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Monday, May 23, 2022

Osmosis Airdrop Review: Earn Rewards by Providing Liquidity

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About Osmosis Airdrop

Osmosis Airdrop is the first over-the-counter market protocol for cryptocurrency trades and transactions with no centralized authority. It is a new platform that allows users to trade cryptocurrencies or tokens that are otherwise unlisted or unavailable until the expiration of a lock-up period which is usually determined by the project teams.

OTC Space is giving away a total of 10,000,000 OTC & 1,000 BUSD to 710 lucky participants. Complete simple social tasks and submit your details to the giveaway form to get a chance to win up to 25,000 OTC or 100 BUSD each. OTC Space is a limit breaking protocol lets you Buy and Sell digital assets during lock-up period.

PlatformTotal ValueMax. ParticipantsWebsite
Binance Smart Chain10,000,000 OTC & 1,000 BUSDUnlimitedClick Here To Visit

Step No 1

Register for the Osmosis Airdrop Airdrop Airdrop, by creating an account.

Step No 2

Verify your email & log in to your account.

Step No 3

Take part in the referral program and invite 3 friends.

Step No 4

Join Osmosis Airdrop Airdrop on Telegram group & Telegram channel

Step No 5

Follow Osmosis Airdrop Airdrop on Twitter & like/share the pinned tweet and tag 3 friends.  

Step No 6

Like/follow Osmosis Airdrop Now, everyone can become a Airdrop on Facebook & like/share the pinned post.  

Problems of OTC Markets

Traders need to do large transactions without KYC

Carrying out large transactions on exchanges requires different level of KYC and submission of personal information. Doing this makes such individual susceptible to risk of identity exposure which is absent in the OTC market.

Zero safety

The major marketplace for OTC trading are social media platforms, groups, chats and forums. In most cases, they predispose transacting parties to risk of fraud.

Financial wild west

Prices are characterized with lawlessness and zero regulation. OTC market does not depend on traditional market forces like demand and supply. Rather, it depends on the discretion of the buying and selling party and it can be extremely different from one buyer or seller to another.

Failure of supply

After the expiration of the token lock-up period, a seller can decide to back out from the deal, especially if the price goes higher than it was initially set during the terms of transaction with the buyer.

Time

A lot of time is spent on searching for who to transact with and discussing the terms of transaction such as price and escrow.

OTCSpace Competitors

This project is a novel idea in the blockchain/cryptocurrency industry and has no competitor at the moment. In the event of competition, we have well defined strategies and unique value propositions that will give us a competitive advantage and edge over others in the industry.

How It Work Osmosis Airdrop

Trading

Trading on OTC Space is carried out in the form of deliverable futures.

Placing a Sell Order

Placing a sell order by a seller on OTC Space requires depositing a collateral that is equivalent to the amount of token to be sold in BUSD.

Placing a Buy Order

When a buyer wants to buy a token, no additional action is required other than click the buy button.

Transaction Expiration

The deliverable futures transaction expires after the end of the token lock-up period.

After Transaction Expiration

The seller forwards the token to the buyer and their collateral is returned to them.

Seller’s transaction failure

If the seller failed to meet up the initial selling agreement, collateral they deposited in the smart contract is made available to the buyer.

Escrow Trade

An unlimited range of applications and not limited only to OTC digital assets trading.

And even More

Participate in High yield OTC Market

Fix your profit

Sell tokens of promising blockchain projects during lock-up period to hedge your risks.

Buy before it’s too late

Hurry up to get the tokens of top-notch projects before they are listed on exchanges after which the price moons.

Get Rewards

Earn rewards by providing liquidity.

Stay private

Maintain complete anonymity while trading and participating in community governance.

Feel safe

Have full control over the funds.

Be a Boss

OTC Space is Decentralized organization and hasn’t CEO and other traditional managers. These roles are divided among the users.

Platform Governance

OTCSpace is a DAO and the activities of the platform are controlled and governed by its community. It is completely decentralized, and $OTC token will govern it. Holders of the token will have voting rights and power based on the amount of tokens they hold and they can debate, propose, and vote on all changes to OTCSpace platform.

This will allow the network to be upgraded by anybody with a good idea of how the platform can function better and they will be incentivized accordingly. For a proposal to go through, majority of the votes cast must be in favour. If there are more than two options, the one with the most votes win.

$OTC Token

$OTC Token is the native token of the OTCSpace Platform and here is a summary of some of it utilities:

  1. To pay the fees charged on transactions
  2. To pay the fees charged on token transfers
  3. To take part in the liquidity pool
  4. To cast votes and participate in the governance of the platform
  5. Allocation and distribution
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