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Open Exchange Token has been rebranded to OX Coin
Today http://OX.FUN introduces $OX v2 ("OX Coin"), the spiritual heart of http://OX.FUN. To honor the OG $OX Community, all $OX v1 holders can now convert 1:1 to the new $OX for a limited time only
How to convert:
Sign up to http://OX.FUN and deposit $OX v1 to automatically convert it to $OX v2 at 1:1, with your original $OX tokens burned. All users who have already deposited will have their $OX tokens converted automatically.
Why?
Depositing $OX to http://OX.FUN converts it to $OX v2, which earns 5% APR paid daily on your balance, no lockup. You can use $OX v2 as collateral to trade perps on 40+ pairs. 200% APY in $OX can be earned by completing daily Trading Missions (volume and bidding). Further, there are ongoing trading competitions and all users making losing trades earn $MILK. Soon, Copytrading Vaults will launch for $OX holders to deposit in trader-run vaults. A House Fee Vault will also launch that redistributes all http://OX.FUN trading fees to stakers, allowing users to bet on the house.
Tokenomics:
$OX v2 is only created when $OX v1 tokens are burned. Max supply is 9.86B (identical to $OX v1 supply). At the end of the conversion period, max supply is capped at the converted amount, permanently reducing supply. After this, $OX v1 holders will no longer be able to convert to $OX v2.
The contract ID for $OX v2 is: 0xba0Dda8762C24dA9487f5FA026a9B64b695A07Ea（ETH/Arbitrum）
