H2OdataH2O Fundamentals: Governance and Tokenomics
What is H2O?Although some of this information was mentioned in previous posts, we want to reiterate the critical points about H2O.H2O is a stable asset for decentralized data marketplaces.H2O is a friendly fork of Reflexer’s stableasset, RAI.Initially, the Ocean token will back H2O, but other next-generation data tokens will back H2O later this year.H2O will act as a medium of exchange and unit of account.H2O removes the pricing variability in decentralized data marketplacesTo summarize, H2O ...
H2OdataH2O, the first non-pegged stable asset for the Web3 Data Economy, is here
The time has come.After eight busy months of hard work, the H2O team is thrilled to announce the launch of H2O, an important milestone for the entire Web3 Data Economy. H2O is a non-pegged and decentralized stable asset backed by OCEAN. H2O is now live on Ethereum mainnet. Across all industries, the transformational power of data is impossible to ignore. McKinsey reports that data “can help unlock $3 trillion to $5 trillion in economic value.” The Economist writes that “The world’s most valua...
H2OdataH2O Fundamentals: Governance and Tokenomics
What is H2O?H2O is a stable asset for decentralized data marketplaces.H2O is a friendly fork of Reflexer’s stable asset, RAI.Initially, the OCEAN token will back H2O, but other next-generation data tokens will back H2O later this year.H2O will act as a medium of exchange and unit of account.H2O removes the pricing variability in decentralized data marketplaces To summarize, H2O will help solve multiple issues in decentralized data marketplaces, such as capital efficiency, stability in transac...
The new wave of a data backed stable asset
H2OdataH2O Fundamentals: Governance and Tokenomics
What is H2O?Although some of this information was mentioned in previous posts, we want to reiterate the critical points about H2O.H2O is a stable asset for decentralized data marketplaces.H2O is a friendly fork of Reflexer’s stableasset, RAI.Initially, the Ocean token will back H2O, but other next-generation data tokens will back H2O later this year.H2O will act as a medium of exchange and unit of account.H2O removes the pricing variability in decentralized data marketplacesTo summarize, H2O ...
H2OdataH2O, the first non-pegged stable asset for the Web3 Data Economy, is here
The time has come.After eight busy months of hard work, the H2O team is thrilled to announce the launch of H2O, an important milestone for the entire Web3 Data Economy. H2O is a non-pegged and decentralized stable asset backed by OCEAN. H2O is now live on Ethereum mainnet. Across all industries, the transformational power of data is impossible to ignore. McKinsey reports that data “can help unlock $3 trillion to $5 trillion in economic value.” The Economist writes that “The world’s most valua...
H2OdataH2O Fundamentals: Governance and Tokenomics
What is H2O?H2O is a stable asset for decentralized data marketplaces.H2O is a friendly fork of Reflexer’s stable asset, RAI.Initially, the OCEAN token will back H2O, but other next-generation data tokens will back H2O later this year.H2O will act as a medium of exchange and unit of account.H2O removes the pricing variability in decentralized data marketplaces To summarize, H2O will help solve multiple issues in decentralized data marketplaces, such as capital efficiency, stability in transac...
The new wave of a data backed stable asset
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It's here! The airdrop you've all been waiting for, 'Wen Airdrop' ?!
At H2O we like to take good care of our partners, so we prepared sizable airdrops and rewards in POSEIDON ($PSDN) for our core communities: New Order, Ocean Protocol and Reflexer.
H2O is a data-backed stableasset with a managed float regime. Initially, it is backed by $OCEAN, though very soon will be collateralized by next-generation data tokens. H2O serves as a medium of exchange and unit of account in data marketplaces. The governing token of the protocol is POSEIDON, which will be used to govern the initial parameters of the protocol, bootstrap ecosystem development, and incentivize the liquidity of the protocol. We see H2O becoming the dominant medium of exchange and unit of account for data tokens, and positioning itself as an integral part of decentralized data economies.
4% of the total supply is allocated to New Order Stakers (LP and Single Sided). The New Order Airdrop is released in 4 tranches, equally distributing 1% on each tranche. The first tranche is distributed immediately at TGE (April 27th); the other 3% are distributed over the next 2 months via our upcoming veNEWO tokenomics. With veNEWO the lock period and # of tokens locked would dictate the Airdrop allocation.
Note that for LP stakers only the NEWO held in the LP positions will be entitled to the PSDN airdrop, the non NEWO side of the LP will not be allocated PSDN.
4% of the total supply is allocated to Ocean Snapshot Voters. It will incentivize H2O protocol use and distribute governance to ecosystem members. The distribution will follow the same tranche structure as New Order, where 1% will be airdropped at TGE with 3 following tranches over the next 2 months.
FLX stakers will be entitled to PSDN rewards when staking the FLX/ETH LP. 7% of the PSDN supply will be distributed over a period of 18 months further allocating H2O governance to ecosystem partners.
Claiming will be available on April 27, soon after TGE. Eligible addresses will be able to claim on the New Order and H2O Dapps.
We’d love for you to join our growing community of builders and users committed to decentralized data economies in DeFi. You can start by joining one or more of our community channels.
H2O is a data-backed stableasset with a managed float regime that serves as a medium of exchange and unit of account in decentralized data marketplaces.
It's here! The airdrop you've all been waiting for, 'Wen Airdrop' ?!
At H2O we like to take good care of our partners, so we prepared sizable airdrops and rewards in POSEIDON ($PSDN) for our core communities: New Order, Ocean Protocol and Reflexer.
H2O is a data-backed stableasset with a managed float regime. Initially, it is backed by $OCEAN, though very soon will be collateralized by next-generation data tokens. H2O serves as a medium of exchange and unit of account in data marketplaces. The governing token of the protocol is POSEIDON, which will be used to govern the initial parameters of the protocol, bootstrap ecosystem development, and incentivize the liquidity of the protocol. We see H2O becoming the dominant medium of exchange and unit of account for data tokens, and positioning itself as an integral part of decentralized data economies.
4% of the total supply is allocated to New Order Stakers (LP and Single Sided). The New Order Airdrop is released in 4 tranches, equally distributing 1% on each tranche. The first tranche is distributed immediately at TGE (April 27th); the other 3% are distributed over the next 2 months via our upcoming veNEWO tokenomics. With veNEWO the lock period and # of tokens locked would dictate the Airdrop allocation.
Note that for LP stakers only the NEWO held in the LP positions will be entitled to the PSDN airdrop, the non NEWO side of the LP will not be allocated PSDN.
4% of the total supply is allocated to Ocean Snapshot Voters. It will incentivize H2O protocol use and distribute governance to ecosystem members. The distribution will follow the same tranche structure as New Order, where 1% will be airdropped at TGE with 3 following tranches over the next 2 months.
FLX stakers will be entitled to PSDN rewards when staking the FLX/ETH LP. 7% of the PSDN supply will be distributed over a period of 18 months further allocating H2O governance to ecosystem partners.
Claiming will be available on April 27, soon after TGE. Eligible addresses will be able to claim on the New Order and H2O Dapps.
We’d love for you to join our growing community of builders and users committed to decentralized data economies in DeFi. You can start by joining one or more of our community channels.
H2O is a data-backed stableasset with a managed float regime that serves as a medium of exchange and unit of account in decentralized data marketplaces.
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