Vesting

Public — 40% | Public Treasury — 11% | ODAO Treasury — 5%

Sale — 15% | Team — 25% | Market Making — 4% |

ODAO Controlled Tokens

  • Public (40%)

Public tokens are on a dynamic emissions schedule controlled by the ODAO. ILE emissions are 8% and vest immediately to participants.

Approximately .55% have been committed to Liquidity Bond participants to date. OPTIM token emissions of closed bonds will be available soon after the token generation event and upon bond close for the remaining to-date bond emissions.

  • POL (Protocol Owned Liquidity) (11%)

3% will vest immediately to the ODAO Treasury via ILE. These tokens are allocated to the OPTIM side of OPTIM <> ADA LP position on Spectrum DEX.

The remaining 8% is reserved to pair with future 80/20 OPTIM <> ADA pool and/or other OPTIM uses for POL that the ODAO sees fit and approves

  • ODAO Treasury (5%)

Dynamic emissions based on ODAO needs, contributions, and votes on vesting.

2% of 5% Total Allocation (100,000 OPTIM) vesting at TGE.

  • Market Making (4%)

Unknown. Subject to ODAO vote

Team Controlled Tokens

  • Sale (15%)

— 8,689,524 OPTIM (8.69% Total Supply)

2 Month Cliff from Initial Liquidity Event (i.e no tokens to VCs for 2 months)

Months 3, 4 ,5, 6 — 1,000,000 OPTIM (1%) per month

Months 7 through 27 — 223,311 OPTIM (.22%) per month

— 2,190,476 OPTIM (2.19% Total Supply) *Alameda Research Tokens

2 Month Cliff from Initial Liquidity Event

10 year linear vesting after cliff

Months 3 through 123 — 18,253 OPTIM (.018%) per month

*If owner does not come forward in timely manner to claim tokens, and if an expiry date on claims can be established by legal counsel, all 2.19% of Alameda supply will be burned

  • Team (25%)

10.5% of the 25% of tokens allocated to the team have been allocated thus far.

Team earning and vesting will occur in a continuous series of tranches. Each tranche is a period of time during which the team earns tokens. The tokens from the previous tranche vest during the following earning period. Each earning and vesting period is 20 months in duration.

*There was an earning period freeze during September & October 2023 due to TGE delay. The second earning period/ first vesting period thus begins November 2023

Team Earning Period 1 — January 2022 through August 2023 (20 months)

Tokens Earned — 10.5%

Vesting — 3 month cliff (i.e vesting begins February 2024)

17 month linear (Feb 2024 through June 2025)

Team Earning Period 2 — November 2023 through June 2025 (20 months)

Tokens Earned — 6%

Vesting — 20 month linear (July 2025 through February 2027)

Team Earning Period 3 — 20 months from July 2025 through February 2027

Tokens Earned — 4%

Vesting — 20 month linear (March 2027 through October 2028)

Future team earning periods to follow with continually decreasing token allocations until 25% is met.

Last updated