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OpenPad Utility Token (OPN)


$OPN is a native utility token of OpenPad with a limited supply of 100M and 18 decimals.

Token Utility

$OPN is an all-encompassing utility-unlocker deflationary token of OpenPad, empowering investors to
  • Access to token sales: $OPN stakers have direct access to venture capital (seed & private) and public (initial offering) investment deals.
  • Accumulate allocations: $OPN is used as a coordination token for allocation calculations, the more and longer the stake $OPN, the larger the allocation will be.
  • Access to insurance funds: $OPN stakers are eligible for fractional insurance funds for partially or completely de-risking the early-stage investments.
  • Earn $OPN yields: $OPN stakers earn auto-compounded $OPN yields.
  • Qualify for royalty: $OPN stakers qualify for seasonal $OPN royalties.
  • Qualify for airdrops: $OPN stakers who have at least once invested in a project qualify for seasonal airdrops.
  • Govern decisions: $OPN will be used to vote decisions for project selection and more in the future.
  • Trade services & goods: $OPN is used for trading OpenPad services & goods.
  • Liquidity: $OPN is used to incentivize users to provide liquidity in markets to earn trading fees.
  • Bonding: OpenPad plans to maintain the sustainability of liquidity through protocol-owned liquidity models. Bonding is selling $OPN tokens at a discount to buyers which forms the treasury and then this treasury can be deployed as liquidity directly on markets. (e.g., decentralized exchanges)

Token Allocation

Please see the full token metrics here.

Unlock Schedule

Token Metrics

  • Supply: Fixed 100M
  • Decimals: 18
  • Initial Market Cap: $525.000
  • Initial Market Cap without Liquidity: $345.000
  • Fully Diluted Valuation: $15M
  • Public Price: $0.15

Monetary Policy

$OPN is a deflationary utility token, has a fixed supply, and cannot be minted by anyone. The total unlock schedule will last 48 months with a decreasing rate of emissions, mean monthly unlock of 2%, and median monthly unlocks of 1.6%. OpenPad is fee-free for capital investment, and low-fee for yield products. $OPN adapts both controlled and real-time deflationary mechanics described below.

Fee Structures & Circulations

The following fee rates and distributions are for investors and can change to maintain sustainable economics over time.
  • Launchpad fees: The staking round is a no-fee (0%) investment for $OPN stakers but there is a 5% fee in the public round. This fee goes directly to the development address.
  • Staking fees: There are 2% entry and exit fees on the staking vault. The deducted fees will be circulated to 50% for insurance and 50% for development.
OpenPad deducts fees directly from projects. OpenPad has both token-based and cycle-agnostic fee streams, creating a long-run sustainable business model.