Oh! Token
ERC-20 Governance and Profit Share Token
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ERC-20 Governance and Profit Share Token
Last updated
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The OhToken
is a standard ERC-20 token that is used by the protocol for Governance and Profit Share.
name
- Oh! Finance Token
symbol
- OH
decimals
- 18
totalSupply
- 100,000,000
The Oh! Finance Token supports calling the permit()
function (EIP-2612 Compliant) for signature-based approvals.
Oh! Finance Tokens represent voting rights in the protocol governance module. Each token transfer stores a checkpoint which can be referenced on-chain to determine a user's voting power at any given block.
Users can delegate their votes to a trusted party or self-delegate to participate in protocol voting.
Oh! Finance Tokens are used as a proxy for protocol revenue. A percentage of total profit generated from all Indexes are redistributed to Oh! Finance Token holders through an on-chain buyback & burn mechanism.