OctaDahlia is a project that uses v2 to combat misappropriation and distribution of power. It was launched as the second UpOnly token on October 9.

Polygon and Binance Smart Chains (BSC), a multichain platform, will work together to solve the most pressing problems in wealth distribution by using UpOnly’s market mechanism. The mechanism provides equity and ensures that all members of its ecosystem are able to share the profits in real time.

OctaDahlia was created because money is not working. The result has been an uneven distribution of wealth, which led to concentrated power in the hands few. This skew increases the power of the recipients, which can lead to problems over the long-term. This is an urgent problem that must be addressed. However, OctaDahlia developers point out that this issue is self-replicating and cyclic. After a certain amount of accumulation has been reached, power and wealth of the owners will only increase via undue influence as well as privileged access to wealth-generation opportunities.

While Bitcoin is a great example of money being democratically distributed among people by a self-perpetuating community system, it has been discouraged from new players. Bitcoin’s popularity has been hampered by the tendency to discourage sharing and an attitude of abundance. It has been seen that early adopters who had accumulated many millions of coins have now opted to maintain the status quo. It is not in line with Satoshi Nagamoto’s original intent to disrupt and rebuild the financial system and increase financial inclusion.

Following chains such as Ethereum, new technologies like DeFi and others have encouraged participation. Uniswap, OctaDahlia’s creators, is both open-source and community-driven, despite the fact that it appears ambitious and complicated.

UpOnly markets combine existing mechanisms, but with a fair equity system that distributes the rewards evenly and in real time. To maintain prices, however, the mechanism introduced a price ceiling for assets as well as a burning mechanism that is determined by market activity. To ensure digital assets are not below the price floor, the mechanism also charges a transaction fee (a burn) that is charged for every transaction. The equal price increases of all tokens will distribute this fee directly to users.

UpOnly token pricing uses a dynamic current liquidity and circulating supply ratio. This ratio allows the UpOnly system’s risk to be more clearly defined and is therefore easier to manage. This mechanism distributes the gains of new traders to token holders.

The UpOnly scheme transforms the trading base by fixing the risk of trade loss (maximum trade losses) and paying two burn fees that fluctuate according to trade volume. The UpOnly mechanism transforms the idea of trading risk and price floors. These functions eliminate volatility and evenly share the profit of all transactions. They tacitly override Uniswap prices systems to increase fairness.

OctaDahlia, the second token to use the UpOnly system is also called this. This token is compatible with Uniswap v2 as well as similar systems such PancakeSwap at the BSC or AnySwap at Polygon. In the future, platform developers will add more markets and pair options. OctaDahlia plans to also launch Market Generation Events, which will be available to both private and public users according to market conditions.

OctaDahlia

It was developed by RootKit and OctaLily creators, upBNB and upTether and Unifund. The team is focusing on the expansion of the ERC-31337 Standard and other interactions with price floors.

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