A Cryptocurrency on Pulsechain
Purpose
The purpose of OneUSD or $OUSD is to support the pegging of $LUSD to $1 on Pulsechain, bringing value and economic energy to the blockchain.
People
$OUSD is a community-driven token. It is supported by a growing group of like-minded individuals seeking financial freedom.
Process
In order to achieve our purpose, $OUSD buys and burns $LUSD with every transaction. This deflates the supply of $LUSD, moving its value closer to $1.
Pathway
The $OUSD community believes in moving slow to go fast. The efforts will take time and persistence to peg $LUSD to $1. Patience is key, and goal is attainable.
Tokenomics
Driving Forces of OneUSD
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Burns
There is a 2% tax on all buys, sells, and transfers of $OUSD that buys and burns $LUSD.
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Reflections
Holders of $OUSD are rewarded in $LUSD through a 2% reflection tax on every buy, sell, and transfer.
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Liquidity Pool
There is a 2% tax on all buys, sells, and transfers of $OUSD that adds to the liquidity pool and supports price stabilization.
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Supply
There is a total supply of 10 million $OUSD, making it a scarce and valuable token.
$OUSD Contract
0xfbb2566396399aa594fe95d42f1c8b8dfeaafa30
Liquidity Burned
The initial LPs for both Pulsex V1 & V2 were burned at launch.
Contract Renounced
The contract was deployed through Pinksale. At this time, per Pinksale, contracts launched by their service cannot be verified through the IPFS protocol on Pulsescan. Once it does become available, the contract will be renounced.
Contract Audited?
All Pinksale contracts have been audited. For more information, please visit their website and review their documentation linked here.
Supply
The total supply of $OUSD is 10 Million.