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OSHARE

Oceanus is an algorithmic stablecoin on Andromeda, pegged to the price of 1 METIS via seigniorage.

OShare is one of the ways to measure the value of the Oceanus Protocol and shareholder trust in its ability to maintain SEA close to peg. During epoch expansions the protocol mints SEA and distributes it proportionally to all OSHARE holders who have staked their tokens in the ATLANTIS.