💲OGLONG Runes token

In-depth Look at OGLONG Tokenomics

The OGLONG token, serving as the lifeblood of the OGLONG ecosystem, has been thoughtfully designed to empower its community and foster a decentralized financial landscape on the Bitcoin network. To maintain its value over time, the total supply of OGLONG tokens is deliberately capped, ensuring a balanced distribution. Below, we outline the key aspects of OGLONG tokenomics:

• Total Supply: 2,412,650,000.

• Distribution: The entire supply is reserved for the OG Bitcoin community. OGLONG tokens can be claimed by holders of the following ordinals -

  • OGLONG Satoshi Pass,

  • Bitmap (<10K),

  • Bitcoin Punk,

  • Bitcoin Frog,

  • NodeMonkes,

  • Ordinal Maxi Biz.

  • Quantum Cats

  • RuneStones

Use Cases of OLNG Within the OGLONG Ecosystem

Within the OGLONG ecosystem, OGLONG tokens serve multiple purposes, allowing token holders to actively engage in the platform's growth and reap the rewards of its success:

• Project Allocations: Holding OGLONG tokens grants access to participate in token sales for projects launched on OGLONG, with the allocation sizes dependent on the number of tokens held.

• Staking Rewards: By staking OGLONG tokens, holders can earn rewards, contributing to the platform's security and governance while receiving a portion of the platform's transaction fees.

• Governance: OGLONG token holders are granted governance rights, empowering them to vote on pivotal decisions, including project listings, feature implementations, and platform upgrades.

• Exclusive Access: OGLONG holders benefit from exclusive tiers and perks within the OGLONG ecosystem, such as early access to sales, airdrops, and special events.

Governance and Decision-Making Process for OGLONG Holders

The OGLONG governance model promotes inclusivity and transparency, enabling OGLONG tokens holders to significantly influence the platform's future direction. Governance proposals follow a structured process:

• Proposal Submission: Proposals are submitted to the OGLONG platform, outlining suggested changes or new features.

• Community Discussion: Proposals are discussed within the community, allowing for feedback and amendments before voting.

• Voting: OGLONG token holders vote on proposals using their tokens as voting power. The weight of each vote is proportional to the number of OGLONG tokens held.

• Implementation: Approved proposals are implemented by the OGLONG development team, with ongoing updates provided to the community.

This decentralized governance structure positions OGLONG holders at the center of decision-making, ensuring the platform's development aligns with the community's interests and future visions.