Starting from 08:00 AM UTC on March 10th, we officially list OMT USDC Reward Token (USDCr) on the ONUS application. Soon after USDCr is added, users can perform the following features:
- Off-chain transactions: Send and receive USDCr with other users in the ONUS network.
- On-chain transactions: Send and receive USDCr via Arbitrum and ONUS Chain network.
What is USDCr Token?
USDCr is a utility stablecoin in the Open Meta Trade ecosystem, it is equivalent in value to USDC. Users can collect USDCr by participating in Open Meta Trade’s Marketing campaigns, Staking or joining Farming Pools on Open Meta Trade.
USDCr is used for the following purposes:
- USDCr can be used to deduct or reduce fees when trading Futures at Open Meta Trade.
- As rewards for investors and traders for participating in the project’s Marketing programs.
USDCr is listed on the ONUS app to allow users to deposit/withdraw and perform transactions with USDCr.
Specifications
- Name: OMT USDC Reward Token
- Symbol: USDCr
- Platform: Arbitrum, ONUS Chain
- Standard: ERC20
- Type: Utility
- Smart Contract Address:
- Arbitrum: 0xde7c2e9f0f4e3aee21c7e46a8050e48aff4eb157
- ONUS Chain: 0x2495E5639190AA464512E6A12D9f25Dc71Fbc77b
About Open Meta Trade
Open Meta Trade (OMT) is a decentralized Spot and Futures exchange that operates on three networks Arbitrum, ONUS Chain, and BSC. It allows anyone to easily trade derivatives of BTC, ETH, and other assets with up to 50x leverage.
Difference between OMT and traditional derivatives exchanges:
- Low transaction fees
- No price impact, no funding fees
- Users own and manage 100% of trading assets
- Asset prices aggregated using Oracle (on-chain data)
- Trade directly with a user-provided multi-asset liquidity pool
The unique feature of Open Meta Trade is that it is a dual token system comprised of OLP as a liquidity token and OMT as an administrative and utility token. Owners can stake OMT and OLP to receive a 100% profit share from the platform and other extended privileges.
Furthermore, Open Meta Trade has a multi-tier referral mechanism. In addition to trading commissions, people can earn rewards for referring friends to staking and providing trading liquidity on the same platform.
Website: https://omt.finance/.
