Tokenomics
Tokenomics
Platform fees and revenue
50% of the fees from the Open Dollar protocol go directly to the DAO controlled treasury. The other 50% are used to purchase ODG at auction, continually acruing value to the ODG token. Of the ODG purchased, 50% will be allocated to the treasury for use in grants, incentives, and community distributions, while 50% will be burned forever.
Cap Table + Vesting Details
| Category | Initial Percent | Lockup |
|---|---|---|
| DAO Treasury | 33.5% | None |
| Community Airdrop #1 | 3% | None |
| Future Community Distributions | 7% | DAO Controlled |
| OpenFi Foundation | 10% | Minimum 1 year lock + 36 months vesting |
| Core Team | 29.66% | Minimum 1 year lock + 24 months vesting |
| Initial Team Provided Liquidity | 0.33% | None (Provided as Liquidity) |
| Future Team | 1.66% | Minimum 1 year lock + 24 months vesting |
| Core Advisors | 1.33% | Minimum 1 year lock + 24 months vesting |
| Investors | 13.5% | Minimum 1 year 20% cliff + 18 months vesting |