โค๏ธOCP โ The Heart of Oh Whale
Understanding the Ocean Conservation Pool (OCP)
The Heart of Oh Whale: The OCP represents a lifeline for whales. Every contribution, like a drop in the ocean, collectively creates an unstoppable current of support for ocean conservation.
Presale allocation: 10-15% initial allocation from presale (soft/hard cap)
Transaction Fees: 0.5% of every transaction once token is live will be allocated to OCP
Transparency: dedicated blockchain explorer for fund tracking.
A Proven Tax Mechanism Inspired by Quality Projects The use of a transaction tax is not new in the crypto space. Innovative and successful projects like Floki have demonstrated how a similar tax system can sustainably fund impactful initiatives. The tax isnโt for us, itโs for the purpose. This approach ensures the funding of meaningful causes while maintaining a vibrant and sustainable token ecosystem.
And here is how it works
Once the $OHW token is live on the Etherum network, each transaction will contribute to ocean conservation through a small buy and sell tax of 0.5%. This tax is a core mechanism in our mission to fund ocean conservation.
While this tax is so low that you likely wonโt even notice it during your transactions, it works much like a single raindrop. A single drop might seem insignificant, but when combined with others, it forms streams, rivers, and eventually oceans - creating a real, lasting impact.
80% to OCP: Of this 0.5% tax, the majority (80%, or 0.4%) will be dedicated to the Ocean Conservancy Pool (OCP). This transparent fund will be periodically used to support non-profit organizations and projects focused on protecting marine life and habitats. We will prioritize initiatives with proven track records and measurable impact. 20% to Liquidity Pool: The remaining 20% (0.1%) of the 0.5% tax will be allocated to the liquidity pool on our chosen decentralized exchange (DEX). This ensures the long-term sustainability of the $OHW token and supports its liquidity.
Example:
If you buy or sell $100 worth of $OHW, a total of $0.50 will be allocated as a tax. Of that $0.50: โข $0.40 (80%) will go directly to the Ocean Conservancy Pool (OCP). โข $0.10 (20%) will help support the tokenโs liquidity.
Projected Impact
Now imagine we have a daily trading volume of $1 million: Daily: With $1 million in daily trading volume, the total tax collected would be $5,000. Of that, $4,000 (80%) would be allocated to the OCP, and $1,000 (20%) would go to the liquidity pool. Monthly: If this trading volume remained consistent, over a month (assuming 30 days), the OCP would receive a total of $120,000, while $30,000 would go to the liquidity pool. Just like raindrops forming rivers, the cumulative impact of these small contributions is immense. Together, we can create waves of change for ocean conservation while building a sustainable token ecosystem.
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