#FAQ What is $OCI? $OCI is the upcoming governance token for | Ociswap Official Announcements

#FAQ

What is $OCI?
$OCI is the upcoming governance token for the first radix DEX calling Ociswap (coming in 2022 with Radix Babylon release day ZERO) with a complete supply of 100.000.000 OCI. 24% of the supply is distributed to our community via airdrops. Our tokenomics: t.me/OciswapAnnouncements/20

What is Radix $XRD and how to buy and stake it in general?
Radix is the only crypto able to scale decentralised finance. $XRD is the native Radix token, $EXRD the Ethereum wrapped version - always linked in a 1:1 ratio. Staking is only possible with the native $XRD. Official Radix website: radixdlt.com and also check out this helpful summary: linktr.ee/BuyXRD

What wallet do I need to receive $OCI tokens?
You need the Radix Desktop Wallet for PC, Mac or Linux. Download: wallet.radixdlt.com

Is there a mobile wallet?
No, there is no mobile wallet yet. Note that Radix has recently launched its mainnet (Summer 2021). You are still an early adopter.

Can I buy $OCI right now?
No. There will be no presale. The Oci team has made the conscious decision not to do a presale but to support the community as much as possible with cool events and airdrops!

How do I get $OCI?
There are 2 ways to receive $OCI:
1. Community airdrops - you participate in regular community events. Information about upcoming events are published as pinned message in @ociswap and @OciswapAnnouncements
2. Staking airdrops - you stake $XRD on any Radix validator

To receive the airdrops you need to register your wallet (and Twitter account for Twitter events). We recommend to use the @ocicatbot for that. If you only want to participate in the staking airdrops you can also send the message #OciStaker to this Radix wallet rdx1qspwv9l3ls4lxwkrqrrvtwdskg2hjue0ywpfqlxvj5pzpalvlext5hq5fl2u6

When does the Ocinode start?
The Ocinode is ready to stake with the validator ID: rv1qtu7r2f82qmzphsgw5mug3vzxenzfwrhpyf9rja5ckp2k06ca5duu63guaa

I have heard that on some nodes I get a bonus?
Exactly. If you start staking before 2% validator stake, you get 25% extra bonus on Ocinode, Florian Pieper Staking and Staatenlos Node. You get 10% bonus, if you stake on one of the partner validators listed here https://t.me/ociswap/12926 before validator stake has reached 2%. Also early staking might be beneficial.

What happens if a partner node already has reached over 2% stake?
Users who have already staked there still get 10% bonus, but new stakers will not receive any bonus to keep the network more decentralized.