An Introduction to ONES

The total supply of ONES is fixed at 100 million, 50% of which will be distributed to the community through multiple mining methods.

ONES is a deflationary token. According to the OneSwap white paper, the transaction fees generated in the swap and transactions are divided into two parts: 60% directly goes to the liquidity provider, and 40% is used to repurchase and burn ONES. The ONES are automatically repurchased and burned through the BuyBack.

On-chain governance of OneSwap is realized through proposals and community voting. Users with a sufficient number of ONES (more than 1% of the total tokens) can initiate proposals, and any user who holds ONES can vote for or against the proposal.

Contract address: 0x9F4165009e93b7f5BA61A477ad08Cd3D1aD8aa36