Tokenomics
Tokenomics
Total supply: 1,000,000
Distribution:
| Allocation | Number of tokens | Description |
|---|---|---|
Liquidity | 800k | Placed with 3 ETH in a pair on Uniswap; LP tokens locked away for 6 months. |
Core Team | 60K | The 6 Core Team members each have a 1% TS allocation, locked away for 6 months. This allocation was sold for 0.03 ETH/OIT |
Marketing | 60k | 6% of the TS is distributed amongst 20 KOLs by to incentivize successful promotion of the fair launch. |
Vault | 80k | A portion of tokens is locked in a vault and reserved for Airdrops and bounties. Released linearly over 1 year, from 1 month after launch. Distributed manually and at random intervals. |
List price: 0.00000375 ETH/OIT
Buy/Sell Tax
There is a 5% fee on buys and sells of OIT. Transfers are not taxed. The 5% fee is allocated as follows:
2%
Development
Used to fund the development of the VRFD web dApp.
1%
Marketing
Used to fund the advertisement of Open Info Token.
1%
Liquidity
Added to the DEX liquidity with the LP tokens burned.
1%
Operations
Funds the operations conducted by the Open Info Core Team.
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