OTO Protocol
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Farming-as-a-Service meets Titano Tokenomics
OTO Protocol proudly presents a Farming-as-a-Service + Automatic Staking and Automatic Compounding Protocol. This is a huge competitive edge against existing protocols and a big answer to — What’s the difference of OTO Protocol from other projects?
One of the biggest waste of potential for existing Automatic Staking and Automatic Compounding Protocol is the usage of their Insurance Funds which is referred to as the OTO Vault for OTO Protocol. As developers, the team wouldn’t want that the OTO Vault funds are just sitting around doing nothing. To maximize its potential, the OTO development team is introducing the incorporation of Farming-as-a-Service concept to further innovate and efficiently manage funds for our users.
The concept of Farming-as-a-Service is very simple yet powerful. Through pooled funds that are easily attained through the tax system of the OTO Protocol, the development team will initiate multiple blockchain farming. This allows the OTO Vault to be exposed on different protocols and earn rewards either through staking or providing liquidity. Accrued rewards and yields from this ventures are then brought back to the OTO Protocol ecosystem. How? The development team came up with different ways to do so.
First, accrued rewards and yields from multiple chain farming is used to buyback $OTO Tokens off the market. These bought back tokens are then distributed back to $OTO holders depending on their holdings. This simply means, bigger percentage of held $OTO tokens leads to better rewards from the multi-chain farming ventures.
Second, this now creates a double reward system for our users. OTO Protocol rewards its users from positive rebase mechanism and multi-chain farming. This scenario creates a healthier and sustainable rewards system and boost the high fixed APY.
Lastly, having the ability to be part of the different protocols through our OTO Vault Multi-Chain Farming gives us a diversified exposure and significant future airdrops/allocations through an ever-growing OTO Vault.
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