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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On this page
  • Table Of Distribution
  • Airdrop Distribution
  • Vesting Schedules
  1. Token and Economic Model

Token Distribution

Token Name: $OTTO

Total supply: 1 Trillion $OTTO tokens

Distribution

  • 50% - Airdrop allocated to Octopus community, NEAR community, Substrate ecosystem, Cosmos ecosystem, partner communities and DAOs, influencers and individuals

    • 17% allocated to Octopus network

    • 6% allocated to NEAR Ecosystem

    • 21% allocated to partner Community, DAOs, Influencers and individual wallets , Early partner Incubation hub and startups

    • 4% allocated to Cosmos Hub and partner Cosmos ecosystem projects

    • 2% allocated to partner EVM compatible projects

  • 20% - Allocated to Ecosystem growth

    • 15% - Dapp incentives

    • 5% - Support Ecosystem initiatives and Philanthropic initiatives

  • 15% - Allocated to Otto-chain Core team and Octopus Nation

    • 12% allocated to Core team

    • 3% allocated to Octopus Nation

  • 10% - Allocated to IDO

  • 5% - DEX Liquidity

Link to understand about Inflation of $OTTO tokens:-

Table Of Distribution

% Distribution
DISTRIBUTION SECTIONS

50%

Airdrops

20%

Ecosystem growth

15%

Octopus Nation and Ottochain Team

10%

IDO

5%

DEX Liquidity

Airdrop Distribution

AIRDROP ALLOCATED IN %
ENTITY DISTRIBUTION

17%

Octopus Network

4% to $OCT IDO Participants

4% to currently active validators and delegators

3% to 1000+ OCT token holders (Snapshot TBA)

2% to currently operating appchain token holders with atleast $30 worth (Snapshot TBA)

1% to IDO Participants of DEIP and Discovol

1% to active Octopus Nation members active since May

1% to members of Octopus DAO

1% to all holders of $OCT tokens (snapshot TBA)

6%

NEAR ECOSYSTEM

4% allocated to the NEAR Restaking participants (Details TBA)

1% for holders of more than 500 $NEAR tokens (Snapshot TBA)

0.5% for active NEAR Wallets with a minimum of 200 transactions. (Activity from September 2023 onwards)

0.5% for iamhuman verified voters

21%

COMMUNITY

9% = Given to individual wallets that participate in testnet and any form of marketing and community activities. Partner DApps, DAOs, regional communities, NEAR KOLs, supporters and builders on NEAR's BOS

5% = Qualified DApps via the Ottochain Builders Program

3% = NearOcto Legends NFT Holders

1% = KOLs and Marketing Partners as agreed by a majority of the Ottochain core team.

1% = Community partners/DAOs

1% = Early partner Incubation hubs and startups interested in building on Ottochain before launch

1% = Airdrop to Liquidity providers for some selected pairs

4%

COSMOS

2% = Future IBC partners for channelling liquidity with Cosmos Hub, Osmosis DEX etc

2% = Partner communities and projects within Cosmos ecosystem

2%

2% = Partner EVM ecosystems, Wallets and Exchanges

Vesting Schedules

17% Airdrop allocation to Octopus network

3 month

10% unlocked after cliff, remaining 90% vested for 120 months

10% Airdrop allocation to NEAR

3 month

10% unlocked after cliff, remaining 90% vested for 120 months

17% Airdrop allocation to individual marketing campaigns, Community, DAOs and influencer based Partnerships and Exchange partnerships and Early partner Incubation hubs and start-ups

3 months cliff

0 months cliff for tokens allocated to Liquidity providers on some selected pairs

0 month cliff for tokens allocated to KOLs

2 month cliff for tokens allocated to the builders Program 0 month cliff for NearOcto Legends NFT Holder

10% unlocked after cliff, remaining 90% vested for 120 months.

KOLs, 10% unlocked at start and remaining 90% vested for 6 months Builders winners, 10% unlocked after cliff, remaining 90% vested for 12 months 100% unlock 1st week after launch

4% allocation to Cosmos Ecosystem

Locked till criterias are met

2% allocation to EVM Ecosystem /Wallet Partner/ Exchange Partner

Locked till criterias are met

20% allocation to Ecosystem growth

Unlock upon community approval

15% allocation to core team, Octopus Nation

0 months

10% unlocked after cliff, remaining 90% vested for 120 months

10% allocation to IDO

1 months

100% unlock 30days after IDO ends

5% allocation to Dex Liquidity

0 months

$OCT<> $OTTO Liquidity

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Last updated 1 year ago

OTTO INFLATION OVER TIME