Token Info
What is $OLE Token?
OLE is the native token that enables shared community ownership and protocol usage incentives. It will be minted by trading, lending, staking, and referring new members. The OLE token has been migrated to V2, an Omnichain Fungible Token (OFT) natively deployed on EVMs.
Where to Buy $OLE Token?
OLE V2 Contracts
Ethereum: 0x1B6e9c73beE68102d9dd4A2627f97bFf4183ab0A BNB: 0xB7E2713CF55cf4b469B5a8421Ae6Fc0ED18F1467 Arbitrum: 0x7Be5Dd337CC6cE3e474F64E2A92A566445290864
Token Markets Reference
Token Allocation
Locking the LP token of the OLE trading pair of DEX into a time-weighted escrow allows the OpenLeverage community to own and govern the protocol, share protocol revenue truly, boost earnings by usage, and build self-sustaining DEX liquidity.
The dual token system is designed to promote liquidity, protocol usage, governance, and the self-sustainability of OpenLeverage.
1,000,000,000 OLE have been minted and will be vested over five years, starting when OLE becomes transferable. The total supply of OLE is as follows:
45.00% or 450,000,000 to the DAO treasury for community incentives, including but not limited to retrospective rewards, trading, lending, xOLE holders rewards, campaigns, and marketing events;
9.60% or 96,000,000 to an ecosystem development treasury;
28.40% or 284,000,000 to past investors of the OpenLeverage Foundation;
17.00% or 170,000,000 to founders, employees, and advisors.
A maximum perpetual inflation rate of 3.00% per year will increase the supply of OLE after five years, ensuring the community has the resources to continue contributing to the protocol.
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