Oxbull.Tech: Spicing Things Up with Smart Staking and the new IDO Approach
Following our earlier post on changes in Oxbull’s staking (Read here), the time has come for the implementation of Smart Staking.
If you’re not aware by now, OXB has been the utility token in the Oxbull ecosystem. Being a Reflection Token, OXB holders earn passive rewards through the redistribution of 2% fees across all transactions within the ecosystem. On the other hand, staking OXB enables you to participate in projects being launched on the launchpad. After 9 successful IDOs, and listening to the community, the team has noted that communities are conflicted at times whether to stake and earn APY, or hold in the wallet and enjoy the reflection rewards. Hence we thought to ourselves: