ONI.exchange, a DeFi cryptocurrency, its own AMM, and a yield farm, has shared some insights about its current progress and future plans. It has created a BEP-20 ONI token on the Binance Smart Chain, which will power a big ecosystem around its DeFi exchange.
ONI.exchange was created to provide earning opportunities for everyone. It aims to become one of the biggest names in the DeFi space by providing solutions that will allow anyone to make a profit by simply using its current and upcoming services, such as auto-compounding, farm lock and more.
Currently, it is hosting two pre-sales before launching its platform. The first pre-sale is on the ProBit exchange and requires Know Your Customer verification, and the second is an initial farm offering on ThunderSwap, where anyone can buy ONI tokens with Binance Coin (BNB) tokens and claim them after the pre-sale is over. The official launch date is May 14 to open deposits, and finally, on May 17, minting will commence. A full smart contract audit is also in the works by HashEx auditing company and will be released and available before launch, along with many other security updates that make ONI.exchange one of the safest and risk-free opportunities on the market today.
ONI.exchange CEO Gregor revealed the exchange’s plans and explained what it wants to achieve and how it’s different from other currently similar projects in the DeFi space. The main focus of Oni is nonfungible tokens and stable profits.
Because the ONI token is mintable and has a built-in burn mechanism, the ONI token will be deflationary over time. Because the total supply of tokens on most decentralized exchanges grows, the value of tokens naturally decreases.
ONI.exchange’s solution to this problem is to build an ecosystem that will burn more tokens, causing deflation and making the ONI token a valuable and stable asset in the crypto space.
ONI.exchange plans to launch an ONI Market (ONIM) where users will be able to buy, sell, trade and collect ONI NFTs. Additionally, ONI.exchange has developed ONI Shards, a separate superfarm with ONIS tokens, which will be needed for breeding ONI NFT characters, and you can only receive ONIS by staking ONI in the ONI Shards superfarm and later by buying them on the market. Finally, ONI.exchange has created ONI Legends, a game similar to Axie Infinity that will have ONI battles, land gameplay, land plots, NFTs, accessories and more.
All of these platforms will work seamlessly with one another and put ONI tokens to use.
If all of the above gets realized, the ONI token will become one of the most valuable assets in the crypto world, and ONI.exchange will be among the biggest DeFi names in the industry.
For more information, click on the links below:
The pre-sale ends on May 13, 2021.
- IFO on ThunderSwap (No registration, KYC or country restrictions; simple purchase with BNB tokens).
- IEO on ProBit (Registration and KYC required, country restrictions (United States), purchase available with ProBit Token (PROB), Bitcoin (BTC), Ether (ETH), Tether (USDT) and XRP.
Website: https://oni.exchange
Docs/Whitepaper: https://oni-exchange.gitbook.io/oni-exchange/
Community (Telegram): https://t.me/oni_exchange
Twitter: https://twitter.com/oniexchange
Instagram: https://www.instagram.com/oniexchange/