We want to keep going with our aquarium transparency reports in an effort to provide full transparency for the actions of OctoFi.
Since the token deployment, we are providing the following comprehensive details on token holdings and use of tokens to date. We also provide transparency reports on a monthly basis.
The first ever OctoFi fee distribution to OCTO holders.
Not your regular token airdrop of questionable value, or the catalyst for a sudden sell off. But rather the capture of real value distributed to the holders making OctoFi possible.
Although, this was an equal distribution to all holders, as opposed to weighted share based on amount of OCTO held.
- Earned Fees and Spend: 23,904 USDC
- Each Holder: 8 USDC
- Holders (as of 8:08:08 UTC snapshot): 2,988
Fee Distribution Wallet: 0x73F2...ce85
Our 2.0 release we will have more than one.
Learn more about these transactions by reading this blog post.
This transparency report does not constitute nor imply a prospectus of any sort. No wording contained herein should be construed as a solicitation for investment. Accordingly, this transparency report does not pertain in any way to an offering of securities in any jurisdiction worldwide whatsoever. Rather, this transparency report constitutes a description of the development and distribution of OCTO. Do not trade or invest in any tokens, companies or entities based solely upon this information. Any investment involves substantial risks, including, but not limited to, pricing volatility, inadequate liquidity, and the potential complete loss of principal. Investors should conduct independent due diligence, with assistance from professional financial, legal and tax experts, on topics discussed in this document and develop a stand-alone judgment of the relevant markets prior to making any investment decision.
This document does not constitute nor imply a final technical specification of OCTO. Information presented in this transparency report, technical or otherwise, is meant to outline general ideas, designs and use-cases and is subject to change with or without notice. For the latest up-to-date technical specifications, check out the updates and documentations on the official website www.octo.fi. The graphs, charts and other visual aids are provided for informational purposes only. None of these graphs, charts or visual aids can and of themselves be used to make investment decisions. No representation is made that these will assist any person in making investment decisions and no graph, chart or other visual aid can capture all factors and variables required in making such decisions.
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