Distribution & Emissions

Observations

Some of the core crypto based OODLZ competitors are Lolli & StormX, with the second that offers staking rewards with different tiers based on how many $STMX tokens are locked into the staking contract. The comparison with StormX is more suitable than Lolli since it provides a similar business model leveraging its token as a reward.

The APY for StormX staking ranges depending on the membership level (tiers) that is divided into. E.G. level 1 (# x STMX) - 1.25x cashback, level 1 (# x STMX) - 1.5x cashback, and so forth.

Other protocol’s demand drivers are:

  • Token-based lotteries/competitions

  • Referral bonus

  • Governance rights through another token ($ATH)

  • Debit card

According to the official whitepaper, below is the initial $STMX distribution (10B = TOTAL SUPPLY):

  • 25% to the company and founding team members.

  • 23,26% locked in platform utilisation and support.

  • 41,74% was distributed among several crowd sale events.

  • 10% was distributed among users.

OODLZ main objectives can be summarised as follows:

  • Use its token to fund the project.

  • Leverage a staking mechanism to incentivize users by aiming at minimising token withdrawals.

  • Optimise token allocation and vesting schedules.

  • Balance token supply and demand dynamics not to generate high token selling pressure.

  • Use gamifications as a reward user method.

The first approximation of the token distribution and vesting schedule is as follows:

So, according to this distribution, some categories are subject to a custom monthly vesting period, and 232.5M of total supply would be issued at TGE, leading to a MarketCap/Fully Diluted MarketCap ratio of 23.25%. This means that approx. 76% of the total supply will be released over the following years.

Furthermore, we can observe an exponential issuance trend throughout the first year. In contrast, the second year shows a decreasing slope emission. The curve changes into a logarithmic shape until the total supply is fully emitted by half of the third year.

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