Enable ORA/WBNB (1% fee tier) V3 gauge on BNB Chain

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Overview

Proposal to enable ORA/BNB 1% fee tier V3 gauge on BNB Chain

Background

ORA is building World Intelligence protocol. ORA Coin is ORA protocol’s token.

Details

  1. Boost Multiplier and Emission Cap %: 1.00x boost multiplier and 0.5% emission cap
  2. Audits: GitHub - ora-io/audit-report-imo; GitHub - ora-io/audit-report-staking; Audits/audits/OFT-OAPP-ChainSecurity-30JAN2024.pdf at main · LayerZero-Labs/Audits · GitHub; Audits/audits/OApp&OFT-Zellic-12JUN2024.pdf at main · LayerZero-Labs/Audits · GitHub
  3. Token Utility: The $ORA token is central to the ORA ecosystem, serving multiple roles including: 1. Access to IMO: $ORA grants ecosystem members the access to IMOs, funding the next state-of-the-art AI models and driving innovation in open-source AI. 2. Node Operator: By staking $ORA, operator can run decentralized nodes, supporting services like OAO and RMS while earning fees. 3. Governance: $ORA holders play a crucial role in shaping the future of the protocol through decentralized governance.
  4. Volatility: $ORA is not a pegged token.
  5. Oracles: Price oracles are not used in the protocol.
  6. Control: No address holds the private keys to the token contract or the Position Manager vault contract.
  7. Merit: This proposal will benefit PancakeSwap by powering PancakeSwap with huge network and ecosystem of $ORA coin, including Initial Model Offering communities like $OLM, $BRM, $KUMO, and AI agents like $LYRA, $ZAI.
  8. Vault Strategy (for Position Managers only): /

Links

  1. Token address: ORACoinOFT | Address 0x333333c465a19c85f85c6cfbed7b16b0b26e3333 | BscScan
  2. Liquidity pool address: PancakeV3Pool | Address 0x2c2b8c71bcb7e8edbe2dc2b2415502bff897315b | BscScan
  3. Position manager vault address (if applicable): /
  4. Website: https://ora.io
  5. Socials: https://x.com/oraprotocol
  6. Documentation: https://docs.ora.io
  7. Github: ORA · GitHub
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Thank you for your application. The Kitchen has enabled the ORA/WBNB (1% fee tier) V3 gauge on BNB Chain with 1x boost multiplier and 0.5% emissions cap.

1 Like