Tokenomics

LP Staking

  • When an LP creates an Opthy NFT, it automatically gets staked for the duration of the Opthy contract, during which they receive staking rewards in the native OPT token.

  • This way our native OPT token is locked for the duration of each Opthy contract, removing liquidity of OPT, making it more scarce, and less disposable, hence potentially placing upward price pressure on the value of OPT.

OPT Issuance and Minting

  • Initial liquidity from genesis block (20%)

  • Rest will be minted via the parameters of the OPT ERC-20 contract

    • Steps:

      1. LP creates an Opthy NFT (hence a stake has begun)

      2. For the duration of the Opthy, OPT tokens will be minted at tbd% rate to be made available to the LP who is staking.

      3. Upon Opthy expiry, the total amount of staking rewards in OPT for that particular Opthy will be transferred to the LP’s OPT contract address.

AMM

A portion of the launch time circulating supply to will be used to feed into a market maker bots which check global average prices of tokens and creates Opthys with fixed exchange rates at a small percentage lower and higher than those prices.

Launch Tokenomics

  • Token Ticker: OPT

  • Total Supply: 24,000,000,000

  • Type: Deflationary (algorithmic token burns per transaction)

  • Genesis Block: 4,800,000,000 (20% of total supply minted at launch)

  • Launch Distribution from Genesis Block:

    • Initial liquidity at launch: 20% (960,000,000 OPT)

    • Private sale: 30% (1,440,000,000 OPT)

    • Team: 15% (720,000,000 OPT)

    • Advisors: 10% (480,000,000 OPT)

    • Foundation: 5% (240,000,000 OPT)

    • Partnerships: 10% (480,000,000 OPT)

    • DAO Treasury: 10% (480,000,000 OPT)

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