Question 1

What is OAS?

Accepted Answer

OAS is the native token of the Oasys network. Oasys is an EVM-compatible public blockchain designed for gaming; EVM compatibility means that applications and development tools can use an execution environment compatible with the Ethereum Virtual Machine. The role of OAS should be understood in the context of Oasys's network structure: the lightpaper identifies it as a token used for network fees, staking, governance, and payments within the ecosystem. It is not synonymous with an in-game asset of any particular game, and whether a specific game or application accepts OAS still depends on that application's implementation.

Question 2

What is the purpose of Oasys's two-layer architecture?

Accepted Answer

Oasys uses a multilayer architecture consisting of the Hub-Layer and Verse-Layer: the Hub-Layer is a scalable L1, while the Verse-Layer is a dedicated L2 for gaming content. The purpose of this division is to separate network-wide data and stability requirements from the execution environment for gaming applications. The lightpaper describes the Hub-Layer as responsible for securely and reliably storing and exchanging data, without applications running directly on that layer; the Verse-Layer hosts applications and game-related transactions, can operate as a permissioned chain, and uses a customized Optimistic Rollup in the design described in that document. Gaming transactions are first processed on the Verse layer, after which the Verse layer submits an aggregated summary to the Hub layer, allowing the underlying network to assume record-keeping and data-availability responsibilities.

Question 3

How is OAS related to network fees?

Accepted Answer

OAS's relationship with network fees primarily arises when the Verse-Layer submits aggregated transaction data to the Hub-Layer. The lightpaper lists the Gas fee for this submission to the Hub layer as a use of OAS; the fee is borne on the Verse-Layer side, rather than simply equating every end-user gaming action with the user directly paying OAS. Therefore, two layers of costs need to be distinguished: applications within the Verse layer can design their own user experience, while a network settlement step still exists when the Verse submits aggregated data and records it to the Hub layer. Gas fees here refer to the network fees required to process and record that submission; whether and how an actual application charges end users depends on the rules of the particular Verse and application.

Question 4

What governance can OAS holders participate in?

Accepted Answer

OAS holders can participate in network-related decisions through decentralized governance. The lightpaper lists governance as a use of OAS and gives the staking inflation rate and the use of treasury funds as examples of matters that may be decided through governance. This means that the relationship between holding tokens and governance is as follows: holders make decisions on proposals through governance procedures, and those decisions may affect future network parameters or treasury uses; it does not mean that any individual holder can independently change network rules. Specific voting eligibility, procedures, and whether a proposal has been approved are subject to the governance rules and proposals applicable at the relevant time.

Question 5

Can OAS be staked?

Accepted Answer

Yes. OAS staking is listed in the lightpaper as one of the token's uses, and staking in this network design is associated with supporting validation and receiving staking rewards. Rewards are part of the mechanism only when users use OAS for network participation or participate in validation through the applicable method; they are not generated automatically merely because tokens are held in a wallet. However, the fact that OAS can be staked does not imply a fixed yield or uniform term. The lightpaper does not provide a current reward rate, lock-up period, validator requirements, or penalty parameters in the provided materials; these conditions directly determine the cost and outcome of participation and must be determined according to the staking rules actually in effect.

Question 6

How does the OAS issuance mechanism work?

Accepted Answer

The Oasys lightpaper states that the initial supply of OAS at network launch was 10 billion tokens. Initial supply is the quantity set at launch; it is not equivalent to the current circulating supply, nor can it alone indicate the holders of each portion of tokens, unlocking progress, or the quantity tradable on the market. The document also proposes a subsequent supply design: six years after mainnet launch, whether to add additional supply for staking rewards would be decided by OAS holders through governance. This is a mechanism description subject to a time condition and a governance decision; based on this historical lightpaper alone, additional issuance, its amount, or its implementation cannot be presented as an established fact.

Question 7

What payment scenarios can OAS be used for?

Accepted Answer

The lightpaper identifies OAS as a payment method that can be used to purchase NFTs and other products. NFTs are distinguishable on-chain tokens that games or digital content can use to represent different digital items; therefore, OAS's payment use is directed at ecosystem applications that support the token, rather than automatically applying to all NFTs or goods. For actual payments, the application or merchant needs to accept OAS and determines the price, settlement network, and delivery terms. Network-level uses of OAS and whether OAS is accepted within an application are two different levels: the former relates to Oasys's fee, staking, and governance design, while the latter depends on the payment integration of the specific product.

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