What is Octro Finance (OCTRO)?
Octro provides a decentralized financial asset that rewards users with a sustainable fixed compound interest model through use of its OAP protocol. Octro delivers the industry’s highest fixed APY, paid every 15 minutes, and a simple buy-hold-earn system that grows your $OCTRO portfolio in your wallet at a lightning-fast pace.
What is the utility of Octro Finance?
Octro is a company focused on DeFi innovation that creates benefits and value for Octro token holders. OAP protocol that is used within the Octro token grants exceptional benefits for holders of $OCTRO. One of the exciting features of the Octro Protocol is an automatic token burn system named “The Furnace” which prevents circulating supply getting out of hand and becoming unmanageable. The Furnace burns 3% out of all Octro Token market sales and is burned in the same individual transaction. The Octro Protocol pays every Octro Token holder each and every 15 minutes or 96 times each day, making it the fastest auto-compounding protocol in crypto.
Octro pays out at 399,391.188% in the first 12 months which rivals anything in the DeFi arena to date. After the first 12 months the interest rate drops over a predefined Longterm Interest Cycle period.
What makes Octro Finance unique?
The OAP uses a complex set of factors to support its price and the rebase rewards. It includes the Octro Insurance Fund (OIF) which serves as an insurance fund to achieve price stability and long-term sustainability of the Octro Protocol by maintaining a consistent 0.02394% rebase rate paid to all $OCTRO token holders every 15 minutes. The Octro development team has coordinated all of these elements together so they work seamlessly behind the scenes. The result is a simple and elegant staking and rewards system for $OCTRO holders.
Who are the founders of Octro Finance?
The founders are not currently doxed / unknown at the moment. Although the project and individuals have been KYC'ed via various contract and project auditing firms.
What are the future plans for Octro Finance?
The future plans are but are not limited to:
App V2 Dashboard.
Deployment Phase - dApp V2 Dashboard.
Cross-Chain Integration.
Locked staking to earn Xoctro and Busd.
Partnerships.
Development and launch of alpha version Mobile Application iOS and Android.
DAO
Merchandising
NFT Collections
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