White Paper
Ogar Coin Legends ($OCL)
Introduction:
Ogar Coin Legends ($OCL) is a revolutionary project built on the Solana blockchain, dedicated to delivering lasting value to our community and hodlers. Our commitment lies in providing a highly secure token and smart contract infrastructure, harnessing the scalability and security features of the Solana blockchain.
Blockchain Security:
Ogar Coin Legends employs Solana's cutting-edge blockchain technology, ensuring a secure and scalable foundation for our ecosystem. The inherent safety mechanisms of Solana contribute to a robust and resilient platform, enhancing the overall security of our token and smart contracts.
Max Total Supply and Token Burn:
The maximum total supply of Ogar Coin Legends is set at 10 billion tokens. We are proud to announce that 50% of the total supply has already been burned, creating increased scarcity and value.
Tokenomics:
Remaining 5 Billion:
Our tokenomics is carefully designed to maximize value for our community and holders over time.
7.2% Initial Liquidity:
The initial liquidity pool is created with 100% of tokens burned upon launch, establishing a fair and decentralized distribution.
6% Allocation:
This portion becomes accessible one month post-launch, accompanied by a 4% monthly burn for the first year, fostering scarcity and value appreciation.
2.8% Development Fund:
Allocated for the initial development and setup of the Ogar Coin Legends project, ensuring sustainability and continuous improvement.
(6%) Community Support:
Two separate wallets, each holding 3% of the total supply.
reserved for community initiatives and airdrops, fostering community growth and engagement.
(30%)Team Wallets:
To align our team with the project's success, the team wallet consists of 10 separate wallets, each holding 3% of the total supply. These wallets will be subject to an initial 12-month lock, followed by a gradual unlocking or vesting process at 2.5% monthly over the subsequent 12 months.