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This is the price performance of TheOvORide (OVOA). It shows the percentage gains and losses for each time period.
An overview showing the statistics of TheOvORide, such as the base and quote currency, the rank, and trading volume.
|Price to USD||$ --|
|Price to BTC||-- BTC|
|24h volume ||$ --||Low volume|
|Market cap ||$ --|
|Fully diluted market cap ||$ --|
|All-time high (daily avg.) ||$ 2,744.51||on 2/13/2021|
View the total and circulating supply of TheOvORide, including details on how the supplies are calculated.
|Total supply ||1.00 million OVOA|
liquidity farm, but instead of DEX, farm CEX. generating more profit per day as it pays less fees. OvOa token is developed by t.me/pbvip and it offers state-of-art market-making algorithm trading on eth-usd.
DeFi Tokenized Quantitative Algorithm Market-Maker ETH/USD at Bybit.
Holding the OvOa token you add stake to the bot and get 70% equity from the profits.
Token buys generate ETH that splits int 3 parts:
10% price increase
45% liquidity pool increase
45% sent to bybit, where the market-making algorithm generates profit (~0.5% per day)
Every day, the profit generated on Bybit is used to buyback the OvOa
Standard DeFi projects get their profits from fees, liquidity services, lending, borrowing, or plain ponziness. OvOa gets to profit from High-Frequency Trading and Fee Rebate-Farming from the crypto derivatives exchange Bybit. This project is designed to evolve in an organic fashion, with low weight on a pretty site, heavy marketing and advertising, and high weight on intelligent alpha generation and capital management.
They believe that for anyone to win, somebody else needs to lose. With several hundreds of new DeFi projects around, it's close to a gamble to join a pure ponzi scheme or a fundamentally sounded project. The money-losing side that gives the consistent alpha are the ETH/USD traders and algorithms that make mistakes.
95% of traders end up losing money and 99% of traders pay fees to the exchange. My market-making algorithm capitalizes on both. Offering liquidity services to the exchange and receiving 0.05% of their trading volume back.
Each new buy of OvOa in ETH on Uniswap generates three simple forces:
-> 10% price increase that rewards investors that entered before and hold the token
->45% pooled tokens that increase depth and liquidity
->45% ETH sent to Market-Maker Bot on Bybit.
The top crypto exchanges that have TheOvORide available for trading, ranked by 24h trading volume and the current price.
Edit or add information about TheOvORide (OVOA).