OGz: The Revolutionary MemeFi Ecosystem with a Unique Referral Program and Anti-Cheating System Developed to Earn Passive income to Its users

Emperor Okpanku Stella
5 min readMay 28, 2023

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Introduction

OGz is a pioneer in the MemeFi space, as it combines the power of DeFi with the fun and excitement of meme culture. The project aims to create a thriving community that not only enjoys trading and investing but also shares a common interest in memes. At the heart of OGz lies its unique referral program, which rewards members who invite new users to join the ecosystem. This referral program is a win-win for all parties involved, as it creates a sustainable passive income model that incentivizes community growth.

The referral program in OGz is an innovative approach to community building, as it leverages the power of blockchain technology to create a transparent and secure system. When a user joins the referral program and completes trades, both for each buy and sale and for the lifetime of their wallets, the referring member receives a referral reward in OGz tokens. This feature not only encourages members to invite more users but also helps to spread the word about OGz to a wider audience. Moreover, the one-way referral system ensures that the referring member receives rewards without diluting the value of the OGz token.

The passive income model in OGz is an excellent way for members to earn rewards without actively trading or investing. By simply inviting new users to join the ecosystem, members can earn a steady stream of rewards in the form of OGz tokens. This feature is particularly useful for those who are new to DeFi or do not have the time or expertise to actively trade or invest. Furthermore, the referral program helps to create a sense of community among members, as they work together to grow and strengthen the ecosystem.

OGz Community Strength and its Contribution to Growth

In the quick-paced world of cryptocurrencies, having an engaged and active community is crucial. The OGz team is blessed to have an amazing network of supporters who share the same vision to use decentralized finance and meme culture to deliver financial freedom and inclusion to everyone.

People from various walks of life who are committed to pushing the limits of what is feasible in the cryptocurrency field make up this community. They provide the team with insightful criticism, encouragement, and suggestions that aid in the project's development.

The team is also aware that the health of its community directly affects its ability to succeed. They place a high value on expressing their love for them and giving them appropriate recognition.

The Revolutionary Tax System for the Benefit of All

The tax structure in OGz is intended to promote the ecosystem's expansion and improvement. A tax of 8% of the transaction value is obtained each time a user does a transaction on the DEX platform. The OGz ecosystem's many components, including as referral bonuses, liquidity pools, dynamic staking, future plans vault, and the OGz team, all receive a portion of the taxes that have been collected.

The team receives 3% of the collected taxes to keep building and improving the platform. Additionally, 1% of the taxes go towards referrals, 2% towards marketing, and 1% towards dynamic staking. For users without referral codes, the 1% referral reward is automatically transferred to the Future Plans Vault. Exciting things are in store for the future of OGz.

The unique Features of OGz Ecosystem

  • Anti-Cheating System

The Team possess a deep understanding of DeFi, which has enabled them to develop the first-ever anti-cheating system for referrals. This system effectively prevents any malicious attempts by individuals to manipulate the referral program by creating new wallets and adding themselves to gain an unfair edge over others. Our focus on creating a secure and fair environment for all users is unwavering, and we are committed to providing the best solutions to address any concerns related to cheating.

  • Governance

In terms of governance, the team have developed a comprehensive approach that involves a dashboard. This dashboard will offer a platform for the community to engage in discussions regarding all proposals before voting. Additionally, our official Reddit page will serve as the hub for active community members to stay informed, while our Medium/Gitbook page will serve as the primary channel for announcements.

  • Dynamic staking

As a professionals, the team have recognize the potential benefits of staking, but also acknowledge the potential drawbacks that can arise from staking based on the total supply. To address this issue, they have implemented a revolutionary approach known as Dynamic Staking. Under this approach, 1% of the tax will be deposited into the staking contract, and various staking pools will be announced based on market demand.

Prioritizing Liquidity

At OGz MemeFi, the team recognizes the importance of liquidity for the success of a token. To ensure a seamless trading experience for users, they have allocated 60% of the total supply collected towards maintaining adequate liquidity. This initiative guarantees that users can buy, sell, and trade OGz tokens conveniently and at fair market prices, establishing OGz MemeFi as a dependable and trustworthy platform for all their financial requirements.

Conclusion

OGz is an innovative MemeFi project that combines the best of both worlds- meme culture and DeFi. The project's unique referral program creates a sustainable passive income model that incentivizes community growth, while also leveraging blockchain technology to ensure transparency and security. As more users join the ecosystem, the OGz community will continue to thrive, creating new opportunities for members to earn rewards and participate in the exciting world of MemeFi.

For information

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Writer’s lnformation

Name: Emperor Okpanku
Telegram: @ Emperoruky
Bitcointalk forum Name: Gracejoy
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Wallet Address: 0x71bA7B5F69a003a2860359CFe05c828f60CbdD81

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Emperor Okpanku Stella
Emperor Okpanku Stella

Written by Emperor Okpanku Stella

I am a experienced digital marketer. I majored in degital marketing and blockchain project reviews, Also a Norse by Profession. Please Follow me I Follow back