OAK Network

The company was founded in 2020 by Chris Li and Irsal McGinnis. It is headquartered in San Francisco, California, and was founded with a mission to build a Stripe-style entworknetwork for Web3 and across protocols. The blockchain is built on the Parity SubstrateParity Substrate, which allows transactions to be triggered by event signals, such as smart contract state changes or time changes, rather than Ethereum's transaction-based model.

The OAK Network offers cross-chain automation infrastructure with an event-driven model, that allows users to schedule future transactions based on time triggers, allowing them to automate recurring or one-time tasks regardless if they are cross-chain; offers a trustless auto-trading framework including a decentralized limit and stop-loss orders without smart contracts or private key delegation; and the network offers smart contract tiggers which can be customized on specific logics or actions.

The OAK Network offers a cross-chain automation infrastructure with the following features:

• an event-driven model in which users can schedule future transactions based on time triggers, allowing them to automate recurring or one-time tasks regardless if they are cross-chain
• a trustless auto-trading framework, including a decentralized limit and stop-loss orders without smart contracts or private key delegation
• smart contract triggers, which can be customized according to specific logic or actions

OAK is a utility token with an initial supply of1of 1 billion. The token is supposed to be minted in the genesis block at launch, and it is used to power network transaction fees, with dynamic fees whichthat can be adjusted to prioritize tasks and reduce network congestion;. The token can be used for staking in the network, which is rewarded by the network;. It is a governance token tothat allowallows token holders to determine the direction of the network;. andAnd it is part of the DAO community OAK intends to build and includes developer incentives.

OAK is building an operating system for smart contracts in Polkadot ecosystem that provides both consumers and developers with unparalleled experience including scalability, efficiency and feasibility.

OAK (On-chain Autonomous Kernel) Network is a developer of an automation blockchain for DeFi and recurring payments across protocols, built with an event-driven execution model. The company works to achieve this through an on-chain autonomous framework with the event-driven virtual machine, autonomous transactions, and an on-chain scheduler to help dApps and DeFi make transactions that are triggered by event signals.

The company was founded in 2020 by Chris Li and Irsal McGinnis. It is headquartered in San Francisco, California, and was founded with a mission to build a Stripe-style entwork for Web3 and across protocols. The blockchain is built on the Parity Substrate, which allows transactions be triggered by event signals, such as smart contract state changes or time changes, rather than Ethereum's transaction-based model.

The OAK Network offers cross-chain automation infrastructure with an event-driven model, that allows users to schedule future transactions based on time triggers, allowing them to automate recurring or one-time tasks regardless if they are cross-chain; offers a trustless auto-trading framework including a decentralized limit and stop-loss orders without smart contracts or private key delegation; and the network offers smart contract tiggers which can be customized on specific logics or actions.

OAK is a utility token with an initial supply of1 billion. The token is supposed to be minted in the genesis block at launch, and is used to power network transaction fees, with dynamic fees which can be adjusted to prioritize tasks and reduce network congestion; can be used for staking in the network, which is rewarded by the network; is a governance token to allow token holders to determine the direction of the network; and is part of the DAO community OAK intends to build and includes developer incentives.