISN-OAS LP tokens earns you dual rewards: a share of protocol fees and SAISN emissions. Locking increases your rewards, while instant unstaking forfeits up to 50% of your LP as a penalty. This penalty gradually decreases over a cooldown period and is redistributed to remaining stakers — rewarding long-term commitment.
Treasury – 15%
Team – 10%
Oasys Foundation (Seed LP) – 5%
Oasys Foundation (for pOAS Airdrop) – 5%
Saisen offers boosted rewards for players who hold tokens from partner projects. Your SAISN rewards can increase, based on the number of different eligible tokens you own — not the quantity of each.
MCHC
BPC
TORA
OASSY
SGC
MSM
Z
Our contracts got audited by WatchPug. You can read the audit report below.
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