About this project
The project is relatively new in the cryptocurrency space and utilizes the Binance Smart Chain for its operations, making it accessible for trading on various platforms. The OWL token is also supported on multiple networks, including Polygon and BSC, enhancing its accessibility and liquidity for users across different blockchain ecosystems.
OwlDAO's ecosystem is closely tied to Owl.Games, a platform that provides casino solutions on Ethereum networks. This partnership benefits both entities, with Owl.Games contributing 30% of its profits monthly to the OwlDAO treasury. These funds are instrumental in financing Owl Pools, rewarding token holders, and sustaining the ecosystem's growth.
The governance token, $OWL, is designed with a transaction fee mechanism similar to that of SafeMoon, with a 10% fee on transactions. Of this, 3% is redistributed to token holders, effectively increasing their balance automatically, while the remaining 7% is allocated to auto-liquidity. This mechanism not only benefits token holders but also supports the ecosystem's liquidity and growth.
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