Overview

This document provides the Tokenomics design framework for OEX tokens, aiming to establish a balanced, sustainable, and community-driven economic model. It's explicitly stated that OEX tokens are conceptualized as Utility Tokens, intended to serve its platform and ecosystem. The document also underscores the importance of adjusting the design plan in response to changes in cryptocurrency regulations.

1. Token Classification and Purpose

1.1 Utility Token Definition

• Utility Token:

  • Definition: Specifically designed to provide access or services within a system, rather than as an investment tool.

  • Purpose: OEX tokens are intended to offer functional services within the system, such as paying fees, participating in governance, accessing specific services, etc.

1.2 Legal Compliance and Adjustments

• Regulatory Adaptability: Given the ever-evolving cryptocurrency regulatory landscape, the Tokenomics design of OEX tokens will maintain flexibility to adapt to legal requirements globally.

• Continuous Compliance Review: Regular compliance reviews to ensure adherence to international laws and regulations.

• Transparent Communication: Transparent communication regarding any compliance-related adjustments, ensuring community understanding and support for these changes.

1.3 Distribution Plan

• Community Airdrop (20%):

  • Purpose: To reward and incentivize early community members.

  • Implementation: Phased implementation to prevent excessive market volatility.

• Early Contributors (10%):

  • Purpose: To reward early supporters.

  • Lock-up: No release in the initial two quarters, starting release from the third quarter, to ensure long-term commitment to early contributors.

  • Release: A gradual release plan over 2 years, with the tokens divided into 8 quarters, releasing 1.25% of the early contributor tokens each quarter.

• Core Team (15%):

  • Purpose: To incentivize team members in the long run.

  • Release: A linear release strategy over 3 years, with the tokens divided into 12 quarters, to reinforce the team's long-term commitment.

  • Performance Incentives: An additional performance incentive pool set up for the core team, constituting 10% of the team allocation (i.e., 1.5% of the total amount).

  • Milestone Rewards: Performance incentives to be distributed upon achieving pre-set key project milestones (e.g., user growth, product launches, partnership developments).

  • Reward Release: Performance rewards may be distributed immediately upon milestone achievement.

• OEX Foundation (25%):

  • Purpose: To support project operations, R&D, and ecosystem development.

  • Usage: Clear stipulations on the use of funds and transparency.

• Staking Rewards (30%):

  • Purpose: To incentivize network security and active participation.

  • Implementation: Dynamic adjustment of reward mechanisms to control inflation.

1.4 Special Considerations

• Transparency: All token allocations and unlocking plans will be publicly transparent, to earn community trust.

• Risk Management: Establish strategies to address market fluctuations and regulatory changes.

2. Community Airdrop Reward Logic

2.1 Reward Strategy

OpenEX will continuously refine and optimize the airdrop incentive direction in coordination with airdrop cooperative projects and ecosystem development. The early community airdrop of OEX will be based on the following core logic:

• Total User Growth: Rewarding airdrops by introducing new users.

• User Activity Growth: Rewarding daily active behaviors, such as transactions, community event participation, etc.

• Internal Value Growth: Encouraging innovation and growth in digital assets.

• External Value Growth: Rewarding the locking and integration of external system assets.

• Internal Value Liquidity: Promoting trading and liquidity.

• Value Reserve Growth: Incentivizing long-term staking and capital reserves.

2.2 Control Measures

• Airdrop Cap: Setting annual or total airdrop caps for each participating project to control inflation.

• Decreasing Mechanism: Reducing the amount of each incentive airdrop over time to encourage early participation.

3. Token Value

3.1 Value Drivers

• Systemic Scenario Increase:

• System Consumption: Ecosystem projects will design mechanisms for token consumption in specific scenarios, such as transaction fees, service charges, etc.

• Governance: Token holders will participate in project governance decisions, enhancing their involvement and influence.

• Market Scenario Increase:

  • Trading: Enhancing the token's liquidity and tradability in the market, and supporting the use of OEX as a transaction unit in various ecosystem projects.

  • Partnership Relations: Collaborating with other projects and platforms to expand the token's use cases.

3.2 Buyback and Token Burning

• System Buyback: Ecosystem projects supporting OEX Token will periodically buy back tokens from the market for ecosystem development and user incentives.

• Token Burning: Various systems will reduce circulating supply through burning mechanisms, enhancing token scarcity.

4. Risk Management and Compliance

• Risk Management Plan: Establish strategies to address market volatility and regulatory changes.

• Regulatory Compliance: Keep abreast of global cryptocurrency market regulations, ensuring the project's compliance.

5. Community Development and Ecosystem Building

• Community Incentives: Design diverse community participation and incentive plans, such as online activities, suggestion and feedback rewards, etc.

• Ecosystem Cooperation: Establish cooperative relationships with other projects and platforms to expand the token's application scenarios and user base.

• Education and Promotion: Strengthen user education and promotion, enhancing understanding of OEX token value and applications.

• Regular Assessment and Adjustment: Regularly assess the development of the community and ecosystem, adjusting strategies according to market and technological changes.

6. Ongoing Monitoring and Adjustment

• Data Monitoring: Continuously monitor the token's market performance and compliance.

• Timely Adjustments: Adjust the Tokenomics in response to changes in market and regulatory environments.

• Transparent Communication: Maintain open communication with the community, providing clear explanations and guidance on any significant adjustments.

7. Conclusion

OEX's Tokenomics design aims to ensure its tokens serve as Utility Tokens for the system. We emphasize the adaptability of the token design to ensure compliance in different global regulatory environments. Additionally, we commit to continuous monitoring and adjusting our strategies to adapt to the evolving cryptocurrency market and regulations.

As a design draft, this document may still be subject to adjustments before its official release. We welcome active participation and collaborative building from community members. Your opinions are highly valued, and you are encouraged to submit them at any time through ecosystem apps such as Agiex.