This is a utility token backed by the OceanEx interchange, it is listed in addition to this in Bitrue. The main utility is to keep stored within the exchange to receive benefits, discounts on transactions made within the exchange since you obtain membership according to the amount you have in hold.
An important aspect that the circulating amount will be reduced to 7 billion every three months.
To change membership you need to have a large amount of tokens, however you do not have good services to invest such large amounts of money.
In general, this token depends 100% on the exchange and its sustainability depends on the users that keep it in hold.