OMT USDC Reward Research Hub | USDCR information, history and analysis
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.
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.
