The Ofero SFT
Overview
The Ofero Network Semi-Fungible Token (SFT) is the most valuable asset in the ecosystem, functioning as a true share of the network. Each SFT embeds the equivalent of 450,000 OFE within it—no additional tokens are needed—granting holders a passive annual percentage rate (APR) of 8.4%. Rewards are distributed transparently from the wallet managed by the SFT Smart Contract, with all transactions visible on the blockchain:
Ofero: SFT Smart Contract https://explorer.multiversx.com/accounts/erd1qqqqqqqqqqqqqpgqj8u0xtmjehue9xtwmpufestl88g0l8mjvmdsnz9vwg
All network profits are directed to the Ofero SFT Smart Contract Wallet for distribution to SFT holders. This ensures sustainable long-term rewards and decentralized governance.
Governance and Vision
Ofero Network envisions a fair and decentralized governance system, with key milestones for participation:
Unique Holders Target: By July 1, 2026, Ofero aims for at least 700 unique SFT holders actively engaging in governance.
Profile Registration: Holders must register and verify their profiles on ofero.me.
Staking and Governance: While staking is technically unlimited, Ofero aims for a system where governance and participation are based on holding a single SFT per person.
Annual Meetups: Starting in 2026, in-person governance meetups will be held at a global location each year. Remote participation will not be available, requiring attendees to be present in person.
First Governance Meetup: Scheduled from August 16, 2026, to August 23, 2026, with the location determined by a community vote on March 7, 2026.
VIP Status and Privileges
Holding an SFT grants VIP status within the Ofero Network, offering:
Exclusive recognition.
Governance voting rights.
Access to special privileges within the ecosystem.
Historical Transition (For Early Holders)
Refund Option: Early holders who preferred the original terms could request a full refund of 112,100 OFE per SFT until February 28, 2025.
Post-Deadline Transition: After February 28, 2025, all SFTs automatically adhere to the current valuation model, and refund requests are no longer accepted.
The Ofero SFT is more than an asset—it is a stake in the network’s future, granting rewards, governance influence, and long-term value.
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