Ormeus EcoSystem DAO Q1 2021 Recap

Over the past three months, our focus has been primarily on the DeFi platform. By having this ready and live for token holders we can now focus more on the finalization and implementation of the DAO and the ORV 3.0!

In that regard we are excited to share the following news and updates:

ORV 3.0

The current ORV upgrade is going as planned, and, when ready, it will go live on the blockchain via a smart contract. This upgrade is critical in providing better support, faster, easier, and more secure systems to complete all the various Ecosystem components which will directly support the project and the tokens.
Each and every token held by the community and token holders have a value linked to the assets in the ORV. Each part of the ORV is an interconnected value to the token and the Ecosystem as a whole.

DAO

The whitepaper and the platform itself are well underway in the development phase. The objective of the DAO is to provide a new decentralized business model. Making all financial transaction records and rules visible on the blockchain, essentially eliminating the need for third-party approval, and providing a secure incorruptible digital ledger.
Every token holder is a member of the Ormeus Ecosystem DAO which will be confirmed via an issued governance token while holding a minimum amount of all three Ormeus Ecosystem Tokens. This token allows a member to vote on future project-related topics and directions. The more tokens one user holds, the more voting power they will have in the DAO while retaining the governance token. The minimum number of tokens needed have yet to be determined.

All the updates listed above are already underway and are expected to come to fruition during Q2 2021. Be sure to keep checking back for further updates as we continue to move along with the project.

by Admin

Ormeus EcoSystem DAO Update

We are excited to share the following news and updates:

OMCGo Platform Development

There are two apps related to OMCGO: the user app and the partner app. The user app is currently under Beta testing, while the partner app is currently under Alpha testing. Once the partner app is moved to Beta testing as well, both apps will connect and start operating together. Once the connection is complete and approved, it will be deemed a completely functional product where we will then release the platform to further users.

ORV 3.0

The continued work on the ORV 3.0 is coming along as planned. We are working hard to build everything piece by piece to ensure its properly secure and technologically finalized. Bringing the ORV live on the blockchain is an exciting and fundamental step for the entire ecosystem and our community. Stay tuned for further updates!

Token Listings

We have been ramping up token listings on various DeFi exchange platforms over the past 6 months. To date, we have applied for Uniswap, 1inch, and PancakeSwap.

BSC Bridge

We are currently working on a Binance Smart Chain (BSC) bridge, which will enable our token holders to swap ERC-20 tokens for BEP-20 tokens. You can also add liquidity in the liquidity pools of PancakeSwap's DeFi exchange.

Ormeus Ecosystem DAO Platform

The Ormeus Ecosystem DAO platform is also currently under development and moving along as planned. Once completed, it will give our token holders more opportunities and rights to share your thoughts and vote.

More info on the DAO and ORV 3.0 can be expected in Q2 2021, keep your eyes peeled!

by Admin