Skip to content

Tokenomics

Purpose

The native asset of the network OLLO carries a variety of use cases within the platform and network. These include:

  • Securing the OLLO proof-of-stake network
  • Key to OLLO's on-chain governance
  • Transaction fees (gas) for all interoperable smart contracts deployed in the ecosystem
  • Collateral in offered smart contract use-cases

Supply

OLLO has a 500 million max token supply. Our team has come up with a unique emission model, where the supply decreases by 1/10 until the max supply is reached.

100 million OLLO will be produced the first year, decreasing the supply by 1/10, 90 million will be produced the second year, and so on. Thus creating a fully diluted market cap by the beginning of year 6 with the per block emission dependent on chain technical design.

Breakdown

OLLO will be distributed by these guidelines:

  • Genesis - 100,000,000 OLLO
  • 1st yr - 100,000,000 OLLO
  • 2nd yr - 90,000,000 OLLO
  • 3rd yr - 80,000,000 OLLO
  • 4th yr - 70,000,000 OLLO
  • 5th yr - 60,000,000 OLLO
💡

Note: subject to change for the benefit of OLLO Tokenomics with the exception of Team %

Genesis Distribution

Breakdown

  • 30% - Airdrop
  • 20% - Community Pool
  • 20% - Strategic Reserve
  • 15% - Development Incubator
  • 11.5% - Mission Crontrol (Team)
  • 2.5% - Seed Pools
  • 1% - Advisors

Locks, Vesting, & Multi-sig

  • Team allocations are locked with an 4 year vesting distribution.
  • The Remaining Wisedrop Airdrop allocation supply will be split & transferred to the OLLO Community Pool & the Strategic Reserve at the close of the designated end of event.
  • The Strategic Reserve, Seed Pools & any unused Advisor distributions will be stored in a multisig wallet managed by OLLO's core team.
  • The Developer Fund will be stored in a multisig managed by OLLO's core team.

Emissions

Breakdown

  • 38% - Liquidity Rewards
  • 31% - Staking Rewards
  • 15% - Developer Fund
  • 4% - Lending Rewards
  • 5% - Community Pool
  • 5% - Strategic Reserves
  • 1.5% - Station Vault
  • .5% - Validators

Locks & Vesting

  • Developers emissions are locked & vested over an 4 year timeframe.
  • The sustainability vault will remain locked until an appropriate volume has accumulated & daily generation has reached a sustainable level in order to begin distributing rewards (Sustainability vault has 2 locks that must be satisfied to unlock & begin distribution).
  • liquidity level required: 10% of yearly emissions = 10M OLLO Stored
  • Generation per yr level required: 10% x2 = 20% = 20M OLLO per yr generated