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Tokenomics
What's the breakdown of raised mint funds? Where are we planning to allocate them?
Category | % |
|---|---|
Community Management | 2 |
Growth | 48 |
Marketing | 10 |
Treasury | 10 |
Team | 30 |
OLAF Mint Funds Breakdown @ 2023
All of us like numbers, but it is even better when there is a clear description of the token's utility.
Total token supply - 85000000 $OLAF
- Covering shipping expenses
- Discounts on fashion marketplace
- Discounts on "Create-2-Earn" platform
- Purchase clothing of established web2 & web3 fashion brands
- Customize clothing with owned NFT(s)
- Exchange NFT traits (p2p)
- Raffles of reputable NFTs
- Raffles of OGs and WLs
- Access to alpha DAOs
- Purchase raid services
- Discounted minting of JORN & SVEN collections
- Breeding (OLAF, JORN, SVEN)
- Mutation
Let's dive into staking.
Baseline number of tokens earned per day = 2
Lock-Up Period (Number of Days) | Multiplier |
|---|---|
Unlocked | 1x |
15 | 3x |
30 | 9x |
60 | 20x |
In the table below you can find the information about the potential earnings from staking and the overall longevity of our token taking into account each case scenario (different lock-up periods and all NFTs being staked).
OLAF team reserves the right to implement token generation halving.
Lock-Up Period (Number of Days) | Daily Earned $OLAF Tokens per NFT | Number of Staked NFTs | Number of Claimed $OLAF Tokens in 30 Days | Remaining $OLAF Tokens in LP |
|---|---|---|---|---|
Unlocked | 2 | 5555 | 333300 | 169666700 |
15 | 6 | 5555 | 999900 | 126500100 |
30 | 18 | 5555 | 2999700 | 99000300 |
60 | 40 | 5555 | 6666000 | 27334000 |
Simply staking NFTs can be boring. We get it.
Let's do some gamification.
Level | Days to Stake | Prize |
|---|---|---|
1 | 3 | 14 $OLAF tokens |
2 | 7 | Metadata of NFT(s) gets updated. Access to the Raid-2-Earn tool is granted based on the updated metadata |
3 | 7 | 14 $OLAF tokens |
4 | 7 | 14 $OLAF tokens |
5 | 7 | 14 $OLAF tokens |
6 | 7 | 14 $OLAF tokens |
7 | 7 | Metadata of NFT(s) gets updated. Access to the raffle system is granted based on the updated metadata |
8 | 7 | 14 $OLAF tokens |
9 | 7 | 14 $OLAF tokens |
10 | 7 | Guaranteed ICO seed round spot |
11 | 7 | 14 $OLAF tokens |
12 | 7 | 14 $OLAF tokens |
13 | 7 | 14 $OLAF tokens |
14 | 7 | 14 $OLAF tokens |
15 | 7 | 14 $OLAF tokens |
16 | 7 | 14 $OLAF tokens |
17 | 7 | 14 $OLAF tokens |
18 | 7 | 14 $OLAF tokens |
19 | 7 | Custom clothing design (first 100 users to reach level 19) |
20 | 22 | 75% discount on JORN mint |
21 | 22 | 75% discount on SVEN mint |
22 | 30 | Mutation potion airdrop |
23 | 37 | Mutation unlocked |
Total days staked – 240
Total months staked – 8
Total $OLAF tokens claimed – 196
Total number of tokens claimed without multiplier for 5555 NFTs – 1088780
In the beginning, a simple noncustodial staking system will be implemented for holders to passively earn $OLAF. The upgrade to the gamified staking system will take place post mint as the team expands and both the fashion marketplace/Create-2-Earn platform are fully launched.
Last modified 28d ago