Orcus Finance is delivering the first Fractional-Algorithmic Stablecoin - oUSD, which is pegged to the United States dollar and is built on the Astar Network. Since Astar Network is a gateway to the multi-chain environment, we are going to expand our stablecoin to as many networks as possible in the near future.
oUSD uses Dual-Token collateralization, meaning that every oUSD is backed by USDC on the one side, and a part of a governance utility token - $ORU on the other. The oUSD token doesn’t have any hard cap or fixed total supply, the circulation supply of stablecoin depends on the current market supply and demand.
ORU token plays governance and share role inside every minted oUSD. Besides, ORU has a deflationary economical model. It was designed to be burnt and/or protocol owned by the team. This tactic was taken from Olympus DAO.
Orcus Finance is an entirely decentralized and autonomous protocol with the native governance token which aims to be the first leading Fractional-Algorithmic Stablecoin issuer on the Astar network and to implement multiple useful financial tools and other synthetic assets in the ecosystem.
CEO and Business development
Professional trader and financial analyst, Founder of the Russian-speaking crypto community “EASY CRYPTS”. Advisor of the worldwide popular cryptocurrency exchanges Binance and EXMO.
Head of Delivery
An expert in the DeFi market with 2+ years of experience. Mid-term crypto investor. Market researcher, on-chain analyst, and financial advisor. Responsible for the development management, project management, and the creation of the economical logic.
Responsible for technical logic of the protocol including the front-end and back-end parts. Has years of experience in developing smart contracts on Ethereum, BSC, and Polygon. Previously worked on developing dApps based on React.js and Web3.js
A professional full of passion for software development and especially for web applications. Responsible for developing complex, scalable, testable, and high-quality web applications with clean architecture and a fully automated continuous delivery manner.
Professional advisor, with 5+ years of experience offering his financial advisory expertise to technology companies in Silicon Valley and beyond. Has been a part of Deutsche Bank’s Semiconductor Equity Research team and Comerica Bank’s Technology and Life Sciences group.
Economical logic advisor
An expert with 15+ years of experience in trading, consulting, risk management, and brokerage within investment companies in global markets (US, EU, Asia, EM, Russia), including equities, derivatives, FI, FX, REPO, Crypto.
Business Development Manager
International lawyer and a business development manager with more than 12 years of experience working in the industry. Responsible for the legal side of the project, expert market research, business processes management, risk mitigation, partnership establishment, business development strategies, and more.
A weathered graphic designer and a true expert that has experience working with about every imaginable branch of design, including interfaces, dashboards, mobile applications, corporate websites, landing pages, and more.
$200k equivalent ASTR for the initial liquidity provision on ArthSwap:
- ORU / oUSD pool
- ORU / USDC
- oUSD / USDC
$20k equivalent ASTR for:
- AMA sessions
- Infographic overviews
- Articles and content
$20k equivalent ASTR for:
- BTC asset implementation
- Other assets implementation based on community voting
- Development cost coverage
The ORU token is the utility token and stands as a share:
🗸 Governance token which is the unit of the voting power
🗸 Utility token in the mint/redeem Dual Token System
🗸 Reward token for the liquidity providers
🗸 Profit-sharing token for the stakers
The total scheduled emission: 1,000,000,000 ORU
7,000,000 ORU tokens are scheduled for distribution for the liquidity providers and contributors of the protocol within the next 6 years. The emission of ORU is not fixed, it’s subject to change during adjusting new rates for boosting rewards to incentivize partners of Orcus Finance.
250,000,000 ORU tokens are reserved for the core team of Orcus Finance and will be distributed within the next 6 years.
50,000,000 ORU tokens are reserved for the Treasury and will be distributed within the next 6 years. The purpose of this allocation is targeted for: