Dear Community,
We are excited to announce that OSEAN DAO will begin its migration to a new and more advanced smart contract infrastructure starting tomorrow.
This upgrade represents a major evolution of our ecosystem—both technically and legally—designed to enhance security, scalability, and long-term sustainability.
About the New Smart Contracts
Our new infrastructure introduces:
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A modern token architecture (NAUTOR – NAU) with improved fee handling and treasury distribution
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A fully on-chain governance system powered by Governance NFTs
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A KYC Registry layer ensuring compliant and secure participation
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Enhanced DAO control over treasury operations and protocol upgrades
This marks a significant step forward in aligning OSEAN DAO with institutional-grade standards.
MIGRATION PROCESS
OSEAN Token Migration
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A snapshot will be taken on both chains within the next 2–3 days, prior to the liquidity wipe
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The exact timing will NOT be announced to prevent manipulation
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We reserve the right to delay the wipe up until the launch if necessary
Important Rules:
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Any purchases after the liquidity wipe will NOT be eligible for migration
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Any claims based on post-wipe activity will be denied
Staking
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Users who have not yet unstaked will still have time to do so
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Unstaking will still count toward migration, even after launch
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However, staking after the wipe will NOT count
Old Token Decommission
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The current OSEAN token will be fully deprecated
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It will be:
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Delisted from all platforms
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Removed from BscScan / Etherscan relevance
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Disconnected from the OSEAN ecosystem
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NAUTOR (NAU) TOKEN LAUNCH
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The new token NAUTOR (NAU) will launch on Ethereum
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All OSEAN apps will be upgraded to support the new smart contracts
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Launch Date: Sunday, April 5, 2026
Claim Details
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Claims will open approximately 48 hours after launch
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Claim website: https://nautortoken.com
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Migration ratio: 1:1 (OSEAN → NAU)
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Launch price will match the pre-wipe OSEAN price
GOVERNANCE NFTs
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Governance NFTs will be distributed via DAO forums
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Eligible holders will receive instructions on how to claim
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These NFTs represent:
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DAO membership
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Voting power
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Governance rights
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SKIPPER NFTs
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The new Skipper NFT collection will be delayed
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Existing holders will retain all DAO benefits, including discounts
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The new release will likely include:
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Updated design
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New staking mechanics on Ethereum
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KEY ECOSYSTEM FEATURES
NAUTOR (NAU) Token
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Buy/Sell tax (max 5%) applied only on DEX interactions. We plan to keep a low tax to encourage trading even down to 1%. DAO controls the percentage of the tax and can change it with a vote. The tax can never be more than 5%.
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Automatic NAU → ETH swap on sells
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ETH distributed between:
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DAO Treasury
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Nautor operations
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No transfer restrictions (wallet-to-wallet is fee-free)
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DAO-controlled parameters (fees, thresholds, wallets)
Governance NFT
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Represents DAO membership and voting rights
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Integrated with on-chain voting (ERC721Votes)
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Cannot be transferred without KYC approval
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Cannot be burned
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Marketplace access is restricted and controlled
DAO Governance
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Proposal creation & voting system
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Quorum-based execution
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Full treasury control via governance
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Adjustable governance parameters (delay, threshold, voting period)
KYC Registry
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On-chain wallet verification (no personal data stored)
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Required for:
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Holding Governance NFTs
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Participating in governance
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Managed via role-based permissions
FINAL NOTES
This migration is a critical upgrade for the future of OSEAN DAO.
It strengthens:
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Security
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Compliance
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Governance
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Ecosystem scalability
We strongly encourage all members to follow the process carefully and stay updated through official channels.
Discuss migration and ask your questions here: OSEAN DAO – Migration Announcement discussion
The next phase of OSEAN begins now.
— OSEAN DAO Team
