Tokenomics
Hand-crafted dual-token economics.
OpenPad employs a dual-token economic model: OPN and OCT. Each token has its own utility and functionality in the ecosystem. OPN is similar to other Launchpad tokens. However, OCT is like an in-protocol stablecoin (it's not a stablecoin), representing 1 $USDT only usable in platform investments.
- OPN: OPN token is used for accessing IDOs and accumulating allocations. The allocation policy promotes long-term token growth, and the more and longer you stake OPN, the larger the allocation will be. $1 worth of staked OPNs will provide a 100% guaranteed allocation for retail investors.
- OCT: OpenPad Credit Token (OCT) is a premium soulbond token that represents 1 USDT, only usable in investment deposits. For example, 5 OCT have direct and guaranteed access to invest $5 worth of tokens.
Last modified 3mo ago