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$oBTC will serve as the native currency for Ordinal BTC Ecosystem. All utilities within the Ordinal BTC Ecosystem are intended to provide greater incentives for $oBTC holders.
$oBTC has a maximum supply of 21,000,000 tokens. There was an initial LBP on Fjord to raise development capital and the remaining tokens were placed in a Uniswap liquidity pool which has been locked.