4.2 Phase Two
$OXY Token
Network: Ethereum Mainnet (ERC-20)
Layer 2: Polygon
Ticker: $OXY
$OXY has an unlimited supply and will be the reward token native to the VO2 platform, powering VO2’s engage-to-earn model. When a VO2 athlete wins a game, all athlete token-holders will be rewarded with $OXY proportional to how many fan points they have. $OXY can be used for all purchases on the VO2 platform, and any other merchandisers who choose to accept $OXY. $OXY will replace Oxygen Credits.
To provide liquidity, 60,000,000 $OXY will be created and added to liquidity pools.
$OXY burn occurs during every transaction of $OXY.
More detailed information about the tokenomics of $OXY will be released prior to token launch.
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