OneLedger

New utility tokens and DEFI opportunities on the OneLedger chain

Written by OneLedger | Dec 13, 2022 4:07:36 PM

Due to the uncertain crypto market conditions, the recent FTX collapse, the Ukraine invasion, and the subsequent need for rearmament as well as the Covid19 post-pandemic inflation, both OneLedger (OL) and Group Olvia (GO) agreed to start providing Web3 real-world solutions.

The parties will collaborate to offer GO institutional-grade solutions for companies, authorities, and institutions internationally on the OneLedger blockchain.

As a first step, the community can expect new tokens to be issued by GO, using the OneLedger Virtual Machine service. Polis-X (Smart Governance) and Kratos-X (Security & Defence) Ecosystems platforms will be developed independently and executed on the OneLedger Network as decentralized applications.

GO and its Ecosystems will issue the following types of tokens on the OneLedger Blockchain:

  • A Treasury Vault Token concept based on the ERC 4626 standard for each Ecosystem (Polis-X and Kratos-X) with the ability to lock either OLT or the individual DApp ERC-1155/ERC20 Utility token
  • Security tokens with the appropriate regulatory approvals directly provided by the GO Financial Ecosystem

We offer a unique capability to all investors, including native OLT token holders:

We provide a safe haven for token holdings value against the volatility in the market with an excellent APY; backed 110% by real assets without losing the upside if the OLT increases in price!

This is how you do it:

  1. Lock your tokens at the current value in any Treasury Vault Token (Polis-X or Kratos-X), locking the exchange price and receiving the APY on top of the locked price
  2. The Total Value Locked for the holdings grow as they are shielded from volatility or any crypto or Real Economy storm
  3. Holdings are locked into a Treasury Vault that is owned by a separate company in a safe, regulated, jurisdiction that holds the collateral - you are safe from FTX, UST, Celsius type of events. With all the protection that comes with a regulated LLC while being firmly in the crypto space. 
  4. Participants  receive a near real-time proof of value and reserves of the collateral while they are locked - complete transparency
  5. The best is left for last: After the locking period is over, you can choose whether to receive OLT or a stablecoin of your choice, having the chance to get back your token at the locked price!

In short: the base APY for safety is 4% if OLT does not increase in price - the APY when OLT or the token used increases can exceed 20%!

 

Polis-X DApp and Tokens

GO will create its proprietary Smart Economy and Smart City Ecosystem Platform Polis-X on the OneLedger Platform, offering Local Economy Financing focused on assisting local and national authorities in selected regions worldwide.

The Polis-X DApp will enable Local Economies to regenerate by :

  1. Creating new jobs
  2. Setting up renewable energy sources and smart grids
  3. Developing local resilience through local production: food, basic goods & services

Polis-X will issue two types of tokens on OneLedger:

  • The Polis-X Utility token with a variable yield for staking - the Utility token transactions are backed by real assets and offer a variable yield based on lock-time risk (6%-8%) excluding total loss.
    • Every transaction will be executed through the Utility token
    • All Local Economy Actors will be using both the utility token and the fiat currency of choice
  • The Polis-X Treasury Vault Token (hereinafter “PTVT”) - the token will be backed by precious metals as a guarantee and will produce a base yield (4%) excluding total loss and lock-time risk.
  • PTVT will be offered by OneLedger as a native savings-DeFi option for OLT holders - large and small.

Kratos-X DApp and Tokens

GO will create its Security & Defense Ecosystem Platform Kratos-X on the OneLedger Platform, offering financing and project coordination to Security & Defense companies of NATO and NATO-affiliated countries.

Kratos-X will introduce two types of ground-breaking solutions to the European Security & Defense Industry:

  1. An MMORPG - Serious Game and Wargaming solution for different types of players, with play-to-earn and staking opportunities throughout the game.
  2. An SME project development and Industrial R&D financing solution offering cutting-edge, low-cost and high-utility projects to NATO and allied end-users in the EEA.
  • Kratos-X will issue two types of tokens on OneLedger:
    • The Kratos-X Utility token with a variable yield for staking - the Utility token transactions are backed by real assets and offer a variable yield based on lock-time risk (6%-8%) excluding total loss.
    • The Kratos-X Treasury Vault Token (hereinafter “KTVT”) - the token will be backed by precious metals as a guarantee and will produce a base yield (4%) excluding total loss and lock-time risk.
  • KTVT will be offered by OneLedger as a native savings-DeFi option for all OLT holders and retail users

Collaboration strategy

Group Olvia will contribute to the development of OneLedger through investment in R&D as well as the integration of its Platforms’ smart contracts into the OneLedger blockchain as well as other technologies that include:

  • Sensor and Sensing system integration into smart contracts
  • Artificial Intelligence for smart contracts
  • AR & VR capabilities

GO will develop parts of its Ecosystem Platforms with the OneLedger protocol and its services, increasing the interoperability between Ecosystems.