Odin Overview
Sustainable Asset Fund for Universal Users
Last updated
Sustainable Asset Fund for Universal Users
Last updated
OAP gives the Odin token automatic staking and compounding features, and the highest Fixed APY in the market at 382,945.41% for the first 12 months.
Odin Financial is a company focused on DeFi innovation that creates benefits and value for Odin token holders. Our OAP protocol that is used within the Odin token grants exceptional benefits for holders of $ODIN:
Low Risk with the Odin Insurance Fund (OIF) - 5% of all trading fees are stored in the Odin Insurance Fund which helps sustain and back the staking rewards by maintaining price stability and greatly reducing downside risk.
Easy and Safe Staking - The Odin token always stays in your wallet so it doesn’t need to be put into the hands of a 3rd party or centralized authority. All you need to do is buy & hold as you automatically receive rewards in your own wallet so there’s no more complicated staking processes at all.
Interest Yield with Automatic Payments - You need not be worry about having to re-stake your tokens. Interest yield is paid automatically and compounded in your own wallet, guaranteeing you will never miss a payment.
Highest Fixed APY - Odin pays out at 382,945.41% in the first 12 months which rivals anything in the DeFi arena to date. After the first 12 months the interest rate drops over a predefined Longterm Interest Cycle period.
Rapid Interest Payments - The Odin Financial pays every Odin Token holder each and every 15 minutes or 96 times each day, making it the fastest auto-compounding protocol in crypto.
Auto Token Burn - One of the exciting features of the Odin Financial is an automatic token burn system named “The Fire Pit” which prevents circulating supply getting out of hand and becoming unmanageable. The Fire Pit burns 2.5% out of all Odin Token market sales and is burned in the same individual transaction.
The OAP uses a complex set of factors to support its price and the rebase rewards. It includes the Odin Insurance Fund (OIF) which serves as an insurance fund to achieve price stability and longterm sustainability of the Odin Financial by maintaining a consistent 0.02355% rebase rate paid to all $ODIN token holders every 15 minutes.
The Odin development team has coordinated all of these elements together so they work seamlessly behind the scenes. The result is a simple and elegant staking and rewards system for $ODIN holders.
