Ottochain Documentation
  • Welcome to OTTOCHAIN's Documentation
  • Abstract
  • Introduction
  • Value Proposition
  • Why Ottochain?
    • Interoperability and Security
    • Uniqueness
    • Developer-Friendly Ecosystem
    • Vibrant Community Ecosystem
    • Community-Driven Governance
    • Tokenomics and Incentives
  • Design Principles
    • Interoperability
    • Security and Resilience
    • Scalability and Performance
    • Developer-Friendly Ecosystem
    • Community-Driven Governance
    • User-Centric Experience
    • Sustainable and Transparent Economics
    • Continuous Innovation and Upgradability
  • How Ottochain Works
    • Consensus Mechanism
    • Interoperability with Octopus Network
    • EVM Compatibility and Cosmos Compatibility
    • Cross Chain Token Transfers
    • Decentralised Governance
    • Developer-Friendly Tools and Infrastructure
    • Tokenomics and Economic Incentives
  • Ottochain Technical Details
    • Overview
    • Features of Ottochain
    • Gas Fee Model
    • Testnet Technical Details
    • Mainnet Technical Details
  • Token and Economic Model
    • Token Distribution
  • What Makes Ottochain Unique
    • Octopus 2.0 Interchain Security
    • EVM Compatibility
    • Interoperability
    • Community-Driven Governance
    • Vibrant Community Ecosystem
    • Developer-Friendly Ecosystem
    • Continuous Innovation and Upgradability
  • User Stories and Sample Scenarios
    • Community Governance
    • Developer-Friendly Ecosystem
    • Cross-Chain Token Transfers
    • Decentralised Finance (DeFi)
    • Community Incentives and Rewards
    • Interoperable NFT Marketplace
    • Decentralised Identity Management
  • Team
  • Partners
  • Socials
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  1. How Ottochain Works

Tokenomics and Economic Incentives

Ottochain implements a carefully designed tokenomics model to incentivize various stakeholders within the ecosystem. The native token, OTTO, serves as a utility token for transaction fees, staking, governance participation, and ecosystem incentives. Through mechanisms such as staking rewards, token burning, and treasury management, Ottochain promotes a sustainable and balanced economic system. Token holders are rewarded for active participation and contribution to the network, creating a vibrant and self-sustaining ecosystem.

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Last updated 1 year ago