Open Sesame stands out in this field through its unique approach to handling transaction fees. Every exchange on the platform incurs a 1% fee, which is then used to buy and burn the native Open Sesame token (OPS). This unique mechanism helps maintain and potentially increase the tokens value over time.
The native Open Sesame token, OPS, is built on the ERC20 token standard. The value of OPS is directly influenced by the platforms trading volume, with 1% of each trade used for token buyback and burn.