OCTA

Octans (OCTA) is a cryptocurrency that has garnered attention for its unique approach to rewarding its holders. The project is known for its auto yield and liquidity smart contract that is designed to address common concerns in the DeFi space, such as yield farming, liquidity mining, and staking. OCTA utilizes a reward system where holders can benefit over time through an automatic reward mechanism in place for transactions .

The OCTA token operates on the Binance Smart Chain and has a maximum supply of 1,000,000,000,000,000 OCTA. It applies an 8% fee on all transactions, which is distributed between rewarding holders and liquidity provision. Notably, 4% of the fee is automatically given to holders, while the other 4% is directed towards the liquidity pool, ensuring a constant flow of value addition to the token .

In terms of liquidity, it's mentioned that the liquidity for OCTA was locked for a period of four years, and the token continues to undergo a burning process, which reduces the circulating supply and potentially increases the value of each OCTA token held by investors .

However, it's important to note that the current circulating supply and total supply of OCTA are listed as zero on some platforms, which might indicate a lack of available tokens for trading or could be an update pending from the project team .

For those interested in purchasing or holding OCTA, it is crucial to stay informed about the project's developments and the overall cryptocurrency market trends. The performance of OCTA, like any other cryptocurrency, can be influenced by various factors including market demand, technological advancements, and regulatory news .