Berachain Ecological Project Ooga Booga announces token economy model, with 10% allocated for airdrops

星球日报|Apr 01, 2025 01:38
Odaily Planet Daily News: Berachain's ecological liquidity aggregator Ooga Booga has announced its token economy model, which is as follows: team allocation: 18%, lock up for 6 months, and then unlock linearly for the next 24 months;
Consultant allocation: 1.35%, locked for 6 months, then linearly unlocked for the next 24 months;
Capital allocation: 19.15%, no lock up, linear unlocking for 24 months;
Community incentive allocation: 20%, unlocked 100% during TGE;
Ecosystem allocation: 30%, unlocked 100% during TGE;
Community public sales distribution: 1.5%, 100% unlocked during TGE;
Airdrop allocation: 10%, unlocked 100% during TGE.
In addition, Ooga Booga also announced that it will conduct two rounds of public sales of FDVs for $30 million.
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