OVD is the next fkin hype train deflationary + no whales

[Anonymous No.24316263]

OverDriveDefi project is a community centric, hyper deflationary token with a new dynamic burn tokenomics called Milestone Burning. The burn % per transaction changes dynamically with the price of $OVD, in this case the ratio of pooled wETH-OVD on uniswap. OverDriveDefi smart contract also limits hodlers with a maximum cap of 300K $OVD to prevent whale manipulation in the event the supply hits 2.5M, this is because community involvement and fair trading is very important to the ecosystem.

These tokens are community-based which will feature a decentralized appstore. We will be having $SPARK as our yield farming token and will act as the native currency for the ecosystem; dAppstore.

About Spark Token

$SPARK is an inflationary token and will be acting as the native currency of the ecosystem. It will be farmed from a YFI-UI inspired platform with over 1,100% APY but shrinks as the pool expands. Available pools include WETH - OVD, DAI - OVD, USDC - OVD and USDT - OVD.

Supply: 1B
Burn mechanics: 1%
Community allocation: 600M
Team (2 year vesting period with a perpetual inflation of 5% per annum): 200M
Marketing: 100M
Airdrops: 100M
Uniswap Liquidity: 100M
Contract: TBD

$OVD will be the only token to be used for governance in the ecosystem.

No pre-mine tokens
No presale
No minting function
NO WHALES
Yield farming, DAO, Layer-2 using plasma and Optimistic Rollups for dapps.
PoC Wallet & MVP dApp "Scanvenger Hunt"
No dev fund.
2 Devs. Front end and Backend.

[Anonymous No.24316270]

Tokenomics of $OVD utilizing proprietary function called Milestone Burning:

Burn Rate (referred to as Milestone Burning) will be dependent on token price:

Token price:
$0.005 --> 8%
$0.025 --> 12%
$0.125 --> 16%
$0.625 --> 20%
$3.125 --> 24%

- Initial Total Supply: 10,000,000 $OVD
- Minimum Supply after burn: 2,500,000 $OVD
- Each Addy: Cap of 300,000 $OVD to prevent whale manipulation
- Liquidity locked for an initial 4 days (in case of smart contract vulnerabilities), then subsequently 6 months.

About dAppstore:
First dApp in development:
>>> Scavenger Hunt
This app allows you to create a “geo hotspot” on a map . When the user is within the geo hotspot, they can click on the “Unlock Location” button to receive a $SPARK Token. $SPARK Tokens (and other tokens) are created on the Oasis Blockchain. You can easily customize this app by changing the geo hotspot area that can give you coins when you are within its boundaries. More on this on 23rd November.

Github: https://github.com/zac-bennett/OverDrive
Etherscan: https://etherscan.io/address/0x37d7ee466a55034679d57a8d52c0d64926fb7996#code
Dextools: https://www.dextools.io/app/uniswap/pair-explorer/0xba3c221d207e58057556c192867952d71df22784
Uniswap: https://app.uniswap.org/#/swap?inputCurrency=0x37d7ee466a55034679d57a8d52c0d64926fb7996
Liquidity Locked: https://v2.unicrypt.network/pair/0xba3c221d207e58057556c192867952d71df22784
Website:
Medium:
Twitter: https://twitter.com/OverDriveDeFi?s=09

[Anonymous No.24316496]

Just launched?

[Anonymous No.24316522]

>>24316263
just bought a bag thanks OP

[Anonymous No.24316574]

No whales no dumps. Deflationary. I'm in

[Anonymous No.24316603]

I'll fuck with it chads

[Anonymous No.24316767]

Is it normal for this board to have so many shills? How come they aren't getting shat on?

[Anonymous No.24316782]

>>24316767
because it's not a shit project anon

[Anonymous No.24316869]

website: (https://overdrive-defi.site/))
medium: (https://overdrivedefi.medium.com/))

FYI

[Anonymous No.24317152]

Pls tell me this isn't a rug. I aped 1 eth

[Anonymous No.24317199]

No whales is good enough for me.

[Anonymous No.24317200]

Damn this is actually a novel idea. Fuck it I’ll ape in

[Anonymous No.24317241]

Top kek even lilmoonlambo is in

[Anonymous No.24317259]

>>24317241
Wtf am I still early?