What Is OMEGA FINANCE(OMG)?
OMEGA FINANCE greatest benefit cryptocurrency gave to the global financial system was make it accessible to all. Anyone, anywhere, can access a wallet and anything on web 3 with nothing but an internet connection. That alone gives everyone a fair chance at attempting to financially make their lives better through decentralized finance. There are however some still untapped areas within the global financial system that have yet to be merged with cryptocurrency.
The stock exchange is something that has not been affiliated much to any large success with cryptocurrency as there are too many centralized regulations regarding stocks, bonds and so on. Omega Finance is the first of its kind to brilliantly allow anyone, anywhere, without KYC, without centralized regulation, and with nothing but their cryptocurrency wallet, to make stock buys/sells.
OMEGA FINANCE Storage Key Points
| Coin Basic | Information |
|---|---|
| Coin Name | OMEGA FINANCE |
| Short Name | OMG |
| Total Supply | 1,000,000 |
| Max Supply | 1,000,000 |
| Source Code | Click Here To View Source Code |
| Explorers | Click Here To View Explorers |
| Twitter Page | Click Here To Visit Twitter Group |
| Whitepaper | Click Here To View |
| Support | 24/7 |
| Official Project Website | Click Here To Visit Project Website |
How Does It Work ?
When you buy stocks using contract , it fetches latest price of the stock using an api via chainlink and you gives you tokens . The money that you use to buy the stocks will be put in the contract 100% safe . When you sell it gives away the money from the contract If you think from where does the money come from ? Think of how a bank works ,
OMEGA FINANCE doesnt always have 100% of the money you put in but would give you the money in a second from available liquidity , just like that our swap contract will sometimes have 70% , 150% etc… backing but you need not worry because its backed by BNB and you will always get back what you put in
OMG Price Live Data
The live OMEGA FINANCE price today is $0.384020 USD with a 24-hour trading volume of $28,950.46 USD. They update OMG to USD price in real-time. OMEGA FINANCE is down 27.83% in the last 24 hours. The current CoinMarketCap ranking is #4567, with a live market cap of not available. The circulating supply is not available and a max. supply of 1,000,000 OMG coins.
If you would like to know where to buy OMEGA FINANCE at the current rate, the top cryptocurrency exchange for trading in stock is currently Uniswap (V2). You can find others listed on crypto exchanges page.
Stock
When you buy stocks using contract , it fetches latest price of the stock using an api via chainlink and you gives you tokens . The money that you use to buy the stocks will be put in the contract 100% safe . When you sell it gives away the money from the contract If you think from where does the money come from ?
Think of how a bank works , it doesnt always have 100% of the money you put in but would give you the money in a second from available liquidity , just like that swap contract will sometimes have 70% , 150% etc… backing but you need not worry because its backed by BNB and you will always get back what you put in
Tokenomics
- Taxes will be used to run the Stock Exchange and further developments on it
- Over time the taxes will be reduced with the end goal being 0%.
- About 50% of the money earned will be use for marketing purposes and growth while the other 50% will be used for adding stocks to Omega Finance ever growing spectrum.
Social OMEGA FINANCE Price Estimates
This feature is in beta testing. Place your estimates for next 6 months and see what other’s are thinking about it. Data displayed are based on user input compiled by CoinMarketCap. The cut-off for estimates for each month-end is on the 21st of each month.
Roadmap
Stage 1
Launch Omega Finance Coin.
Stage 2
Launch Stock Exchange on
Stage 3
Release Beta Version – Launch v1 on Mainnet with 10 stocks
Stage 4
Bug Fixes and Improvements from public feedback.
Stage 5
Release v2 with 100 stocks.
Stage 6
Release v3 with 500 stocks
