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add table
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cupOJoseph authored Jan 16, 2024
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title: Tokenomics
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### Tokenomics
## Tokenomics

Platform fees and revenue
### Platform fees and revenue

50% of the fees from the Open Dollar protocol are used to purchase ODG at auction. Of the ODG purchased, 50% will be allocated to the treasury and 50% will be burned.
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.

<img src="./img/Platform fees and revenue.png" alt="Platform fees and revenue" />

### **Cap Table + Vesting Details**

Early Backers

* 13%
* 1 year cliff - 24 mo daily vesting

Team

* 24%
* 1 year cliff - 24 mo daily vesting

Community Rewards

* 30%
* 3 month cliff - 21 month daily vesting

Genesis airdrop

* 3%
* No vesting

DAO Treasury

* 15%
* 1 month cliff - 35 month daily vesting

Liquidity

* 5%
* No vesting

Reserve

* 10%
* No vesting
| 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 |

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