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What is OPUL?

An explanation of what you can do with the OPUL token, it's origin, and where to acquire it.

Support Team avatar
Written by Support Team
Updated over 9 months ago

OPUL Token Explained

OPUL is the native token and lifeblood of the entire Opulous ecosystem. It first launched in September 2021 on the Algorand network and is the key to accessing all Opulous products.

OPUL in Opulous 2.0

OPUL token on Arbitrum launched in December 2023 to power our Opulous 2.0 products, including Opulous Finance, and the respective OVAULT liquid staking pools.

Arriving in Opulous Finance V2 - holders of the OPUL token are prioritised to stake and unstake from the liquid staking pools, enabling faster liquidation and access to rewards. OPUL tokens can be staked to earn the famous Opulous Tickets that can be used for various purposes across the platform.

Further OPUL utility will be introduced in 2024, as new products and features arrive into the ecosystem.

OPUL in Opulous 1.0

As part of Opulous 1.0 on Algorand, OPUL can be staked and locked for any duration between 15 to 365 days until the expiry of this particular pool on February 05 2025. By staking OPUL in this pool you earn between 1% to 10% APY and receive 1 Opulous Ticket every day for each 10 OPUL you have locked.

OPUL was also used to purchase MFTs from the MFT Launchpad on Algorand.

Where can you get OPUL?

The OPUL token is currently available on a number of centralized and decentralized exchanges and can be traded on most of these exchanges with USDT.

Centralized Exchanges:

Decentralized Exchanges:

When trading on a decentralized exchange, pay attention to the depth of liquidity pools before making any swap to ensure a fair trade.

Do You Still Need Help?

Let us know by joining the official Opulous Telegram Community πŸ‘‰ here.

If you're still having any issues with any of the above steps, please contact us on a chat function here πŸ‘‰ Opulous Chat. You can find the chat button in the bottom right. Make sure you share as much information about your issue as you can so the support team can help you quicker.

Alternatively, you can contact support by emailing support@opulous.org.

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