OstrichPrice

(RICH)

Ostrich is a decentralized exchange (DEX) functioning as an "on-chain global stock exchange" built on the Arbitrum network. It focuses on Real-World Assets (RWA), enabling users to trade perpetual futures for international stocks, commodities, and forex using USDC as collateral. Because it is decentralized, the platform allows for global market access without the need for traditional brokers or mandatory KYC procedures, offering a permissionless environment for trading traditional financial instruments on the blockchain.

The Payment for Order Flow (PFOF) model is a core technical feature of the Ostrich protocol. It is designed to deliver deep liquidity and low latency, mimicking the performance of centralized exchanges while remaining entirely on-chain. This mechanism ensures that traders receive efficient execution and minimal slippage when opening or closing positions on various equities and commodities, bridging the gap between traditional high-frequency trading environments and the decentralized finance (DeFi) space.

The RICH token is available for trading on major cryptocurrency exchanges, including LBank. While users may also find liquidity on various decentralized exchanges within the Arbitrum ecosystem, centralized platforms often provide a more streamlined experience for those looking to acquire the token. When searching for the token, users should always verify the contract address to ensure they are interacting with the official Ostrich (RICH) project, as the ticker is occasionally used by unrelated digital assets.

RICH serves as the native utility and governance token for the Ostrich ecosystem. Holders can participate in protocol governance by voting on key parameters and development proposals. Additionally, the token can be staked to earn a share of the protocol’s generated revenue. By staking RICH, users may receive "veRICH" (vote-escrowed RICH), which grants enhanced voting power and potentially higher reward shares depending on the duration of the lock-up period, incentivizing long-term participation in the network.

Ostrich rewards its community through a structured Points Program and multi-season airdrops. Users earn points by generating trading volume, participating in referral programs, and contributing to the community through official channels. For those who did not qualify for initial distributions like Season 1, points often carry over to subsequent seasons, providing early supporters with a continuous path to rewards. Eligibility and claim links are typically announced through official Ostrich social media and documentation to ensure secure participation.

Security is a priority for Ostrich, especially given its focus on Real-World Assets. The project undergoes security audits by reputable firms to verify the safety of its smart contracts and the USDC collateral held within the protocol. To further protect themselves, users should only use the official exchange domain and ensure they are bridging USDC to the Arbitrum network via trusted bridges or direct withdrawals from supported exchanges like LBank, avoiding unofficial links or unrelated projects using the same ticker.