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Tokenomics

DBOE is a member-owned platform. It issued a fixed supply of 250M standard ERC20 tokens.

Token Details

Network
Binance Smart Chain (BNB Chain)
Date of issurance
21 August, 2022
Total supply
250,000,000
Max supply
250,000,000
DBOE token address
https://bscscan.com/token/0xa5ba8b84dca8ba5976ae780c852c7b8485be87c7

Key features

A fixed supply of 250,000,000 tokens were issued on Binance Smart Chain. Once the platform is fully operational, the tokens will have the following features:

I) Membership Benefits

Token holders benefit from trading fee discounts and concessions on exchange in proportion to their tokenholding. There are four member categories for significant token holders:
  • Core Member (holding > 1M DBOE)
  • Gold Member (holding > 500K DBOE)
  • Member (holding > 100K DBOE)
  • Associate Member (holding > 10K DBOE)

II) Governance Voting

All token holders are eligible to vote on key decision-making alongside DBOE Board.

III) Stake to Earn

Token holders may elect to stake their tokens to perform the settlement price validation upon option expiry (weekly) in return for payment in USD Stablecoins.

Proposed Token Issuance

Proposed Locking and Vesting

Holder category
Locking period
Vesting
Founding
2y
5y
Seed investor
2y
5y
Advisors
2y
5y
Financial Investors
18m
5y
Executive Team
2y
5y
Strategic Partners
18m
5y
Private Token Sale
9m
12m
Public Token Sale
3m
12m
Marketing & Development
N.A
N.A
Ecosystem Investment
N.A
N.A
Community
N.A
N.A
*As of Jul '23
*N.A: Not applicable
*Tentative and subject to further change