Token Unlock Schedule

Info

At OtterHome, we believe in responsible and transparent token distribution. In order to ensure that our token distribution is fair and sustainable, we have established a comprehensive token unlock schedule that outlines the release of tokens to different parties over time.

IDO(30%):

All IDO tokens will be released at once after the IDO event.

Team(5%):

The team tokens will be released in 12 installments, with 8.33% of the total team allocation being released every three months after the token launch.

Institutions(10%):

Institutional tokens will be released in two installments, with the first 33.3% being released six months after the token launch, and the remaining 66.6% being released every two months in equal amounts over two releases.

Staking(10%):

The staking rewards will be released in a quarterly manner, with the first release of 50% happening after the first quarter of staking being live, followed by a release of 25% after the second quarter, and so on.

Development(15%):

The development tokens will be released based on the actual development progress and needs of the ecosystem. However, there will be a limit of 5% of the total development allocation being spent each month.

Overall, we believe that this token unlock schedule strikes the right balance between incentivizing long-term participation and ensuring that token distribution is responsible and transparent.