Tokenomics
Last updated
Last updated
The DeFi mining allocation is 47% of the total supply. These funds will be used for staking rewards, liquidity mining and other activities. There will be 300000 tokens to be released everyday and Every 90 Days it will be increment by 30000 from DeFi mining allocation. It is expected to burn 27% of the DeFi mining supply with different burning mechanisms. The vesting period of this allocation is 1566 days.
The public sale allocation is 21% of the total supply which directly goes to the community at the time of sale with releasing 150000 daily.
Oxyo2 founders are allocated 18% of the supply with vesting period of more than 25 years with 6 Lac KRPZA token every month along with 3 smart contracts.
The vesting for ecosystem development is set as product wise. Each product is released following the unlocking of 13,50,000 tokens from the development fund with multisig smart contract.
3% of the supply is allocated for private & strategic sale. The vesting period for this allocation is 2 years. For example; if 10 Lac tokens are sold, it will be locked for 3 months and later released on a monthly or weekly basis according to investors' proposals.
The 1% of the supply is allocated for airdrop & bounty distribution with releasing 80,000 KRPZA tokens monthly and all the tokens shall be released in more than 10 years of vesting period.
1% of the supply is for team, advisory members and partners with vesting period of more than 10 years with releasing 80,000 tokens every month.
The Save Nature Foundation is allocated 1% of the supply which will be used for non-profit organization. Under this allocation 5,00,000 tokens will be released every year for risk management & agency working for water pollution avoidance from lakes, rivers, oceans, aquifers, reservoirs and groundwater.
Right now there is more need for oxygen in medical facilities and industries working for the product such as oxygen concentrators. Oxyo2 directly helps these concentrator production units with offering research and financial help. Oxygen concentrator is a device which concentrates the oxygen from the atmosphere or filters the oxygen. Oxygen filtered by a concentrator is not 100% pure but it may be helpful for some patients.
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