This page features FAQs to quickly bring the Oraichain community up to speed regarding recent changes in ORAI tokenomics. Please reach out to us on Official channels if you have any questions.

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Frequently Asked Questions (FAQs)

1. Why make changes to ORAI tokenomics?

Oraichain ecosystem is experiencing remarkable growth and development since 2020 and the launch of its Mainnet in 2021. With over 15 decentralized applications (dApps) in various stages of development on the Oraichain network, the platform is witnessing an increasing interest from builders across the crypto space who seek to build at the intersection of blockchain and AI. As the Oraichain community expands and thrives, the importance of decentralized governance becomes more evident. In response to this momentum, Oraichain will execute this significant update to its tokenomics, granting more power to the Oraichain DAO and reinforcing its commitment to the community.

2. What are the primary goals of the tokenomics revision?

The main goals of the tokenomics revision are as follows:

• Demonstrating a strong commitment to Oraichain's future by simplifying allocations and focusing on significant operating roles (Ecosystem, Foundation, and DAO).
• Accelerating the DAO by allocating significant resources to the DAO Treasury to empower the community.
• Promoting transparency and consistency through better reporting practices, offering greater clarity on the token distribution process.

3. How will the token allocation change after the revision?