Tokenomics

OyaaPay introduces a native token, $OYA, designed to underpin the platform's economic and governance model, creating a self-sustaining ecosystem that rewards participation, ensures platform security, and facilitates a wide range of financial transactions.

Role of the Native Token within OyaaPay’s Ecosystem

The $OYA token is integral to OyaaPay's Web3 Digital Bank infrastructure, serving multiple key functions that enhance user experience and platform security. It acts as a utility and governance token, enabling token holders to participate in decision-making processes and benefit from the ecosystem's growth.

Token Distribution and Allocation

The total supply of $OYA tokens is capped to ensure scarcity and value preservation. The distribution is as follows:

• 30% to the public through token sales

• 25% reserved for the team and advisors, with a vesting period to align long-term interests

• 20% allocated to the ecosystem fund to support platform development, partnerships, and community initiatives

• 15% dedicated to marketing and user acquisition strategies

• 10% set aside for liquidity pools to ensure market stability

Use Cases for the Token

• Transaction Fees: $OYA tokens can be used to pay for transaction fees on the platform at a discounted rate, incentivizing users to hold and use the token for everyday financial operations.

• Rewards: Users are rewarded in $OYA tokens for various activities, including savings, participating in DeFi protocols, and referring new users, fostering a vibrant and engaged community.

• Governance: $OYA token holders have the right to vote on key platform decisions, including new feature proposals, changes to fee structures, and the addition of new financial products, ensuring a decentralized governance model.

• Staking: Users can stake $OYA tokens to participate in platform security and earn staking rewards, contributing to the overall stability and security of the ecosystem.

Token Sale and Fundraising Details

• Pre-Sale: A limited pre-sale of $OYA tokens will be conducted to strategic investors and early backers, with specific terms designed to support early participation.

• Public Sale: Following the pre-sale, a public sale will be open, allowing broader participation. Details regarding the public sale, including dates, prices, and allocation per participant, will be transparently shared to ensure fairness and compliance with regulatory standards.

• Fund Usage: Funds raised through token sales will be allocated towards platform development, regulatory compliance, marketing, liquidity provisioning, and operational expenses.

The tokenomics of OyaaPay are designed to balance the distribution of tokens across stakeholders, ensuring long-term sustainability and growth of the platform. Through strategic allocation, use cases, and fundraising, $OYA tokens are set to become a cornerstone of the OyaaPay ecosystem, driving engagement and facilitating the seamless operation of a truly decentralized digital bank.