What is Optimum Treasury
Last updated
Last updated
For more Information and to speak to customer service team join our discord server.
Optimum Treasury is the first decentralized reserve staking protocol with fractional land auctions. Available on the MATIC Network with the OPT and OTM token. Each OPT token is used to gain entry to the virtual land sales while OTM is backed by a basket of assets (e.g., OTM-MATIC LP Tokens virtual assets etc etc) in the Optimum treasury, giving it an intrinsic value that it cannot fall below. Optimum also introduces economic and game-theoretic dynamics into the market through staking and minting.
In recent times there has been a rise in the popularity of the NFT metaverse, with projects such as SandBox, Decentraland and others making up the sales of virtual land. Prices have now exploded, pricing many people out of the chance of ever owning plots in their favourite metaverse. Our goal is to create a place where everyone can have the opportunity to be virtual land owner's for a fraction of the price. We aim to build a community governed virtual asset auction and wealth ecosystem, native on the POLYGON/MATIC network. In the long term, we believe this system can be used to optimize the metaverse virtual land market and bring stability and consistency so that OPT and OTM can function as a global-virtual real estate fund and medium-of-exchange currency. In the short term, we intend to optimize the system for growth and wealth creation.
How do I participate in Optimum Treasury?
There are a few main strategies for market participants:
Mint an Optimum Treasury NFT and start earning OPT tokens by staking your NFT's via the dashboard. To qualify for the fractional land auction sales simply stake enough OPT tokens for one of the 4 entry tiers.
NFT Staking will be accessible after the the NFT collection sale on opensea via optimum.cash website. All initial NFT holders will be eligible for the Optimum Treasury DAO OTM token airdrop
DAO staking and minting, Stakers stake their OTM tokens in return for more OTM tokens, while minters provide LP tokens in exchange for discounted OTM tokens after a fixed vesting period.
How can I benefit from Optimum Treasury?
The main benefit for Optimum Treasury comes from supply growth. We will hold regular fractional land auctions so that our users can benefit from being fractionalised NFT's land owners. The protocol auctions fractionalised parts of your most popular metaverse lands giving users ownership at a fraction of the price, making them prime virtual real estate owners. NFT holders can gain extra rewards in OPT tokens by staking the Optimum Treasury NFT's.
OTM tokens are minted from the DAO treasury, the majority of which are distributed to the stakers. Thus, the gain for stakers will come from their auto-compounding balances, though price exposure remains an important consideration. That is, if the increase in token balance outpaces the potential drop in price (due to inflation), stakers would make a profit
Optimum Treasury is a new model of crypto platform modified on the Polygon Matic Network. Our team is mostly anonymous, born from the DeFi and NFT Community. We aim at becoming a Decentralized Autonomous Organization, and we are actively working towards that goal.
Currently most of the decisions are taken by the core team, but we expect to be able to turn this into a DAO-governed model as soon as possible!Guides: Jump right in
Follow our handy guides to get started on the basics as quickly as possible:
Learn the fundamentals of MyProduct to get a deeper understanding of our main features: