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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