$OE is excited to partner with Noah Swap.
Noah Swap is a unique rewards platform, offering the opportunity for small cap project token holders to capitalize from both, holding the project’s token and from one way staking the token on their platform in exchange for native rewards.
How does it work?
Noahswap has created its own stablecoin called $NUSD, which can only be swapped on their DEX for $NOAH coin.
By locking your $OE tokens + equivalent in stables based on the current price to a one way staking pool, you relinquish the right to both, $OE and your stables, and in return mint $NUSD. Depending on the length of time of the staking pool, your rewards multiply.
Currently, we are running a multiplier promotion, where you don’t have to contribute 1:1 ratio of $OE to your stables contribution in order to get rewards. A 5X multiplier simply means that if the price of $OE is 0.50 for example, your 10 $OE tokens valued at $5 are counted as $25. This means you contribute $5 worth of $OE and $25 worth of USDT or USDC to the pool.
While contributing a total $30 worth of double-sided assets, you would receive $50 worth of $NUSD stables at the end of the 1 year period, which is a 66% APR.
Even if you pay 15% tax on purchasing the token, the 1:5 contribution ratio on Noahswap makes this amount insignificant
What happens with my $OE and stables?
As mentioned above, this is a one way staking pool, which means you relinquish your rights to both, the $OE token and USDT/USDC contributed and receive rewards in Noahswap’s native stablecoin $NUSD.
75% of your stables are used by the Noahswap team to buy and burn their deflationary token $NOAH, which has seen substantial growth since launch due to the buyback and burn model
Once you receive your $NUSD rewards, you can swap them for $NOAH, which, in turn, is swappable/sellable for any standard stables like USDC, USDT or BNB, as it’s traded on the BSC Network. You can make your own decision whether to continue holding $NOAH or selling it.
A strategy example (not FA):
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Purchase $200 worth of $OE
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Leave $100 worth of $OE and participate in the ODD/EVEN game
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Contribute $100 worth of $OE + $500 USDT to the Noahswap one way pool for a total of just >$600 worth of assets.
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Select a 1 year term
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Receive $1000+ worth of $NUSD stablecoins at the end of the term or claim them throughout the term.
Note, that by contributing to the Noahswap pool, you do not pay the 15% sell tax for $OE as you’re “transferring” the ownership of your tokens to Noahswap.
What happens with all the collected $OE by Noahswap?
Noahswap returns 100% of $OE tokens to the team, out of which team is committed to burning 80% of all tokens returned and leaving 20% for marketing purposes, making the the $OE token even more deflationary than it already is with the existing burn mechanism in place.
To mint $NUSD and contribute your $OE to the Noahswap pool, please visit:
