It's been nearly a year since OSEAN DAO launched its $OSEAN token on April 30th 2023 on the BSC Chain (Binance). The project has achieved significant milestones in integrating the yachting industry with the world of cryptocurrency. This innovative and unique Real-World Asset (RWA) project has the po

It's been nearly a year since [OSEAN DAO](https://osean.online?utm_campaign=1stAnniversary&utm_medium=blog&utm_source=Link3) launched its [$OSEAN token](https://coinmarketcap.com/currencies/osean/) on April 30th 2023 on the BSC Chain (Binance). The project has achieved significant milestones in integrating the yachting industry with the world of cryptocurrency. This innovative and unique Real-World Asset (RWA) project has the potential to revolutionize the yachting industry in all aspects. That includes charter operations / sailing & boating courses / yacht maintenance and other services connected to the recreational boating industry.

At this point, OSEAN DAO is the ONLY Crypto RWA project in the yachting sector and clearly has a big “First Mover Advantage” in its corner! By connecting the security and stability of real world assets (tokenized Yachts) with the efficiency and transparency of blockchain technology, OSEAN DAO is creating a win-win situation for traditional investors and cryptocurrency enthusiasts alike. Let's take a moment to celebrate OSEAN DAO’s remarkable achievements over the past year: 



### **Impressive Token Performance**

[The $OSEAN token](https://www.coingecko.com/en/coins/osean) has seen remarkable organic growth and this even without a CEX (Centralized Crypto Exchange like Coinbase / Binance / Kraken / etc.) listing at this point! Current market cap of the $OSEAN token is presently around +/- $2 million and has over 2,000+ holders which is growing by the day. Despite market challenges, the token's price has surged by an impressive 6,837% since its inception, showcasing strong investor confidence and interest in the project.

### **$OSEAN token launch on the Ethereum (ETH) Network**

OSEAN DAO expanded its reach by deploying the $OSEAN token as well on the Ethereum network on January 31st 2024. This strategic move has increased visibility, exposure and attracted clearly more investors to the project. With the $OSEAN token successfully launched now on two Blockchains, it makes OSEAN DAO part of the unique MultiChain RWA Crypto project space. Launching the $OSEAN token on more promising Blockchains are presently under evaluation…

### **Decentralized Exchange (DEX) Integration**

OSEAN DAO implemented [a user-friendly and “easy to use '' decentralized exchange (DEX)](https://dapp.osean.online/dex?utm_campaign=1stAnniversary&utm_medium=blog&utm_source=Link3) interface to Uniswap (ETH) and PancakeSwap (BNB) on its website. This enables investors to seamlessly purchase the $OSEAN token with either BNB (Binance Coin) and/or ETH (Ethereum) directly from the OSEAN DAO’s Homepage. This initiative has enhanced accessibility and convenience for investors.

### **Cross-Chain Bridge**

After launching the $OSEAN token as well on the ETH chain, OSEAN DAO introduced [its own bridge](https://dapp.osean.online/bridge?utm_campaign=1stAnniversary&utm_medium=blog&utm_source=Link3) on its Homepage. This facilitates the seamless conversion/switch of $OSEAN tokens between the BNB and Ethereum chains, providing flexibility for investors and enhancing interoperability.

### **SolidProof Audit**

To ensure investor safety and confidence, OSEAN DAO underwent a [comprehensive audit by SolidProof](https://github.com/solidproof/projects/tree/main/2023/Osean). This audit validated the integrity and security of OSEAN DAO's smart contracts, offering peace of mind to stakeholders. More Audits with other industry leading crypto audit companies are in planning to get done soon…

### **Exciting NFT Collections & NFT Marketplace**

OSEAN DAO launched [its own NFT marketplace](https://dapp.osean.online/markt?utm_campaign=1stAnniversary&utm_medium=blog&utm_source=Link3), providing a platform to list its own NFTs and foster a vibrant ecosystem within the project and the broader crypto community.

Besides its own NFT Marketplace, OSEAN DAO unveiled as well two exclusive NFT collections:

- **[The OSEAN Skipper Collection](https://dapp.osean.online/skippersmint?utm_campaign=1stAnniversary&utm_medium=blog&utm_source=Link3)**: This inaugural collection celebrates the marketplace launch and each NFT is presently priced at 0.25 BNB. Over time the price per NFT will be raised steadily. Owning a Skipper NFT will unlock as well a 20% discount when purchasing a OSEAN Governance Collection NFT.
- **[The OSEAN Governance Collection](https://dapp.osean.online/govmint?utm_campaign=1stAnniversary&utm_medium=blog&utm_source=Link3)**: Holders of at least one Governance NFT gain access to the exclusive DAO (Decentralized Autonomous Organization) of the project. From an investment point of view and for a long term passive income strategy, the project's DAO is the place to be! Being part of the DAO offers direct ownership through asset tokenization. It will also unlock voting rights and proposal powers to DAO members to decide what happens with the DAO revenue, generated by the various yachting operations.

