$ODEGEN Token

The native token of the Oracle Degen ecosystem.

Contract Address: 5Gzs2DxqK44fK3ob2LuxdmLfYRyuUe1QeE9MRSM3pump

Current Status

⚠️ Token Exists, Utility Not Yet Implemented

Utility features planned for post-testnet, before mainnet launch.

Planned Token Utility

1. Betting Currency (Planned)

Vision: Use $ODEGEN instead of SOL for placing bets.

Potential Benefits:

  • Lower platform fee (1.5% vs 2% for SOL bets)

  • Token buyback & burn mechanism from fees

  • Increased token demand from betting activity

Technical Requirements:

  • New place_bet_with_token() instruction in smart contract

  • Token account validation and transfer logic

  • Separate liquidity pools for token vs SOL markets

2. Governance (Planned)

Vision: Token holders vote on platform parameters.

Potential Governance Powers:

  • Fee percentage adjustments (e.g., lower from 2% to 1.5%)

  • Which markets get created (community market requests)

  • Treasury allocation (marketing, development, rewards)

  • Protocol upgrades and feature additions

4. Testnet Incentives (Planned)

Vision: Reward early testnet participants with $ODEGEN airdrops.

Potential Criteria:

  • Number of markets participated in

  • Total volume bet (prevents sybil with actual usage)

  • Community contributions (bug reports, feedback, social engagement)

Important Disclaimers

⚠️ Do Your Own Research (DYOR)

Before buying $ODEGEN:

  • Understand you may lose your entire investment

  • Assess whether the team can deliver promised utility

  • Consider that most crypto projects fail

  • Only invest amounts you can afford to lose completely

🔍 Verify Everything

  • Contract Address: Always verify on Solscan before purchasing

  • Official Links Only: Use links from verified Oracle Degen social accounts

  • Beware Scams: There may be fake tokens with similar names

How to Buy (Informational Only)

Current Options:

  1. Raydium (if liquidity exists)

  2. Jupiter Aggregator

  3. Direct DEX trade using contract address

Steps:

  1. Connect Phantom/Solflare wallet

  2. Go to Jupiter.ag or Raydium

  3. Paste contract address: 5Gzs2DxqK44fK3ob2LuxdmLfYRyuUe1QeE9MRSM3pump

  4. Verify token name matches "ODEGEN"

  5. Swap SOL for $ODEGEN

⚠️ This is not financial advice. You are responsible for your own investment decisions.

PreviousTechnology StackNextRoadmap

Last updated