OODL

Learn what our native OODL coin can do for you.


Real Utility, Real Value

OODL is a tradable cryptocurrency that gives its users utility on the Oodlebit platform. Its one of a few coins that can be utilized in a real-world business giving it real value as a digital asset.


Total Supply: 200,000,000 OODL
Coin Type: ERC-20 (Ethereum)

Distribution:
Founders and early investors will be issued 50% of the total supply, while the other 50% will be distributed to the public.

Lock-up period agreement:
The 100 Million OODL to be distributed to the Founders and early investors will be subject to a 4 year lock-up period. 20 Million OODL will be distributed at the opening of Oodlebit, and 20 Million every year after that until the 4th year.

Buy back agreement:
Every profitable quarter we will take 10% of Oodlebit’s net profits and buy back OODL coins from the open market until we have reached 50 Million coins. The coins we purchase will be destroyed with the OODL burn contract decreasing the over all coin supply.

Flat Fees

Big trades, big savings

Your account automatically qualifies for flat-fees when you choose to pay in OODL coins. No matter how large any single trade is, your trade fee will never exceed $20 USD as long as you pay it with OODL!

Fees Example:

* Each displayed row is an example of a single trade and its associated fees.


Transaction Oodlebit fee Bittrex fee Poloniex fee Kraken fee
$50,000 $20 (Flat-Fee) $125 (0.25%) $100 (0.20%) $136 (0.26%)
$250,000 $20 (Flat-Fee) $625 (0.25%) $500 (0.20%) $550 (0.22%)
$1,000,000 $20 (Flat-Fee) $2,500 (0.25%) $2000 (0.20%) $1800 (0.22%)

Reduced Fees

Users can reduce their trading fees by 50% when they choose to pay for their trades in OODL. Users who make many trades a day will find this the most beneficial to reduce their cost and increase their overall profit.

Fee Example:

* Each row is an example of a single trade and its associated fee.


Transaction Oodlebit Fee % Fee Fee using OODL Savings
$500 0.2% $1 $0.50 $0.50 (50%)
$2,000 0.2% $4 $2 $2 (50%)
$5,000 0.2% $10 $5 $5 (50%)

Vote For Coins

Users can utilize their OODL to vote for their favorite cryptocurrency and help shape the future of our market place.

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