Initial Supply and Emissions Schedule

Breakdown of initial supply and token inflation

Initial Supply

Category
%
Allocation
Vesting

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.

Emissions

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.

Rebase & Anti-Dilution Mechanism

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.

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