What is Osaka Protocol (OSAK)?

Yeliz Akmaca — Wed, 10 Sep 2025 19:24:59 +0000

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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