OCI
Learn about Ociswap's OCI token.
$OCI Resource ID:
resource_rdx1t52pvtk5wfhltchwh3rkzls2x0r98fw9cjhpyrf3vsykhkuwrf7jg8
Utility
Holders of $OCI
tokens can participate in the platform's decision-making process by securely locking their tokens in designated OCI/XRD pools. In return, participants receive a unique $SPLASH
position that represents voting power. Click here to learn more.
Supply
The total supply of $OCI
is capped at 100 million fungible tokens. This number is fixed and cannot be altered, ensuring no additional tokens can be minted and none can be burned. For the circulating supply, see the token page.
Allocation
Allocation | Percentage | Amount (OCI) |
---|---|---|
Liquidity Incentives | 60% | 60,000,000 |
Community Incentives | 24% | 24,000,000 |
Marketing and Development | 6% | 6,000,000 |
Founder Retention | 10% | 10,000,000 |
Vesting schedule
The founder tokens will be vested, meaning they can't be accessed all at once. This is scheduled to take a couple of years and begins with a waiting period where the team gets no tokens. This waiting period is called a cliff, after which tokens gradually become available. This incremental release ensures that the team remains incentivized to contribute positively to the project over an extended duration.
Emission curves
With a 60 million OCI allocation set aside for liquidity incentives, the emission of these tokens is closely tied to the rate at which oOCI is used to claim OCI. For a deeper understanding, refer to the oOCI
emission curve.
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