Yeliz Akmaca 
Osaka Protocol (OSAK) is an ERC-20 token project launched on Ethereum, aiming to revive “true decentralization” while referencing the vision of Shiba Inu’s founder, Ryoshi. It was introduced on April 23, 2023, as a community-driven initiative. The project embraces a “There is no dev” motto, promoting a developer-free approach that distributes all responsibility to community members.
Investors and Notable Partnerships
The project documents do not mention major VC investors or strategic partnerships. OSAK instead focuses on community support, decentralized exchange (DEX) listings, and cross-chain bridges to grow its ecosystem. Its availability on Binance Smart Chain, Arbitrum, Avalanche, Polygon, Base, and Optimism highlights its omnichain nature.
Project Idea
The core idea of OSAK is to revive Ryoshi’s model for Shiba Inu — “fair distribution, no team privilege, and community power” — and adapt it to modern conditions. The project seeks to reapply Shiba Inu’s original principles and build a community economy fully driven by users.
How the Project Works
Technology: OSAK operates as an ERC-20 token on Ethereum and uses LayerZero’s OFT (Omnichain Fungible Token) technology for cross-chain transfers.
Liquidity: At launch, 10 ETH paired with 10% of the supply was added to Uniswap liquidity.
Bridge: Its official cross-chain bridge enables transfers across Ethereum, Avalanche, BNB Chain, Arbitrum, Polygon, Base, and Optimism.
Governance
The official vision is “There is no dev, you are the dev.” There is no central development team or leadership. Decisions are made through community channels (X, Telegram, Discord). On-chain DAO infrastructure remains limited, with governance primarily driven by community initiative.
Roadmap
- Expansion of omnichain support
- Liquidity pools and farming mechanisms
- NFT and gamification-based features
- Strengthening community-driven DAO infrastructure
- There is no strict timeline; the roadmap focuses more on vision and goals than dated deliverables.
Token Utility
- Transaction fees: For cross-chain transfers and DEX trading
- Staking and farming: Passive income via LP farm programs
- Community incentives: Airdrops and reward distributions
- Liquidity support: Strengthening Uniswap and other DEX volumes
Token Information
- Token Standard: ERC-20
- Total Supply: 761.45 trillion OSAK
- Maximum Supply: 1 Peta OSAK (1,000,000,000,000,000 OSAK)
- Circulating Supply: 750.86 trillion OSAK
Token Distribution
50% of supply: Burned
- 10% + 10 ETH: Added to Uniswap liquidity
- 30%: Allocated to “SoldShibaSadBoy” airdrop participants (unclaimed tokens burned)
- 5%: Reserved for LP farming (180-day lock)
- 5%: Community development and incentives
- In total, 73.85% of the supply has been burned or sent to the Ryoshi address.
Ecosystem
- Omnichain structure: Usable on Ethereum, Avalanche, Arbitrum, Polygon, BNB Chain, Base, and Optimism
- DEX integrations: Liquidity pools exist on Uniswap, TraderJoe, PancakeSwap, and others
- Community: Growth relies on social media and community ownership rather than centralized investors
Official Links
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