Treasury

Treasury is a smart contract which makes buybacks of OGEM token and stores them in a safe place. Investors can check it at anytime to see how much BNB and tokens are in there.

How does it work?

We have 1% tax on buys and sells in our tokenomics which directly fills our treasury with BNB. Additionaly a part of revenue that we earn in our ecosystem with "The Mine" and future utilities (CoinLocator, Project X, DEX) is also going to be used to top up the treasury with BNB. The BNB is then used for buybacks of our native token OGEM, which consequently drives the price up and creates higher price floors. Tokens that are bought back are safely stored in the treasury contract.

Bought-back tokens will be devided as follows:

• 20% Burn (addition of automatic Hyper-Deflationary system)

• 80% Staking pools (OGEM Token and NFT staking)