OOMER to OOM Split
Overview
The transition from $OOMER to $OOM represents a strategic upgrade designed to enhance usability and scalability. This transition implements a 10-to-1 split where holders of $OOMER receive 10 $OOM for each $OOMER they lock into the contract. This process is designed to benefit all token holders by making the new $OOM token more accessible and functional within the OomerBot ecosystem.
You can exchange your tokens seamlessly through the official platform: https://www.oomerbot.xyz/OomToken.
Token Contract Addresses:
$OOM: 0xE881f1FB21b4Add26940b771b32878AAFD6a582c
$OOMER: 0x41a5189f62e71c75824E6f7ff033e29b44Cfe2D3
What is a Token Split?
The $OOMER to $OOM transition is similar to a stock split in traditional markets. For every 1 $OOMER you lock in the contract, you will receive 10 $OOM tokens. This approach is intended to:
Increase the total supply of tokens, improving liquidity.
Make token units smaller and more accessible for micro-transactions.
Retain the overall value for token holders, as the split is proportional.
How to Exchange Your $OOMER for $OOM
Exchanging your tokens is straightforward. Follow the steps below:
Step 1: Lock Your $OOMER Tokens
Ensure you have $OOMER tokens in your wallet.
Go to the OomerBot Token Exchange Page.
Approve the contract to spend your $OOMER tokens.
Lock your tokens using the Lock Tokens function. For every 1 $OOMER locked, you will receive 10 $OOM.
Step 2: Exchange for $OOM Tokens
Once your tokens are locked, select the Exchange Locked Tokens function.
The contract will transfer your newly minted $OOM tokens to your wallet at a 10:1 ratio.
Key Details
Tokenomics of $OOM
Total Supply: 10,000,000 $OOM
Symbol: $OOM
Decimals: 18
Contract Address: 0xE881f1FB21b4Add26940b771b32878AAFD6a582c
Tokenomics of $OOMER
Symbol: $OOMER
Decimals: 18
Contract Address: 0x41a5189f62e71c75824E6f7ff033e29b44Cfe2D3
Exchange Mechanics
Lock Tokens: This step secures your $OOMER in the contract.
Receive $OOM: For every 1 $OOMER, you receive 10 $OOM tokens. The newly minted tokens will be transferred from the contract’s pre-minted supply of 10,000,000 $OOM.
Contract Details
The transition mechanism is implemented using a secure and transparent smart contract.
Key Functions
Lock Tokens
The lockTokens function allows users to deposit their $OOMER into the contract. Upon locking:
The tokens are held securely.
The user’s locked balance is updated.
Exchange Locked Tokens
The exchangeLockedTokens function enables users to exchange their locked $OOMER for $OOM at a 10:1 ratio. The smart contract ensures that the supply is available before the transaction is executed.
Security Features
Pausable: The contract includes a pause mechanism to prevent misuse during unexpected events.
ReentrancyGuard: Protects against reentrancy attacks.
Ownership: The contract owner retains the ability to manage token distribution efficiently.
Frequently Asked Questions
Why is this split happening?
The split increases token accessibility and supports the growing adoption of $OOM within the OomerBot ecosystem. By making token units smaller, we ensure scalability and better integration into future utilities.
What happens to my $OOMER after the exchange?
Your $OOMER tokens are securely locked in the contract and are no longer transferable. In return, you receive $OOM tokens at a 10:1 ratio.
Where can I view the transactions?
All transactions are recorded on the blockchain. Use BaseScan to view:
$OOM transactions: View on BaseScan
$OOMER transactions: View on BaseScan
Get Started Now
Visit https://www.oomerbot.xyz/OomToken to begin your exchange. The process is quick, secure, and designed to help you make the most of the $OOM ecosystem.
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