#176
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OpenDAO

SOS

About

OpenDAO is a token for the NFT ecosystem. An airdrop is conducted for all users who have traded on OpenSea. Treasury holdings will be used to protect traders on OpenSea, support NFT artists/communities, and for developer grants.

$14,612,342

30d

+0%

N/A

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Stake SOS/WETH SLP
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Calculate how much you can earn by staking OpenDAO. Results vary based on the staking amount, term, and type selected.

USD
SOS

Advanced calculator

Revenue over time (USD / week)

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0%

or 0% annualized

Est. Monthly Earning

$0

0 SOS

Est. Yearly Earning

$0

0 SOS

FAQ's

  • How was OpenDAO Launched?
  • The SOS token contract is: 0x3b484b82567a09e2588a13d54d032153f0c0aee0 on the ethereum network.

    Claim Your SOS Airdrop

    SOS Token Distribution

    There will be 100 trillion total SOS tokens, and the distribution is as follows

    • 50% airdrop to OpenSea users
      • 50% of SOS token will be distributed to all addresses that have traded on OpenSea since day 1. The snapshot was taken on 23 Dec 2021 12:00 (UTC) at block 13858107.
      • The distribution is based on the total number of transactions (30% weight) and transaction volume on ETH, DAI & USDC (70% weight) on OpenSea.
      • Users have until June 30, 2022, to claim their tokens, after which any remaining tokens will be sent to the DAO treasury.
    • 20% Staking Incentive
    • 20% OpenDAO
    • 10% LP incentives
  • What is OpenDAO?
  • OpenDAO is the DAO for the NFT Community and SOS, which was airdropped to users on the OpenSea NFT Marketplace, is the token for this large NFT community. Used to pay tribute, protect, and promote NFT artists.

    20% of SOS is allocated to the OpenDAO, it will:

    • Compensate verified scam victims on OpenSea with SOS
    • Support emerging artists and their original work
    • Support NFT communities
    • Support art preservation
    • Developer grant for participating in SOS ecosystem

    SOS is grateful to all NFT creators, collectors, and markets for nurturing the entire NFT ecosystem. Special thanks go to OpenSea for its leadership in promoting NFT trading. To pay tribute, the founders have chosen OpenSea collectors to conduct their airdrop.

  • How to Stake SOS?
  • SOS Staking is not currently available, however, the following allocation of SOS Tokens have been dedicated to Staking Incentives and LP Incentives:

    • 20% Staking Incentive
    • 10% LP incentives

    Currently, the only option for staking SOS is to stake the SOS/WETH SLP on SushiSwap.

    In order to do this, you must first acquire an equal value of both ETH and SOS tokens, along with some extra ETH to cover the costs of gas fees.

    • Get SOS & ETH tokens
    • Provide SOS & ETH tokens into SOS/ETH pool and get SLP token.
    • Stake SLP token into SOS/ETH farm.
    • Collect your rewards.

    Since this is done on the Ethereum network please consider the high cost of gas fees and multiple transactions required to complete this staking process.

  • How much can I earn Staking SOS?
  • Based on the current 2X Reward Farm emission rate and current engaged balance, a user can expect to earn around an 800% APR.

    Please check our SOS Advanced Calculator to estimate your staking rewards in real-time.

  • Any risks to Staking SOS?
  • There are smart contract risks associated with smart contract staking and impermanent loss risks associated with providing liquidity to LPs.