A Note of Total Distribution of $OLE Token

To strengthen community building and better promote the project, we have decided to increase the number of $OLE tokens from 100 million to 1 billion.

The $OLE token is a native token that incentivizes community development and protocol usage. Community members will receive $OLE tokens via community reward programs such as weekly missions and community events. It could also be minted after TGE through product usage, for example, borrowing, lending, helping on liquidation, and staking.

Initially, community members were awarded $OLE tokens when participating in various community activities, such as AMAs and weekly missions. The reward amount before 10 Dec 2021 will now increase according to the final adjustment of the total $OLE cap.

For example, if it was advertised prior that users would get 300 $OLE from completing a Weekly Mission, the number of $OLE will now be updated retroactively to 3,000 $OLE (10x) when tokens are distributed.

Currently, there are no official or authorized public sales. We cannot guarantee the authenticity of any token sale unless officially announced through OpenLeverage’s public channels. Please understand all risks. Tokenomics will be announced at a later date.