🪙Tokenomics
Distribution Plan
$ORG is the protocol token of Ovisor. Its total supply will be 100 million. Detailed distribu- tion proportion is designed as follows:
User Incentives: 30% 30 million $ORG will be used to encourage users including investors, liquidity providers, contributors to join and engage in the Ovisor platform. The unlock is discretionary and contingent upon a number of factors that the team has identified. Any incentive unlocks will be announced.
Team and Advisors: 21% 12 months lockup, next 30 months of subsequent linear vesting.
Private Sale: 20% 10% initial unlock, 6 months lockup, next 18 months of subsequent linear vesting.
Treasury: 20% 10% initial unlock, 3 months lockup, next 36 months of subsequent linear vesting.
DAO Pass NFT airdrop: 3% 40% initial unlock, 6 months of monthly vesting.
Public Sale: 3% 40% initial unlock, 6 months of monthly vesting.
Exchange Liquidity: 3% 50% initial unlock, 3 months of cliff & subsequent vesting, 12 months of linear vesting.
$ORG Utilities
Alpha Fee: Ovisor Alpha provides users with better services including higher rebalance
frequency, professional information display, advanced wallet analysis, etc.
Commission Fee: For holding portfolios, Ovisor charges commission fee based on the investment duration when redeeming. The commission fee is settled in US dollars, while investors can choose to use $ORG to pay for it and receive a discount.
Income Sharing: Parts of the commission fee will be rewarded to $ORG holders. Holders can stake $ORG to earn US dollars and $ORG.
Governance: Important decisions will be made by the community together. $ORG holders can participate in voting.
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