📈Token Issuance
Last updated
Last updated
OMLT represents the utility token of OmeletteSwap, possessing a total supply of 250,000,000. This token is issued on the OmChain platform and can be seamlessly bridged and exchanged with BSC or ETH-based assets, as well as other assets on public chains. As a result, it can be widely circulated within the financial ecosystems of various public chains. The token allocation strategy for $OMLT is illustrated below:
A) Liquidity %15 will be used for $OMLT token Liquidity and Farm incentives. %50 will be unlocked at TGE and the other %50 will be 3 months after TGE
B) Farm Incentives %19 Our DEX will have farm incentives for various LP pairs that will give extra $OMLT vesting will be linear 12 months starting from TGE.
C) Seed Round %10 Seed funding round for VCs. %10 of the tokens will be unlocked at TGE, %90 will be linearly vested for 12 months.
D) Private Round %10 Private funding round for the early community. %20 of the tokens will be unlocked at TGE, %80 will be linearly vested for 12 months.
E) Airdrop %1 Airdrop amount will be %1 of the total supply. %50 of the tokens will be unlocked after TGE and remaining %50 will be 3 months later from the first drop. (Details for the airdrop will be announced separately.)
F) Marketing %10 Will be used for marketing purposes, 12 month linear vesting.
G) Treasury %20 Treasury will be used for all platform expenses rather than marketing. Like audit reports, server expenses, etc. %20 will be unlocked at TGE and remaining will be 12 month linear vesting.
H) Team %15 Team tokens includes the team and advisors. Team tokens will be locked for 6 months after TGE. (no unlocks at TGE) Then there will be a 12 month linear vesting