Deploying Brand Tokens

What are the basic steps to create a Brand Token?
The first thing you need to do is sign up for a free account with OST Platform and get whitelisted. Once whitelisted, you can register for access. You will then be required to set up two-factor authentication for increased login security when con...
What can I do if desired token name and/or token identifier are taken?
A unique token name or symbol is only relevant for token setup in the production environment as the name and ticker symbol of the sandbox will not carry over. In the production environment, if your desired token name or token symbol is taken you c...
What should I consider when setting the conversion rate of Brand Token value to OST?
To start with, OST Platform sets a default conversation rate of 1OST=1BT. If you like, you can set an alternative conversion rate by selecting Edit under Advanced Options.  Two things to consider when setting the conversion rate: - Order of ma...
What is an Account Owner address?
The Account Owner Address is the address associated with your OST account during initial set-up. This address can be the public address of your MetaMask account or you can choose to associate a hardware wallet address, also via MetaMask. This is ...
What is stake and mint?
OST Platform enables you to mint Brand Tokens by staking OST Tokens. Brand tokens function as reward points within communities to incentivize and reward users.  To mint Brand Tokens, OST Tokens designated for minting are locked and removed from...
What is the value of OST-Test and does it change?
OST-Test is a test representation of OST cryptocurrency that tracks the public market value of OST. The value of OST-Test is updated hourly based on the public trading value of OST on Binance exchange.  OST-Test can only be used within the sand...
How long does it take to create a new Brand Token?
Token setup takes anywhere from 15-25 minutes to complete as transactions happen on the OST sidechain and the Ethereum blockchain. Developers can use this time to begin reading the development docs, exploring the APIs or inviting team members th...
How long does it take to mint new or additional tokens?
After you approve the contract to stake OST the minting process will take 10-15 minutes.
Is it possible to unstake tokens?
Unstaking OST - converting Branded Tokens back to OST - is not currently available for self-service in Platform v2.0.0. Unstaking can be done via request to the Support team: support@ost.com. This feature will be added into the platform shortly.
Why do I have to confirm twice to mint tokens?
The first confirmation approves a contract to stake on your behalf. OST intended for staking is moved to this contract. The second confirmation is a request for that contract to stake OST. So, for example, if you wish to stake OST from a hardwa...