COURT max supply and development update

We are excited to announce a major milestone for the OptionRoom protocol. The OptionRoom governance token COURT has reached a total supply of 40,000 at block 12580565. This means no more COURT will ever be minted.

COURT tokens are currently distributed across 2200 holders across BSC and ETH.

Summary

• COURT reached the maximum supply of 40,000
• Forecast Markets Beta including Governance module launch is around the corner
• We are in the final iteration of the smart contract audits, full report will be published in the upcoming days

Moving forward

The Forecast Markets Beta launch including the Governance module is just around the corner. We are in the final iteration of the smart contract audits, a full report will be published in the upcoming days.

Initial forecast markets beta launch will include full functionality including:

Market creation: Anyone can create a forecast market in the OptionRoom protocol by submitting a market proposal and paying the creation fee

Market participation/trading: AMM model that makes it easy to enter, exit and trade positions

Governance Module: Governance stakers will have the ability to govern the OptionRoom protocol and earn ROOM by aiding in pending markets governance, market resolution, disputes, and more.

Reward and buyback mechanism: Participants earn ROOM tokens, fees are used to buy back ROOM from the open market

Governance

By staking COURT into governance you gain governance rights and authenticity power. Individuals who curate and govern the OptionRoom protocol get rewarded in ROOM tokens.

To stake your COURT for governance rights and authenticity power in the OptionRoom ecosystem head over:

👉🏽 https://app.optionroom.finance/governance

• The COURT token contract address on ETH is: 0x0538A9b4f4dcB0CB01A7fA34e17C0AC947c22553
• The COURT token contract address on BSC is: 0x75dcb13c357983b6281bdcd57d2d6e66f8c6086a

We are in the final iteration of the smart contract audits, a full report will be published in the upcoming days.

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