Initial Supply and Emissions Schedule
Breakdown of initial supply and token inflation
Last updated
Breakdown of initial supply and token inflation
Last updated
Protocol Activations
4%
4,000,000
Permanently locked veOCX
Community Airdrop
50%
50,000,000
Max locked veOCX (2 years lock)
Early Adopters
9%
9,000,000
50% oOCX, 50% veOCX (2 years lock)
Ecosystem
3%
3,000,000
100% at TGE
Initial Liquidity
2%
2,000,000
100% at TGE
DAO Treasury
20%
20,000,000
Permanently locked veOCX
Marketing
2%
2,000,000
100% at TGE
Advisors
1%
1,000,000
Max locked veOCX (2 years lock)
Pre-Seed
3.8%
3,800,000
Distributed as veOCX: 30% after 6 months, 30% after 12 months, and 40% after 24 months.
Strategic
3.2%
3,200,000
10% at TGE, 10% as veOCX after 6 months, and 80% as veOCX after 24 months.
Public Sale
2%
2,000,000
25% at TGE, then 25% locked in veOCX for 6, 12, and 24 months.
The initial supply of OCX is 100M, with 85M distributed as vote-locked (veOCX) tokens.
Emissions specifications
Weekly emissions (at inception): 5,000,000 OCX
Weekly emissions decay: 1%
Weekly developer wallet allocation: 4%
Weekly veOCX rebases: Starts capped at 52% then the cap is reduced by 1% every week for 52 weeks until it reaches 0%
Emissions for liquidity providers: starts at 44% and grows up to 96% in the a period of 52 weeks.
veOCX holders receive rebases proportional to OCX emissions and their voting power. Ocelex combines an anti-dilution rebase mechanism with a vote-lock model, offering protection against dilution for veOCX holders.
The system starts with a 52% anti-dilution cap, decreasing by 1% per week over a year. Rebases are tied to veOCX voting power, meaning the longer you lock, the more rebases you earn, incentivizing long-term participation and ensuring fair distribution over time.
