Updated: 12/10/2021 — locking period increase & tokenomics
Updated: 12/06/2021 — locking period
💰 Total supply: 10,000,000
💸 Circulating supply — at public listing: TBD
5 years lock will be done using UniCrypt locker. It allows Omnia DeFi to retrieve a proportional amount on a daily basis.
The more funds there are released, the higher the amount allowed to sold on a daily basis will be (0.1% of circulating supply per day per address).
👨👩👧👦 Core team: 1,500,000 — locked for 5 years
👨💻 Development: 1,725,000 — locked for 5 years
🚀 Marketing: 1,000,000 — locked for 5 years
🌕 [Burn] Moon vault: 1,000,000 — locked for 5 years
🕵️♀️ Advisors & giveaway: 330,000 — locked for 6 months
👉 Bootstrap funding: 300,000 — funds are being used for marketing and initial Pancakeswap (PCS) liquidity
👉 R1 & R2 presales: 165,000 — 3%/day for R1, 5%/day for R2. Around 150,000 tokens will be burnt at deployment
💱 Exchanges listing & whitelisting: 780,000 — 6 months vesting period for whitelisting pre-orders
👩🚀 Ambassador program: 1,000,000 —locked for 5 years
👨🌾 Farming: 2,200,000 — deposited in farming contracts
Core Team Vesting Schedule: Why So?
Releasing core team tokens monthly will prevent the team from flooding the market.
Instead of selling a big chunk every quarter or after +6 months and badly impact the market, the Omnia DeFi team chooses to use amazing DeFi tools to have a lesser impact on $OMNIA tokens if team members were to sell their allocation.
All unsold tokens from bootstrap funding & presales will be burnt forever, on deployment.
Around 150,000 tokens will be burnt in total.
33% of LP tokens will be locked for 6 months
33% of LP tokens will be locked 12 months
33% of LP tokens will be locked for 18 months
As we see different chains, L2 solutions & cross-chain solutions emerging we need to be very flexible and proactive regarding the tools and chains we are using. That is why we need to have access to liquidity to navigate from one chain to another while furnishing liquidity to bridges.
Visit us on our website and chat with us on Telegram!
Telegram — chat: https://t.me/omnia_defi_official
Telegram — announcement: https://t.me/omnia_defi_annoucement