Only Gems Finance price

OGEM

OnlyGems Finance mission is to bring new cryptocurrency concepts to mainstream investors and introduce our holders to next-generation concepts such as Staking, NFTs with utility, BNB rewards, games, CoinLocator and real world utility with "The Mine" - proffesional graphic design services. Our vision is to create an ecosystem where investors can have fun and also be a part of a serious project that will give back to the investors in the form of buybacks, BNB rewards and staking rewards, which will be provided by generated revenue from our utilities. Our treasury is a smart contract which makes buybacks of OGEM tokens and stores them in a safe place. Investors can check it at any time to see how much BNB and tokens are in there.

So how does it work?

We have 1% tax on buys and sells in our tokenomics which directly fills our treasury with BNB. Additionally a part of revenue that we earn in our ecosystem with "The Mine", CoinLocator and future utilities (Project X, DEX) is also going to be used to top up the treasury with BNB. The BNB is then used for buybacks of our native token OGEM, which consequently drives the price up and creates higher price floors. Tokens that are bought back are safely stored in the treasury contract. We have BNB rewards for holders of a minimum of 7 million OGEM tokens with a 10% buy and sell tax. We’ve got some future projects in the works including; the build of project x, a decentralized exchange and metaverse plans. These will also bring more value to our ecosystem and make more revenue streams for our treasury model.

We have a total supply of 100 billion tokens and current circulating supply of 99,4 billion tokens. We have project's wallets, which were allocated as follows: 15% staking reserve, which will help us with topping up our staking pools and make them sustainable, 10% for listing on exchanges if we see good opportunity, 10% for future burns which will be burned on special occasions and 8% for games, when we decide to make our own p2e game and also to use it in community contests on Telegram.