Native token with a limited supply of 100M and a deflationary plan through buybacks and token burns
0x3045d1A840364c3657b8Df6c6F86a4359c23472B |
|
|---|---|
| Token name | Orica |
| Token Symbol | ORI |
| Token Decimal | 18 |
| Token protocol | Binance Smart Chain (BSC) |
| Token Supply Plan | Deflationary supply of 100M ORI |
|
Rounds |
Selling price |
ORI sales |
Expected Sales value |
% of locked in token |
Vesting period For lock-up & distribution |
|
Seed sale Closed |
$0.10 |
5 Million |
$500,000 |
All locked-up |
To be distributed 1 month after TGE, in equal installments, across 1 year |
|
Presale Closed |
$0.125 |
15 Million |
$1,875,000 |
10% unlocked at TGE |
90% distribution over the next 6 months |
|
Initial NFT offering (INO) |
$0.15 |
5 Million |
$750,000 |
No lock-up |
— |
To maintain the long-term value of Orica’s token supply, there is a deflationary plan in place to take out tiny bits of the 100 Million Ori token supply, through buybacks and burn out, with 25% of the transaction fee revenue.
|
Assumed sales volume |
Cost of fees @1% transaction fee cost |
Volume burnt |
|
10,000 |
100 |
25 |
|
100,000 |
1,000 |
250 |
|
1,000,000 |
10,000 |
2,500 |
|
10,000,000 |
100,000 |
25,000 |
|
100,000,000 |
1,000,000 |
250,000 |
What this means is that from the 1% fee, 25% will be used to buy back Orica tokens and burn them out from circulation. By implication, 0.025% of every transaction cost will go out of circulation.
Also, the rate of coin burning is therefore directly proportional to the rate of a transaction, this will create a tremendous surge in coin value as more market activities reduce the token supply at the same rate.
| 2021 | 2022 | 2023 | |
|---|---|---|---|
| January | 0% | 15% | |
| February | 0% | 15% | |
| March | 0% | 15% | |
| April | 0% | ||
| May | 0% | ||
| June | 0% | ||
| July | 0% | ||
| August | 0% | ||
| September | 0% | 10% | |
| October | 0% | 15% | |
| November | 0% | 15% | |
| December | 0% | 15% |
Team |
Advisors and Partners |
|---|---|
| 1 year vesting period, distributed over 2 years, in equal installments. | 6 months vesting period, distributed over a year, in equal installments. |
