And the initial circulating supply ?

Question

Origin Protocol

Fernando Muñoz

And the initial circulating supply ?

#cryptocurrency #english #origin

0

04.07.2022

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Pump

Around 1B but the team will lock 30%

0

04.07.2022

Farid | Origin Protocol · Accepted Answer

"1 billion OGV will be distributed to OGN holders along with the rewards for the prelaunch liquidity mining campaign participants on July 12. The total supply of OGV on July 12 will be 4 billion, with the vast majority being locked for 1 to 4 years. The only other exception is 125M OGV which will be immediately available for the DAO to support the launch with initial liquidity provision and market-making efforts on centralized exchanges and DEXes. The remaining 2.825 billion OGV will be vote locked for up to 4 years. Having a gradual release schedule will help ensure a smooth launch and protect OGV performance. Team tokens will be locked at launch and unlock annually over 4 years just like the retroactive rewards to OUSD holders. Similarly, the remainder of the DAO holdings will unlock gradually over time 4 years to fund liquidity mining campaigns, liquidity provisioning, partnerships with exchanges and DeFi protocols, future contributors and open-source developers, new projects building on top of OUSD, long-term incentive programs, and other initiatives that are voted in by the community. We anticipate that the circulating supply at launch will be 1 billion OGV or less."

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And the initial circulating supply ?

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