Oho is “The Universal Layer 1-for-All Blockchain” with the goal to provide a pleasant user experience and effortless adoption to the general public, be it crypto novices or seasoned blockchain developers.
$OHO Coin is the native cryptocurrency of the Oho Blockchain, and can be safely kept on Oho wallets, MetaMask or Ledger hardware wallets. $OHO Coin is a carefree yet powerful cryptocurrency for everyone to enjoy.
The Oho Blockchain is a fast, scalable, smart contract capable, EVM compatible, eco-friendly and secure PoA platform with 3-second finality and low fees. It is fully equipped with a variety of universal & user-friendly tools.
Using Proof of Authority (POA) consensus, the finality of an Oho transaction is around 3 seconds, and each transaction costs around only 0.0001 Oho. With the virtually instant and low-cost transaction, Oho Blockchain is primed for daily uses and global adoption.
The development of the Oho Blockchain and Oho DeFi tools has started since 2019 and was completed in H1 2022. The Oho Universal Token Creator and Oho Universal Multisender were released in H2 2022. Most Oho universal EVM tools support all EVM chains and various EVM communities.
https://Oho.ai/docs/Oho-layer-1-for-all/
## Why Oho? / Oho Strengths / Advantages
*Carefree Wallets
You can safely keep $OHO Coin and OSC-20 Tokens in Oho Wallets, MetaMask or Ledger hardware wallet.
If you would like to keep $OHO Coin on Binance Smart Chain (BSC), you can use any BSC compatible wallets to store $OHO BEP20 token. The native $OHO Coin and $OHO BEP20 Token are interchangeable at 1:1 ratio at supporting exchanges.
*OHO Universal Tools
Oho Universal Tools support many EVM chains and various EVM communities, helping increase visibility of Oho brand in the blockchain industry and grow user base.
Currently, Oho Universal Token Creator lets users create their own token/cryptocurrency on Oho chain or any EVM compatible chain for free in seconds. Looking ahead, we will focus on strengthening the universal adoption of Oho by releasing more universal tools.
*Own Blockchain
Oho blockchain is a fast, scalable, smart contract capable, EVM compatible, eco-friendly and secure blockchain platform built on PoA consensus protocol that can support short block time at 3-second finality and low fees.
*Instant Transfer
Oho Blockchain has a block time of 3 seconds with immediate finality. Users can send $OHO Coin and OSC20 token virtually instantly.
*DeFi
Oho Swap Defi Platform for everyone to easily buy $OHO Coin, or swap it with an OSC20 Token and OHO USDT (OUSDT).
*Simple Rewards
Simply earn rewards by staking, providing liquidity, or farming at Oho Swap. Oho stake rewards is fixed at 2.00%/year.
*Multi Chains
You can conveniently swap $OHO Coin and $OHO BEP20 Token at 1:1 ratio at supporting exchanges.
*Low Fees
Transaction fees on Oho Blockchain are negligible just enough to maintain optimum network security. The average transaction fee on Oho Blockchain are 0.0001 $OHO per transaction.
*Eco Friendly
Oho blockchain network uses Proof of Authority consensus which requires minimal energy, much less than the traditional POW or POS consensus algorithm.
## How Many $OHO Coins Are There in Circulation?
The Oho Coin distribution was designed to promote $OHO value, sustainability and growth.
Currently, the total circulating supply of $OHO Coin is around 25 billion $OHO Coin or 55.56% of the maximum supply of 45 billion $OHO Coin.
Oho Stake Rewards Pool of 10 Billion $OHO Coin or 22.22% of the total supply is sufficient to sustainably provide stake rewards to holders for at least a couple of decades.
Another 10 Billion $OHO Coin or 22.22% of the total supply are reserved for the marketing/liquidity and development fund.