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In the context of OnePlus devices, "OTP" can refer to two different concepts:
One-Time Password (OTP) for Account Security: As previously mentioned, OnePlus uses OTPs as a security measure for account verification and transactions.
OTP in Device Flashing: In the realm of device flashing and repair, "OTP" stands for "One-Time Programming." This refers to a process where certain parts of a device's firmware are programmed once and cannot be altered thereafter. This is particularly relevant when performing operations like flashing firmware in Emergency Download Mode (EDL).