🪐Overview of Oasys Functions

Oasys Functions

The matrix below gives you the overview of Oasys architecture functions.

Oasys Functions	L1	L2
NFT Creation	Possible *Only ERC-721 can be used	Possible *Any token standard can be used for deployment
FT Creation	Possible *Only ERC-20 can be used	Possible *Any token standard can be used for deployment
Gas Fee	Needed	Zero
DEX	Tealswap	No DEX on HOME Verse
CEX for OAS	Bitbank / SBIVCTrade / OKX / Gate.io	No CEX for L2 OAS *L2 OAS is needed to bridge to the Oasys Hub to exchange on CEX
On ramp	Alchemy Pay	N/A
NFT Checkout (Credit Card Payment)	Possible	Possible

Introducing different types of NFTs & FTs on Oasys

There are 4 particular types of tokens called, vNFT / oNFT / vFT / oFT including exNFT/FT (external FT/NFT) on Oasys. Each token has different roles and functions.

Reference : OASYS official document - FT / NFT design

vNFT

vNFT is minted on the Verse layer(L2) and not applicable for bridging to the Oasys Hub layer(L1).

Mint

Needed to be minted on the Verse layer(L2)

Bridge

Cannot be bridged from the Verse layer(L2) → Oasys Hub layer(L1) →Once minted, they are locked in the Verse layer

vFT

vFT is minted on the Verse layer(L2) and not applicable for bridging to Oasys Hub layer(L1).

Mint

Needed to be minted on the Verse layer(L2)

Bridge

Cannot be bridged from the Verse layer(L2) → Oasys Hub layer(L1) →Once minted, they are locked in the Verse layer

oNFT

oNFT is minted on the Oasys Hub layer(L1). It can be bridged between the Verse layer(L2) and the Oasys Hub layer(L1).

When creating an oNFT, it is necessary to have an ERC-721 created on each the Oasys Hub layer(L1) and Verse layer(L2).

Mint

Needed to be minted on the Oasys hub layer(L1) first, then the Verse layer(L2)

Bridge

Can be bridged between Oasys hub layer(L1) ⇔ Verse layer(L2) *Cannot be bulk-transferred (can be transferred per unit)

oFT

oFT is created on the Oasys Hub layer(L1). It can be bridged between Verse layer(L2) ⇔ Oasys Hub layer(L1) and Oasys Hub layer(L1) ⇔ External chain.

When creating an oFT, it is necessary to have an ERC-20 created on each the Oasys Hub layer(L1) and the Verse layer(L2).

Mint

Needed to be minted on the Oasys hub layer(L1) first, then the Verse layer(L2)

Bridge

Can be bridged between Verse layer(L2) ⇔ Oasys Hub layer(L1) and Oasys Hub layer(L1) ⇔ External chain

• For more detailed information about FT / NFT design,　visit→https://docs.oasys.games/docs/verse-developer/handle-token/1-5-intro