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Finance MFT OPUL Token Resources Community Connect wallet CONNECT WALLET Please switch to a supported network to proceed. Wrong networkSwitch network to Arbitrum Switch Wallet address Disconnect SWITCH CHAIN IN WALLET Open your wallet app and switch to chain to continue. Done Requesting signature Please open your wallet and confirm your transaction Open Wallet OPULOUS OLOAN Provide capital for musicians and collect stable rewards. StakeWithdraw USDC Balance0.00 OLOAN Staked0.00 Amount to stake Max You will receive0.00 OLOAN Exchange rate1 USDC = 1 OLOAN Connect Wallet Registration opens in 15 days RegistrationFeb 15, 2024 - Feb 22, 2024 Round 1100,000 USDC Filled (0%)0 Complete KYC to unlock full access Start by verifying your email. I agree to the terms and conditions and the privacy policy Continue Details 10% APY APY stands for Annual Percentage Yield, a measure of how much you can expect to earn in rewards over a year as a percentage of your staked USDC. The APY is variable and is calculated based on the royalties collected from musicians. 0 USDC Staked 0 Wallets About Opulous OLOAN creates a unique bridge between digital assets and Real World Assets (RWA) in the music industry. By staking USDC in our liquidity pool, you provide capital to musicians and earn a premium on your staked USDC. Stake When you stake USDC, you receive OLOAN tokens that represent your stake in the liquidity pool. The value of these tokens increases with each repayment, allowing you to claim a higher amount of USDC whenever you decide to withdraw. Holding your OLOAN enables you to continue accumulating rewards, thereby maximizing your returns over time. Withdraw Navigate to the "Withdraw" tab and lock your OLOAN tokens to enter the withdrawal queue. Once you're in the queue, you become eligible for the next scheduled repayment based on your position. When it's your turn, you can claim your USDC rewards. The OLOAN tokens used for withdrawal will then be burned, increasing the value of the remaining OLOAN tokens. Stake USDC Mint OLOAN Lock OLOAN Withdraw USDC Stake USDC Mint OLOAN Withdraw USDC Lock OLOAN Repayments Next Repayments Previous Repayments Date Expected Rate Expected Amount Repayments can vary due to the performance of the music used as collateral. Expected rate Mar 06, 2024 05:00 1 OLOAN = 1 USDC 9,166.660 USDC 1 OLOAN = 1 USDC Apr 03, 2024 05:00 1 OLOAN = 1 USDC 9,166.660 USDC 1 OLOAN = 1 USDC May 08, 2024 05:00 1 OLOAN = 1 USDC 9,166.660 USDC 1 OLOAN = 1 USDC Jun 05, 2024 05:00 1 OLOAN = 1 USDC 9,166.660 USDC 1 OLOAN = 1 USDC Jul 03, 2024 05:00 1 OLOAN = 1 USDC 9,166.660 USDC 1 OLOAN = 1 USDC 1 of 3 No Previous Repayments Please check the schedule for the next repayment date. FAQ What is Opulous OLOAN? Opulous OLOAN enables users to stake USDC in a liquidity pool. This staked capital finances fixed-rate advances for Ditto Music, which are then provided to artists based on their predicted earnings. Stakers earn stable rewards determined by the fixed interest rate of these advances. How Does OLOAN Work? Stakers earn a premium by supplying the capital for these advances. Users stake USDC and, in return, receive OLOAN tokens representing their stake. These tokens can be used to claim rewards derived from the interest of fixed-rate advances provided to Ditto Music. The accumulated rewards are converted into USDC and distributed back to the stakers who want to withdraw their position. Is OLOAN Safe? Yes, safety is a top priority for us. All our smart contracts are subjected to thorough audits to maintain the highest level of security. Moreover, our partner, Ditto Music, holds the music rights as collateral and oversees the earnings collection from these songs. This approach continues until the loan is fully repaid, substantially minimizing the risk of default. staking How do I Stake USDC on OLOAN? To stake USDC, follow these steps: * Connect your wallet to our platform. * Enter the amount of USDC you want to stake. * Confirm the transaction. * Receive OLOAN tokens. It's that simple! What is the OLOAN token? OLOAN tokens represent your share in the liquidity pool and can be used to claim rewards. Each repayment distribution boosts the value of your OLOAN tokens, increasing your reward potential the longer you hold them. withdraw How can I withdraw my USDC? Withdrawing your USDC involves only two steps: * Join the withdrawal queue by locking in your OLOAN tokens. * Claim your USDC. Your position is determined by the date you have joined the queue. The earlier you join, the higher your priority for withdrawing in the current cycle. Once you claim your USDC, your OLOAN tokens will be burned and removed from circulation. How are rewards and APY calculated? Rewards are based on the fixed-rate interest from the advances to Ditto Music and are given to users in the withdrawal queue. The APY (Annual Percentage Yield) estimates these rewards as a percentage of your staked USDC. This APY is set according to the fixed interest rate of the advances to Ditto Music. What happens if I don't withdraw? Your OLOAN tokens continue to accumulate rewards until you decide to join the withdrawal queue. Even if you don't withdraw, your OLOAN tokens increase in value with each distribution, enabling you to claim accumulated rewards when you withdraw. REMOVE POSITION Are you sure you want to remove this position? Payout Approximate withdrawal date combining your current queue positions and projected repayments. Entry Date Position Locked OLOAN Est.Estimated USDC our OLOANtoken value increases with each repayment. Expected rewards are calculated based on the position you are likely to hold in the withdrawal queue. Estimated Rate - undefined NaN, NaN - - 1 OLOAN = ? USDC Confirm Cancel Finance OLOANOVAULT MFT AssetsSalesRewardsRaffles OPUL Token BuyStakeAbout OPUL Resources BlogAbout OpulousHelp CenterRelease an MFT © Opulous 2022, All Rights Reserved Privacy policyHelp Center