OccamFiPrice

(OCC)

To participate in IDOs on the OccamRazer launchpad, users must stake OCC tokens to qualify for specific tiers. The entry-level tier, known as Mont Blanc, typically requires a minimum of 150 staked OCC tokens. While staking itself does not require KYC, completing a verification process is a mandatory legal requirement for any user wishing to participate in token sales. Higher tiers offer additional benefits such as increased participation multiples and guaranteed allocations.

OccamFi utilizes a tiered system including Mont Blanc, Elbrus, Fuji, and Everest to determine participation levels. As users stake more OCC and move to higher tiers, they gain increased participation multiples or 'tickets' for project draws. The highest tier, Everest, requires 10,000 OCC and offers guaranteed allocations for IDOs and the removal of 'cool-off' periods between project launches. This system ensures that the most committed community members receive priority access to new projects within the ecosystem.

The 'Cast Out Fee' is a 4% charge applied when a user unstakes their OCC tokens. This mechanism is designed to encourage long-term commitment to the ecosystem; the collected fees are redistributed as rewards to the remaining loyal stakers. Additionally, the project features the 'Chakra' reward system, which replaced the previous Continuous Ecosystem Diversification (CED) model. Chakra allows stakers to claim rewards based on periodic snapshots of their staked positions, providing ongoing utility for holding the token.

OCC tokens can be acquired on leading exchanges such as LBank, which provides liquidity for the asset. Once acquired, staking primarily takes place through the official OccamRazer portal using compatible decentralized wallets. While originally launched as an ERC-20 token on Ethereum, the project has expanded its reach to include other chains like Milkomeda and BNB Chain. Staking on the portal is the primary way to earn rewards and gain eligibility for upcoming launchpad projects.

OccamDAO is the governance framework of the ecosystem, allowing OCC holders to participate in decision-making processes. Through the OccamDAO forum, token holders can vote on project validations and changes to system parameters. High-level holders can join Board Tiers such as Skadi, Nemea, or Olympus, which require significant stakes. These elite tiers grant exclusive access to private seed rounds and incubator governance, giving major stakeholders a direct role in shaping the project's strategic interchain expansion.

The OCC token serves multiple core functions. Its primary utility is providing access to the OccamRazer launchpad through a tiered staking system. It is also the central asset for the Chakra rewards program, where holders earn distributions from the ecosystem. Furthermore, OCC is a governance token, enabling holders to vote on key proposals within the OccamDAO. For those looking to manage their OCC assets, LBank offers a secure platform for trading and holding the token as the project expands its interchain capabilities.