### **Staking of the $OSEAN token & Skipper NFT’s**

OSEAN DAO offers staking of the $OSEAN token (6% APY)  and Skipper NFT’s (8% APY) direct and seamlessly on its Homepage as well. There is no locking period and the staked $OSEAN tokens / Skipper NFT’s can be un-stacked and transferred back to the owner's wallet at any time! 

### **OSEAN DAO’s unique DAO**

OSEAN DAO distinguishes itself through its robust and [user-friendly DAO](https://dapp.osean.online/vote?utm_campaign=1stAnniversary&utm_medium=blog&utm_source=Link3) (Decentralized Autonomous Organization) front-end, empowering Governance NFT holders to actively participate in the project's decision-making process. This feature-rich interface fosters transparency, accountability, and a strong sense of community ownership. Key Features of the DAO Front-End on the Homepage:

- **Comprehensive Archive:** Members can easily access and review all past proposals submitted to the DAO. This historical record allows for informed voting decisions and facilitates continuity within the project.
- **Real-Time Treasury Balances:** Complete transparency is provided by displaying the current state of the DAO treasury.
- **Streamlined Delegation Interface:** The platform empowers Governance NFT holders to delegate their voting rights to other members they trust. This flexibility ensures broader participation and fosters a more inclusive governance structure.
- **Member and Vote Power Visualization:** A clear overview of all DAO members and their associated voting power is readily available. This transparency allows members to understand the distribution of influence and make strategic voting decisions.
- **Pre-Built Proposals:** To expedite the voting process, the DAO offers a library of pre-built proposals addressing common scenarios. This feature streamlines governance and empowers members to quickly launch proposals for community consideration.
- **Proposal Decoder:** A valuable tool is provided to assist members in understanding complex proposals. The proposal decoder breaks down the proposal's technical aspects and implications, enabling informed voting decisions even for non-technical users.



### **CEX (Centralized Crypto Exchanges) listings**

The OSEAN DAO team is currently evaluating the listing of the $OSEAN token on several Centralized Exchanges (CEX). However, a **higher priority** has been placed on the critical acquisition of its first “real world asset”, a Yacht! This strategic focus on securing a physical yacht underscores OSEAN DAO's commitment to a tangible asset-backed ecosystem. Owning and operating a yacht will serve as a powerful proof-of-concept and demonstrate the viability of the RWA model. This, in turn, is anticipated to generate significant investor interest and FOMO (Fear Of Missing Out). It is highly probable that exchanges will actively seek to list the $OSEAN token once they recognize the inherent value proposition and see investor demand driven by the project's tangible foundation. 

### **Upcoming LLC Registration**

OSEAN is on track to finalize its LLC registration by the end of April or early May. This crucial milestone will establish a formal legal framework for the project's operations. The LLC structure will facilitate strategic initiatives such as Yacht acquisitions, the establishment of key partnerships, and broader expansion within the yachting industry. The upcoming registration signifies OSEAN DAO's commitment to responsible and sustainable growth. With a solid foundation in place and an exciting roadmap for the future, OSEAN DAO is well-positioned for continued success and a leadership role in the dynamic world of RWA crypto projects!

Stay tuned for more updates and developments from the OSEAN team!

*For more information and updates, visit[ OSEAN DAO's official website](https://osean.online?utm_campaign=1stAnniversary&utm_medium=blog&utm_source=Link3) and follow us on[ ](https://twitter.com/oseanproject)*X (Twitter).



OSEAN DAO's Milestones: A Year of Innovation and Growth

We are excited to announce Cyber Restaking, an innovative feature powered by [EigenLayer](https://www.eigenlayer.xyz/) and liquid restaking protocols. This feature enables users to participate early in ETH restaking via the dual-stake model on Cyber L2, the first restaked Ethereum Layer 2 for social and mass adoption. Starting from April 9th, users can deposit Liquid Restaking Token (LRT) assets from [Renzo](https://www.renzoprotocol.com/) (ezETH), [Puffer Finance](https://www.puffer.fi/) (pufETH), and [ether.fi](http://ether.fi/) (weETH), to begin earning Cyber Restaking Points.

### Cyber Restaking Points

Cyber Restaking Points are designed to incentivize early stakers and communities that help bootstrap native liquidity to Cyber L2 from day one. Users can earn yield and points on their deposits, including ETH staking yield, ETH restaking yield, EigenLayer points, LRT points, and Cyber Restaking points.

As a staker, any LRT staked amount less than 2 ETH (pufETH, weETH, ezETH) will earn you double points per day. Additionally, with referral, you will receive 15% of the restaking points from your invited friends (direct referral), and 5% of your friends’ invites (2nd degree referral).

