# 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 -&#x20;
  * OGLONG Satoshi Pass,&#x20;
  * Bitmap (<10K),&#x20;
  * Bitcoin Punk,&#x20;
  * Bitcoin Frog,&#x20;
  * NodeMonkes,
  * Ordinal Maxi Biz.&#x20;
  * 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.

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