$OPC Tokenomic
Last updated
Last updated
The $OPC token is the fundamental element of the OpClouds ecosystem. It operates both as a utility token, a governance tool, and a profit-sharing method. It encourages engagement, streamlines activities, and empowers decision-making across the OpClouds network.
Details about $OPC Tokenomic is below.
$OPC Contract Address: 0x2A8bf9e7c91C6E3237095e07Eb3dEFBcE358dF00
Tokenomics:
a. Supply Cap: 100,000,000 $OPC.
b. Token Allocation:
Liquidity Pool: 90% - these tokens will be added to the liquidity pool from the beginning of $OPC trading activation. These tokens would be locked in liquidity instantly.
CEXs Listing: 5% - these tokens are reserve tokens for CEXs listing activities as the OpClouds ecosystem grows, and needs formal CEXs listing to reach further market participants. These tokens are locked in the first 3 months and linear vesting in a year.
Marketing Activities: 3% - OpClouds use 3% of $OPC supply for marketing campaigns such as partnerships, KOLs, giveaways, campaign prizes,...
Reserve: 2% - These tokens would be added to the development fund of OpClouds to grow the ecosystem further in the future.
Trading Tax: For trading the $OPC token, a 5% trading tax on both buying and selling transactions is applied. Unlike transfers between wallets, which are free of charge, these transactions incur a tax that would be spent on marketing, market-making, development funds further, and paying to the team.
Development Fund: 2% would be used to support the ongoing development, maintenance, and marketing-making the purpose of the OpClouds ecosystem.
Marketing Activities: 2% would be used for marketing efforts, helping to grow and promote the platform to potential users/investors.
GPU/VM expansion: 1% goes towards the fund for expanding our VMs/GPUs source, for building and improving the OpClouds ecosystem.
Revenue Sharing: A half of OpClouds's revenue from GPU/VM Rental, Mining, and AI Training would be distributed to $OPC stakeholders, providing the upside of the business with $OPC holders through the staking function. Another half will go to the project treasury for further development. Read more here.
Auto-Burn Mechanism: By implementing the Buyback and Burn program, OpClouds aims to increase demand for $OPC, and bootstrap the OpClouds economy around this token. Read more here.
