FTMO Tokenomics

Hello, today we’ve got a quick post running down the tokenomics for the Fantom Oasis platform’s $FTMO token.

The distribution of FTMO tokens has been designed to help bootstrap Fantom Oasis as efficiently and with as much care as possible, while rewarding early investors in the platform for the inherent risks of seeding a project early in launch.

TOTAL: 100 million (100,000,000) tokens, hard-capped during the initial Token Generation Event.

SEED: 10 million (10,000,000) total, offered at $.02/token. Targeted towards early contributors and investors in the platform, with 10% of tokens unlocked on launch. The remaining 90% will experience 12 weekly linear unlocks beginning 60 days after launch. Any unsold tokens from this phase will be burned.

STRATEGIC: 5 million (5,000,000) total, offered at $.03/token. Targeted towards early-stage advisors and marketers, with 30% unlocked on launch. The remaining 70% will experience 12 weekly linear unlocks beginning 60 days after launch.

PRIVATE: 10 million (10,000,000) total, offered at $.04/token. Targeted again for interested members of the Fantom community, with 15% unlock at launch. The remaining 85% will experience 12 weekly linear unlocks beginning 60 days after launch.

PUBLIC: 1 million (1,000,000) total, offered at $.05/token. None of these tokens are locked. This sale will be done in Fantom.

INITIAL LIQUIDITY: 6 million (6,000,000). Once proceeds from the sales are acquired, FTM/FTMO liquidity pools will be launched. These pools will then be expanded to cross-chain liquidity pools on Ethereum as the Ren bridge goes live.

STAKING/LIQUIDITY MINING: 50 million (50,000,000). For the first 60 days following the public sale, a dual FTMO staking and liquidity mining program will begin. Investors will have the option to either stake LP tokens from the aforementioned liquidity pools for 1000% APR, or just stake FTMO tokens for 750% APR. Existing holders may stake at any time during this period, but any staked tokens will be locked for two weeks. The goal here is to significantly reward early investors and contributors to the project. All non-awarded staking tokens at the end of the period will be used solely for liquidity mining on Opera network FTMO liquidity pools.

ECOSYSTEM: 13 million (13,000,000). This is an extra reserve for grants, bug fixes, rewards for future unforeseen contributors, etc. Unused tokens will be burned after six months.

TEAM: 5 million (5,000,000). These are tokens allocated to the core team, 1% unlocked at launch for liquidity as a precautionary fund. The remainder are locked for 6 months.

Any additional questions, please reach out to us on Telegram or via Twitter.