Initial Supply and Emissions Schedule
Breakdown of initial supply and token inflation
Last updated
Breakdown of initial supply and token inflation
Last updated
| 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. |
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.
