Skip to main content
Bahasa Indonesia

New Listing Announcement: Ondo (ONDO)

Tokocrypto Official
  • Updated

Hi Tokonauts,

We are excited to announce the listing of a new cryptocurrency, Ondo (ONDO), on our trading platform. This listing aims to provide a wider range of services and more profitable trading opportunities for all Tokocrypto users.

ONDO/IDR trading pair will be available starting September 4th, 2024, at 15:00 WIB.

 

About Ondo (ONDO)

What is Ondo Finance? Ondo Finance is a protocol designed to bridge the gap between traditional finance and the cryptocurrency world. The platform enables tokenizing real-world assets (RWAs), such as government bonds, stocks, and others, into digital tokens that can be traded on the blockchain. This opens up opportunities for investors to gain exposure to these assets in a more efficient and transparent manner.

ONDO Token ONDO is the native token of the Ondo Finance ecosystem. The token has several key functions, including:

  • Governance Token: Holders of the ONDO token have voting rights in decision-making regarding protocol development.
  • Utility: The ONDO token can be used to pay transaction fees and access certain services within the Ondo ecosystem.

Advantages of Ondo Finance

  • Tokenization of Real-World Assets (RWAs): Ondo allows investors to own a fraction of valuable assets like US government bonds more easily and affordably.
  • Efficiency: The tokenization and trading of assets become more efficient thanks to blockchain technology.
  • Transparency: All transactions are recorded on the blockchain, making them accessible and verifiable by anyone.
  • Accessibility: Ondo allows individual investors to invest in assets previously only accessible to large institutions.

ONDO Tokenomics

  • Token Name: Ondo (ONDO)
  • Total and Maximum Token Supply: 100,000,000 ONDO
  • Token Function: Governance token
  • Token Distribution: 5.21 billion tokens (52.1% of total supply) used for ecosystem growth, 3.3 billion tokens (33% of total supply) used for protocol development, 1.29 billion tokens (12.9% of total supply) used for private sales, and 198.88 million tokens (1.98% of total supply) used for community airdrop.

Details:

Note:

  • Cryptocurrency is a high-risk investment. Always do your own research before investing.
  • This article is for informational purposes only and should not be considered investment advice.

Stay tuned for more information on all official Tokocrypto channels:

Telegram: Official Channel Tokocrypto | Official Group Tokocrypto

Twitter: Twitter Tokocrypto

Facebook: Official Facebook Tokocrypto

Instagram: Instagram Tokocrypto

YouTube: Youtube Tokocrypto

LinkedIn: LinkedIn Tokocrypto

Related articles