What is the token economics model of Oasys (OAS)?

Oasys' phased token release schedule aims to foster a healthy tokenomics balance by allocating a significant portion to early adopters while gradually distributing the rest over six years to support ecosystem growth.

Dec 20, 2024 at 08:34 am

Key Points:

• Oasys is a Japanese layer-1 blockchain designed for gaming and entertainment.
• OAS is the native token of Oasys, used for governance, staking, and powering transactions.
• The OAS tokenomics model aims to balance supply and demand, with a capped maximum supply and a phased release schedule.
• Token distribution focuses on incentivizing early adopters, rewarding community members, and supporting the ecosystem.

Tokenomics Model:

1. Token Supply and Distribution:

• The total supply of OAS is capped at 10 billion tokens.
• 25% of the total supply is allocated to the Oasys foundation for ecosystem development and community support.
• 15% is distributed to strategic investors and partners in private sales.
• 15% is set aside for seed round investors.
• 35% is allocated to public sales and community incentives.

2. Token Allocation and Utility:

• Governance: OAS holders can participate in governance voting on proposals related to the blockchain's development and ecosystem.
• Staking: Users can stake OAS tokens to earn rewards and power the network's security through the Proof-of-Stake (PoS) consensus mechanism.
• Transactions: OAS is used to pay for transaction fees on the Oasys blockchain.
• Ecosystem Development: OAS is utilized to fund ecosystem initiatives, such as developer grants and gaming partnerships.
• Community Incentives: OAS rewards community contributions, such as participating in bug bounty programs and contributing to the ecosystem's development.

3. Token Release Schedule:

• 20% of the total supply was released during the initial public sale.
• 10% was distributed linearly over the first year after launch.

• The remaining 70% undergoes a staggered release over six years, with:

  • 10% released annually for five years (50%)
  • 20% released in the sixth year

Frequently Asked Questions:

Q: Why is the OAS token supply capped?

A: A capped supply helps control inflation and ensures the value of OAS tokens remains stable over time.

Q: What are the benefits of staking OAS tokens?

A: Staking OAS provides rewards, supports network security, and contributes to ecosystem growth.

Q: How can I earn OAS rewards from community incentives?

A: Participate in community initiatives, such as bug bounty programs, contributing to the codebase, or supporting ecosystem development.

Q: What is the expected use case for OAS tokens in gaming and entertainment?

A: OAS tokens can be used to purchase in-game items, access exclusive content, or offer play-to-earn rewards to gamers.

Q: How does Oasys balance token supply and demand?

A: The phased token release schedule, coupled with a governance framework and ecosystem incentivization programs, helps maintain a healthy tokenomics balance and encourages active participation in the network.