OccamDAO

@OccamDAO

OccamDAO team - visit us at https://occam.fi

Private team

Joined on Nov 3, 2022

  • You need to stake the OCC you bought in order to participate in OccamRazer IDOs and token sales. You can stake your OCC prior to passing the KYC process. To stake your OCC you must first Connect your MetaMask to the platform by clicking on the “Connect Wallet” button on the top right corner of the webpage or on https://razer.occam.fi/staking. Currently only the ETH network is supported. image Enter the amount and hit ‘Approve staking’. image You need to sign a transaction approving the spending cap for your wallet. Amount can be changed. This sets a limit to how many tokens the contract can get from your wallet. Once you reach the limit, you will have to sign similar request again – we recommend to set it high enough to save on fees.
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  • # OccamRazer Liquidity Mining
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  • Ecosystem Introduction Occam Ambassadors DAO Governance Occam Razer - Launchpad Occam Razer - Liquidity Mining Occam ISPO Chakra Token OccamX
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  • What is OccamRazer? It is a piece of the Occam Ecosystem, a public decentralized fundraising platform (IDO-enabled launchpad) where projects can raise funds by selling their project tokens to retail investors. Are there mandatory steps in order to participate in OccamRazer public IDOs? Yes, there are. These are the mandatories steps: Belong to any tier by staking OCC tokens Pass the KYC process and get approved Perform the registering action of the desired IDO
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  • You need to pass the Know Your Customer, or ‘KYC’, process. This is a legal requirement to participate in IDOs on our platform. KYC is not required if you only hold OCC for staking and CHAKRA rewards. To begin the KYC process, go to https://razer.occam.fi and click the icon in the red circle as present in the image below Then, click “Apply for KYC”. Please note, you will need to have personal documents on hand, including a proof of address, government-issued photo ID, and potentially other documents should your jurisdiction require it. There are certain restricted jurisdictions, please refer to the KYC provider for a comprehensive list. The KYC confirmation takes anywhere from 15 minutes up to 24 hours in exceptional cases. For most people the KYC process should be straightforward. One of the most important steps is ensuring you get your selfie-picture clear — you might want to use your phone for this step. You will receive an e-mail once you have been confirmed. If confirmation takes longer than 24 hours or you are not approved, please contact us via this dedicated form: https://support.occam.fi/support/tickets/new , and we will reply promptly. Please do not contact the KYC providers with issues, it will take longer to deal with your case than contacting us about this step directly.
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  • What is an ISPO? ISPO - Initial Stake Pool Offering is an innovative way to fund a new cryptocurrency project while maintaining the decentralized and functioning PoS consensus of the blockchain. This new financing option is available on Cardano as it is the leading third-generation blockchain. It may become standard practice for future projects as it is considered extremely safe as investors do not have to part with their funds. As mentioned above, ISPOs take place on the Cardano blockchain, where the unique Ouroboros protocol is implemented. Delegates (people who have decided to stake Cardano) "vote" with their ADA funds for a stake pool of their choice. The more delegated ("voted") funds the pool has, the more likely it is that it will become a validation node and receive the right to create a new block. The winning validator receives an ADA reward that is shared within that pool, and each delegator receives a portion of the ADA reward. When cryptocurrency holders donate their ADA to ISPO - depending on the ISPO settings - most often they do not receive ADA rewards, or they only partially receive them. Instead, or as an add-on incentive, they receive new project tokens, which they finance in this way (from their own rewards). All the ADA in investors' wallets stay in their wallets. Then the project claims the rights only to ADA block rewards obtained from the production process, which is used as financing for development. This way, investors do not risk losing their funds, and at the same time receive tokens for a new project. They forgo their ADA rewards, obtaining speculative project tokens on the Cardano network. Is ISPO different from ICO, IEO, IDO? Yes, totally!
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  • Security audits have been completed by the Certik company. It was completed and any issue found is already solved. Audits were performed over the Staking Contract and over the OccamRazer Dapp.
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  • Launchpad Steps At first, you need to buy and stake your OCC tokens - head to dedicated parts of this section to find out more about those topics. To register for an IDO, you must wait until the registration is opened for a specific IDO — announced in our social media channels. Once that is done, you will be able to click on the “Register button”, highlighted in the red square in the screenshot below. If the registration has not yet opened, the register button will say “Register soon” in the same place as the register button. Once Registration is opened — Click “Confirm Registration” and you’re set! Please note — if you register and you are whitelisted, you may have to observe a cool-off period according to your tier even if you don’t participate in the IDO. When the time comes, you’re ready to participate in the IDO. Approximately 24 hours before each IDO, a whitelist of all participants and their participation wave will be posted in our Telegram Announcement and Discord channels. To view the results, connect your MetaMask to https://razer.occam.fi and hover your mouse over “In queue” — which is highlighted with a red square in the visual below. This is only possible once the registration period has ended, and the whitelist has been published.
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  • The Occam DAO governance framework is exactly what the name suggests — the toolset enabling decentralized governance over Occam’s future path. The governance framework will have various players in the form of Users, DAOs, Guilds, and Ambassadors — each with its own powers! Think of it as a very simple, tokenized congressional democracy. How does the voting process work? The voting process works pretty similarly to the PoS mechanism of the Cardano network, where users stake/delegate to stake pools. In the Occam case, each individual voting power is represented by a NFT, the user delegates his/her NFT voting power to the Guild/DAO to which he/she belongs, and then the Guild leader performs the voting over the proposal. How is the voting power NFT assigned to each user? Every time a user hits a new tier by staking or unstaking OCC, an NFT is sent to him/her. The voting power of said NFT is the midpoint of the user tier, leading to a more equitable distribution of said voting power. So, all votes of DAO/Guilds members are equal within their own tier.
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  • At Occam, we are passionate about expanding the benefits of blockchain technology throughout the world. Blockchain’s applications for decentralized finance are changing value as we know it. But we have found that something is missing. Hundreds of blockchains, thousands of protocols, and millions of users still deserve robust and efficient DeFi infrastructure. That's where we come in. We have a layered ecosystem that can reach several blockchains, but we are focusing more on Cardano network The Occam ecosystem currently have 4 main components: OccamRazer: The next-generation protocol launchpad for decentralized fundraising. OccamRazer enables projects to raise funds, and in time we hope it will attract some of the most diverse projects in the blockchain ecosystem. OccamX: A competitive and efficient DEX already deployed on Milkomeda C1 network, filled with both industry-standard and unique capabilities. This DEX will provide the next building blocks to accompany most of the primary markets built on OccamRazer. OccamFi: This is a layer of the ecosystem dedicated to incubating projects. This program helps startups and developing companies to get access to mentorship, investment, and networks, and also provides guidance on business direction. Basically, we can allocate any kind of resources, and projects can take what they need the most.
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  • What exactly is the $CHAKRA token? The $CHAKRA token represents a weighted basket of all the incubated project tokens deposited in a tokenized pool. It will be tradable in secondary markets, and its value would be exposed to the value of each token deposited in the tokenized pool. Which are the tokenomics of $CHAKRA? The total supply of $CHAKRA is 100,000,000. It will be minted in full but locked in several smart contracts.These tokens are divided in 3 portions: Inflation 80% - 80,000,000 $CHAKRA Airdrop for OGs 10% - 10,000,000 $CHAKRA Incentives 10% - 10,000,000 $CHAKRA
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