Berachain Ecosystem Project Ooga Booga Announces Token Economic Model, 10% for Airdrop




Berachain ecosystem liquidity aggregator Ooga Booga announced the token economic model, as follows: Team allocation: 18%, locked for 6 months, then linearly unlocked in 24 months; Advisor allocation: 1.35%, locked for 6 months, then linearly unlocked in 24 months; Investor allocation: 19.15%, no lock-up, linearly unlocked in 24 months; Community incentive allocation: 20%, 100% unlocked at TGE; Ecosystem allocation: 30%, 100% unlocked at TGE; Community public sale allocation: 1.5%, 100% unlocked at TGE; Airdrop allocation: 10%, 100% unlocked at TGE. In addition, Ooga Booga also announced that it will conduct two rounds of public sales with $30 million in FDV.