@olivebranch.base.eth

1,000,000,000 $OBN tokens were minted on launch. 💦 40% to liquidity 🪂 30% to airdrop/bug bounty 🎁 10% to charity fund 🌱 10% to treasury 👫 10% to team vesting contract 💦 All the liquidity has been paired to ETH in a Uniswap pool. 🪂 Approximately 50% of the airdrop/bug bounty wallet has been distributed. 7,777,777 $OBN is left in the Farcaster airdrop wallet & 150,000,000 $OBN sitting in the original airdrop/bug bounty wallet. 🪂 The remaining tokens in the Farcaster wallet will be airdropped. For now, the 150,000,00 $OBN will be reserved for possible future learn/earn programs with CEXs and ongoing bug bounties. 🎁 The charity funds only purpose is to bootstrap permalock 1,000,000 $OBN tokens to each nonprofit. This is permanently staked to the nonprofits pool and acts as if it were being staked from their own wallet. So far, 10 nonprofits have been onboarded and bootstrapped. Tokens that the charity fund holds and disperses will never touch the circulating supply. They will all, at some point, start earning nonprofits $OBN. 🌱 As for the treasury funds, they will be used for two things: (1) for partnerships with those that can help push $OBN in the right direction, and (2) for burning - to curve inflation. 👫 The team’s vesting contact has a 4-month cliff, in which no tokens are dispersed. Afterwards, 5% is unlocked every month. After 2 years, all of the team’s tokens will be released.

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