The De-Rug Vault

The De-Rug Vault plays a crucial role in the $OGS tokenomics, creating a sustainable ecosystem and driving long-term value.

5% Fee on Successful SMACs: A 5% fee is charged on the total SOL raised in each successful SMAC. This fee is collected upon the completion of the funding phase.

2% of SMAC Fee: 2% of the 5% fee collected from each SMAC is allocated to the De-Rug Vault.
Other Revenue Streams: As the platform develops, other revenue streams (e.g., premium features, partnerships) may also contribute to the De-Rug Vault.

$OGS Buybacks: A significant portion of the De-Rug Vault's funds will be used to buy back $OGS tokens from the open market. This creates buying pressure, supports the token's price, and reduces the circulating supply. The buyback mechanism can be automated and partially hidden to minimize market manipulation.
Treasury: The remaining funds in the De-Rug Vault act as a treasury, controlled by the community through governance. These funds can be used for:
- Ecosystem Development: Funding new features, tools, and integrations that enhance the OG.fun platform.
- Community Initiatives: Supporting community-driven projects, marketing campaigns, and other initiatives that benefit the ecosystem.
- Grants: Providing grants to developers, researchers, or community members who contribute to the platform's growth.
- Token Burns: A portion of the treasury funds could be used for periodic token burns, further reducing the circulating supply and potentially increasing scarcity.

Last updated 3 months ago

The De-Rug Vault plays a crucial role in the $OGS tokenomics, creating a sustainable ecosystem and driving long-term value.

5% Fee on Successful SMACs: A 5% fee is charged on the total SOL raised in each successful SMAC. This fee is collected upon the completion of the funding phase.

2% of SMAC Fee: 2% of the 5% fee collected from each SMAC is allocated to the De-Rug Vault.
Other Revenue Streams: As the platform develops, other revenue streams (e.g., premium features, partnerships) may also contribute to the De-Rug Vault.

$OGS Buybacks: A significant portion of the De-Rug Vault's funds will be used to buy back $OGS tokens from the open market. This creates buying pressure, supports the token's price, and reduces the circulating supply. The buyback mechanism can be automated and partially hidden to minimize market manipulation.
Treasury: The remaining funds in the De-Rug Vault act as a treasury, controlled by the community through governance. These funds can be used for:
- Ecosystem Development: Funding new features, tools, and integrations that enhance the OG.fun platform.
- Community Initiatives: Supporting community-driven projects, marketing campaigns, and other initiatives that benefit the ecosystem.
- Grants: Providing grants to developers, researchers, or community members who contribute to the platform's growth.
- Token Burns: A portion of the treasury funds could be used for periodic token burns, further reducing the circulating supply and potentially increasing scarcity.

Last updated 3 months ago