OMNX Tokenomics
Complete breakdown of OMNX token distribution and burn mechanism.
OMNX Token Supply Allocation
The native and cryptographically secure fungible token of OMNYX Protocol, denoted by the ticker symbol OMNX, serves as a transferable representation of the utility functions defined in the OMNYX Protocol's code.
Total Supply: 88,888,888 OMNX
Contract Address (Arbitrum):
0x47E2975d1b081d8430A277bB662e202980ffdF5eVesting Schedule
The OMNX token distribution follows a carefully designed vesting schedule to ensure long-term alignment and sustainable growth of the protocol ecosystem.
Key Vesting Details
- •Genesis Distribution: Approximately 40% of tokens are released at genesis to bootstrap the ecosystem
- •Team Vesting: Founding team tokens vest over 2 years with gradual releases
- •Incentives: Distributed over 6+ years to maintain long-term engagement
- •Public Sale: 100% unlocked at genesis for immediate liquidity
Private Investor Phase (Presale)
The Private Investor Phase represents 6.93% of the total OMNX token supply, allocated to early supporters who participated in the presale. This phase is crucial for bootstrapping the protocol and providing initial liquidity.
Allocation: 6,168,168 OMNX (6.93%)
Allocated to early supporters who participated in the presale
OMNXp Presale Token
During the presale, participants receive OMNXp (OMNYX Presale Token), which represents their allocation of future OMNX tokens.
- •Lock Period: OMNXp tokens are locked for 1 year from the time of purchase
- •Automatic Distribution: Official OMNX tokens will be automatically dropped to holders' wallets
- •No Action Required: Holders don't need to do anything - OMNX tokens will appear in their wallet automatically
Presale Details
- •Purpose: Early funding to support protocol development and initial operations
- •Lock Period: OMNXp tokens locked for 1 year from purchase date
- •Pricing: Dynamic pricing mechanism starting from $0.01 and increasing by 10% per cycle
- •Benefits: Early access to OMNX tokens at discounted rates before public launch
Presale Structure
The presale operates through a multi-cycle mechanism designed to reward early participants:
- •Cycle-based Pricing: Price increases by 10% each cycle until reaching $1.00
- •Weekly Caps: Limited token allocation per cycle to ensure fair distribution
- •USDC Payment: Presale accepts USDC on Arbitrum network for seamless transactions
- •Token Distribution: OMNXp tokens locked for 1 year, with OMNX tokens automatically distributed to holders' wallets
The Private Investor Phase ensures that early supporters who believe in the OMNYX Protocol vision are rewarded with favorable token pricing.
Governance
OMNX token holders have the power to participate in protocol governance, shaping the future direction of OMNYX Protocol through decentralized decision-making.
Governance Rights
- •Voting Power: Each OMNX token represents one vote in governance proposals
- •Proposal Creation: Token holders can create and submit proposals for protocol changes
- •Protocol Parameters: Vote on fee structures, reward distributions, and protocol upgrades
- •Treasury Management: Decide on allocation of protocol treasury funds
Governance Process
The governance process ensures that all token holders have a voice in the protocol's evolution:
- Discussion Phase: Community discusses proposals in the forum
- Proposal Submission: Formal proposals are submitted on-chain
- Voting Period: Token holders vote over a defined timeframe
- Execution: Approved proposals are implemented by the protocol
Decentralized governance ensures that OMNYX Protocol remains community-driven and aligned with token holder interests.
Ongoing Incentives
The Ongoing Incentives represent the protocol's emissions as part of the OMNYX Trade & Earn Rewards program.
The emissions from the Ongoing Incentives will gradually decrease over time according to the monthly emissions schedule.
Claiming Process
- •OMNX tokens accrued through Trade & Earn can be claimed 3 days after the end of a given epoch
- •Any rewards that remain unclaimed for the subsequent 30 days will be returned to the Protocol Treasury
Buyback & Burn Program
After gathering feedback from the community, the announced Buyback & Stake program for the OMNYX token (OMNX) will be transitioned into a Buyback & Burn program.
Purchased OMNX will now be periodically sent to a burn address rather than being staked.
How It Works
The Buyback & Burn program aims to use a portion of retained protocol revenue from the OMNYX protocol (e.g., trading fees) to purchase OMNX on an ongoing basis. However, instead of staking the acquired OMNX, the entire amount will be sent to the burn address.
- •Revenue Source: Portion of protocol trading fees and revenue
- •Mechanism: Ongoing purchases of OMNX from the market
- •Destination: All purchased tokens sent to burn address
- •Effect: Reduces total supply, potentially increasing token value
Burn Address
All purchased OMNX tokens are sent to the following verified burn address:
0x000000000000000000000000000000000000deadView on Arbiscan: arbiscan.io/address/0x0...dead
The Buyback & Burn program creates deflationary pressure on OMNX supply, aligning with long-term value creation for token holders.
On This Page
