From 6a6731139b023bacabc30c00ff9a0a8e7911a776 Mon Sep 17 00:00:00 2001 From: Joseph Schiarizzi <9449596+cupOJoseph@users.noreply.github.com> Date: Mon, 15 Jan 2024 23:18:19 -0500 Subject: [PATCH] add table --- docs/Tokenomics.mdx | 51 +++++++++++++-------------------------------- 1 file changed, 14 insertions(+), 37 deletions(-) diff --git a/docs/Tokenomics.mdx b/docs/Tokenomics.mdx index 7f87c307..d6cbc3e1 100644 --- a/docs/Tokenomics.mdx +++ b/docs/Tokenomics.mdx @@ -2,47 +2,24 @@ title: Tokenomics --- -### 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. 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 |