What is the maximum amount of OLAS that can be minted by the protocol over time?
A maximum of 1bn OLAS tokens can be minted in the protocol's first 10 years.
After year 9, an additional 2% can be minted each year. This 2% inflation rate can be reduced by the DAO.
What are newly minted tokens used for right now?
Tokens are distributed to developers, stakers and bonders each epoch. Epochs run roughly once a month.
DAO members can vote to update how newly minted tokens are distributed.
OLAS provides access to the core functions of the network.
Code, bond, operate and lock OLAS to contribute to shaping the network.
Network | Get OLAS | Token Address | Bridge from Ethereum to Network |
---|---|---|---|
Ethereum | Uniswap ↗ | 0x0001A...45CB0 ↗ | n/a |
Gnosis | Balancer ↗ | 0xcE11e...79d9f ↗ | Omnibridge ↗ |
Polygon POS | Balancer ↗ | 0xFEF5d...F2F95 ↗ | Polygon Portal ↗ |
Arbitrum | Balancer ↗ | 0x064f8...c81c1 ↗ | Arbitrum Bridge ↗ |
Solana | Orca ↗ | Ez3nzG9...BZPyM ↗ | Wormhole: Portal Token Bridge ↗ |
Optimism | Balancer ↗ | 0xFC2E6...FE527 ↗ | Optimism Bridge ↗ |
Base | Balancer ↗ | 0x54330...53416 ↗ | Base Bridge ↗ |