Moreover, users can withdraw their assets at any time without any waiting period, retaining all earned points and yields.

### Cyber Dual-Stake Model

Cyber L2 utilizes EigenLayer's [Actively Validated Services](https://docs.eigenlayer.xyz/eigenlayer/overview/key-terms) (AVS) to develop essential decentralized infrastructures such as the sequencer, verifier, and CyberDB. It employs a dual-stake model to establish a secure decentralized node network.

![img](https://link3-image.cyberconnect.dev/5ebbb9fa-9d33-4741-a22d-2a7dc4b95c0c/postImageFolder/55e140ae664caf0e)This model uses both the CYBER and EigenLayer's restaked ETH to bolster network security through staking. In exchange, stakers will programmatically share the revenue from these services. As the first step, Cyber will ultilize EigenDA’s scalable and cost-effective DA solution to unlock the new waves of on-chain web3 social experience. More details can be found [here](https://docs.cyber.co/cyber-token/staking).

### **How to Get Started**

A month ago, we introduced the [CYBER staking program](https://cyber.co/stake). Since then, we have accumulated over 3.2M staked CYBER tokens (worth approximately $40M) and have attracted over 43K stakers. This has helped bootstrap native liquidity and security for Cyber L2 in preparation for Cyber mainnet launch.

Today, we're launching the Cyber restaking program with our initial batch of LRT partners: Renzo, Puffer, and EtherFi. We invite you to participate in dual-staking from the beginning. Please visit [https://cyber.co/restake](https://cyber.co/restake) to deposit your LRT assets. If you have any queries, join us on [Discord](https://discord.gg/cyberconnecthq) or refer to the FAQ below for commonly asked questions.

### **About Cyber**

Cyber **([https://cyber.co/](https://cyber.co/))** is the first restaked Ethereum Layer 2 designed for social and optimized for mass adoption. It serves as the social layer for web3 applications and the gateway for the next wave of users to access web3 experiences, tools and financial liquidity across on-chain ecosystems.

Cyber: [Website](https://cyber.co/) | [Twitter](https://twitter.com/CyberConnectHQ) | [Blog](https://link3.to/cyberconnect) | [Discord](https://discord.gg/cyberconnecthq)

### FAQ

1. **What is LRT?** 
LRT, or Liquid Restaking Token, allows users to stake their ETH to accrue staking rewards and automatically restake their ETH in EigenLayer. LRT enjoys the both benefits of staking and restaking yield, and the liquidity to explore other opportunities within the ecosystem.

2. **How do I earn points in Cyber restaking?** 
You can accumulate points by restaking LRTs. Additional points are available by referring others to restake.

3. **What benefits do I get from inviting others to restake LRT?** 
You earn extra points based on your invitees' restaking points. You'll receive 15% of the restaking points from your direct invitees and 5% from your second-degree invitees (those invited by your invitees). Your referral code can be used for an unlimited number of times.

4. **When can I withdraw LRT?** 
You can withdraw any time and keep the points and yield already earned, without any waiting period.

5. **Where is the reward coming from?** 
The reward comes from native ETH staking yield + restaking yield from EigenLayer (including rewards for running AVS to power Cyber L2) + EigenLayer points + LRT points + Cyber Restaking points.
Here’s how Cyber Restaking Points are calculated:
Any staked amount less than 2 ETH (pufETH, weETH, ezETH, the same below) can get 24,000 points per day per ETH, and the amount higher than 2 ETH can get 12,000 points per day per ETH.
For example, the points for a user restaking 3 weETH for 90 days are 2×90×24,000 + 1×90×12,000 = 5,400,000.
EigenLayer points and native rewards are distributed pro-rata by their platform. For information on protocols' point distribution and your points, see below links.
EigenLayer Points: [doc](https://docs.eigenlayer.xyz/eigenlayer/restaking-guides/restaking-user-guide/restaked-points); [points dashboard](https://app.eigenlayer.xyz/)
Renzo Points: [doc](https://docs.renzoprotocol.com/docs/product/renzo-ezpoints);  [points dashboard](https://app.renzoprotocol.com/portfolio)
Puffer Points: [doc](https://quest.puffer.fi/about); [points dashboard](https://quest.puffer.fi/deposit)
ether.fi Loyalty Points: [doc](https://etherfi.gitbook.io/etherfi/getting-started/loyalty-points); [points dashboard](https://app.ether.fi/portfolio)

6. **Is there a minimum deposit amount to earn Points?** 
There is no minimum deposit requirement to earn Cyber Restaking Points.

We are excited to announce Cyber Restaking, an innovative feature powered by EigenLayer and liquid restaking protocols. This feature enables users to participate early in ETH restaking via the dual-stake model on Cyber L2, the first restaked Ethereum Layer 2 for social and mass adoption. Starting fr

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