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  • PROTOCOL OVERVIEW
    • ๐Ÿ‘‹Welcome to H2O
    • ๐Ÿ› ๏ธWhat can I do with H2O?
    • ๐ŸŒ…Who is behind H2O?
    • ๐Ÿ”ฑPOSEIDON Mechanics
    • ๐Ÿ”ฑ$PSDN Emissions
    • ๐Ÿ”ฑpsdnOCEAN: veOCEAN Liquid Staking
    • ๐Ÿ•Š๏ธGovernance Minimization Guide
    • ๐Ÿช™Tokenomics
    • โ“FAQ
    • โ”FAQ: psdnOCEAN
    • ๐Ÿ› ๏ธHow TO Guide : psdnOCEAN Staking
    • ๐ŸŽˆAirdrop FAQ
      • ๐ŸAirdrop Claim Process
    • ๐Ÿ’ปAudits
  • Contributors
    • ๐Ÿ‘จโ€๐Ÿ‘ฉโ€๐Ÿ‘งโ€๐Ÿ‘ฆJoin the Community
  • Risk
    • ๐Ÿ‘พGEB Risks
    • โš“PID Failure Modes & Responses
  • INCENTIVES
    • โฉMint + LP Incentives Program
    • โ›๏ธPOSEIDON Staking
  • CONTRACT VARIABLES TRANSLATION
    • ๐Ÿ”ตCore Contracts Naming Transition
    • ๐Ÿ”ดGovernance Contracts Naming Transition
    • ๐ŸŸกSAFE Management Contract Naming Transition
  • SYSTEM CONTRACTS
    • ๐ŸฆพCore Module
      • SAFE Engine
      • Liquidation Engine
      • Accounting Engine
    • ๐ŸŽAuction Module
      • English Collateral Auction House
      • Fixed Discount Collateral Auction House
      • Increasing Discount Collateral Auction House
      • Debt Auction House
      • Surplus Auction House
    • ๐Ÿ—๏ธOracle Module
      • Oracle Relayer
      • Medianizer
  • LICENSE
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  1. PROTOCOL OVERVIEW

Tokenomics

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Last updated 3 years ago

All H2O will be minted as the result of OCEAN being put into SAFEs as collateral in order to borrow H2O from the system.

Total Supply: 1,000,000 $PSDN

POSEIDON will be initially distributed as follows:

  • 25% of the total supply will be allocated to the H2O protocol treasury for contributor compensation, treasury raises and swaps.

  • 15% of the total supply will be distributed to New Order DAO, who are a permissionless incubator that built H2O.

  • 4% of the total supply will be Airdropped to New Order stakers as part of bootstrapping H2O activity via distribution to ecosystem members.

  • 5% will be sold to investors to fund runway and operations, who are subject to a 6 month cliff (10% unlock) then a linear vest over 2 years.

  • 4% of the total supply will be airdropped to Ocean Snapshot voters to incentivize H2O protocol use and distribute governance to ecosystem members.

  • 3% of the total supply will be allocated to the Ocean DAO treasury.

  • 10% of the supply will be distributed to the core team that founded the protocol and will lead operations. These tokens will be subject to a 1-year cliff (10% unlock) then a linear vest over 3 years.

  • 7% of the total supply will be allocated as Reflexer community rewards, further distributing governance among ecosystem members.

  • 15% will be allocated as liquidity mining rewards.

  • 12% will be distributed to Ocean protocol data farmers as liquidity incentives.

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