Singapore, 21st January 2022. Ojamu has announced its plans to launch a staking programme for its adopted utility token, OJA. Pushed by increasing demand from Ojamu’s rapidly growing community, the staking mechanism aims to further increase the utility of the Ojamu ecosystem and its Web 3.0 Brand intelligence platform.
Ojamu utilizes AI and Blockchain technology to provide mainstream brands with insights and the actionable intelligence they need in the Web 3.0 economy. Its Ojamu Intelligent Platform (OIP) securely accesses and cross-correlates key industry data from Web 2.0 applications and leading blockchain protocols that help form digital strategies that drive brand awareness, user acquisition and increased retention in the Web 3.0 arena.
Following an oversubscribed private sale and a successful IDO, OJA was listed on Uniswap and QuickSwap, leading decentralized global exchanges providing several potential trading pairs for the token. More so, the token has recently seen a 140% surge in price within 24 hours, as industry leading experts highlight their belief in OJA’s long-term growth.
The company now aims to further increase its token utility by introducing a staking programme. Powered by Ferrum Network, the programme will allow OJA holders to receive passive and staking rewards, while simultaneously incentivizing token stability in the long run. Users will be able to connect their wallets and lock OJA tokens for either of the two staking pools: Ojamu AI (Polygon Network) and Ojamu APE (Ethereum Network). Both staking pools will have 14 days open for stake, 180 days mandatory lock, 60% early rewards APY and 120% maturity rewards APY with 360 days until full maturity. Users can access the staking platform here.
Introduction of staking marks an important step in OJA’s development, facilitating a long-term growth for the company and its community.
Ojamu is an AI & Blockchain-powered platform providing Brands the insights and actionable intelligence they need for the Web 3.0 economy.
The Ojamu Intelligent Platform (OIP) securely accesses and cross-correlates key industry data from leading blockchain protocols. This allows brands to effectively position themselves within the Web3 world by utilizing ‘real-time’ data to form digital strategies that drive brand awareness, user acquisition and increased retention.