Ondo (ONDO) Tokenomics
Ondo (ONDO) Information
The Ondo Foundation‘s mission is to usher in a new era of financial inclusivity and market efficiency through onchain institutional-grade financial products and services.
Ondo (ONDO) Tokenomics & Price Analysis
Explore key tokenomics and price data for Ondo (ONDO), including market cap, supply details, FDV, and price history. Understand the token's current value and market position at a glance.
In-Depth Token Structure of Ondo (ONDO)
Dive deeper into how ONDO tokens are issued, allocated, and unlocked. This section highlights key aspects of the token's economic structure: utility, incentives, and vesting.
Ondo Finance’s ONDO token is designed to support the protocol’s mission of bringing institutional-grade financial products onchain. Below is a comprehensive breakdown of its token economics, including issuance, allocation, usage, incentives, locking, and unlocking mechanisms.
Issuance Mechanism
- Token Standard & Supply: ONDO is an ERC-20 token on Ethereum, with a maximum supply of 10 billion tokens.
- Creation Date: The token was created on April 28, 2022.
- Public Sale: In May 2022, ~198.88 million ONDO (~1.99% of supply) were sold in a Community Access Sale via CoinList, raising over $10 million. Sale prices were $0.03 (priority queue) and $0.055 (public access).
Allocation Mechanism
| Allocation Category | Amount (ONDO) | % of Max Supply | Notes |
|---|---|---|---|
| Ecosystem Growth | ~5.21B | ~52.11% | For future airdrops, contributors, developers, educators, researchers, strategic roles |
| Protocol Development | 3.3B | 33.00% | For core contributors building infrastructure, products, and protocols |
| Community Access Sale | ~198.88M | ~1.99% | Sold via CoinList in May 2022 |
| Other (unspecified) | Remaining | ~12.9% | Not fully detailed in public disclosures |
Note: As of Dec. 23, 2024, the Ondo DAO treasury does not hold the Ecosystem Growth allocation.
Usage and Incentive Mechanism
- Governance: ONDO is primarily a governance token. Holders can submit and vote on proposals for Flux Finance (e.g., listing new assets, pausing markets, updating interest models, managing treasury).
- To submit a proposal: 100M ONDO must be delegated.
- For a proposal to pass: At least 1M ONDO must vote, and quorum must be met.
- Voting period: 3 days; 1-day timelock before execution.
- Ecosystem Incentives: ~52% of tokens are reserved for ecosystem growth, including future airdrops and rewards for contributors.
- Ondo Points Program: Tokenholders can earn points by holding ONDO, with bonuses for “diamond hands” (long-term holders). Points may be redeemable for future rewards.
- No Staking or Liquidity Provision: As of Dec. 23, 2024, there is no staking or liquidity provision mechanism for ONDO.
- No Profit or Capital Claims: ONDO does not confer rights to profits, capital, or legal claims on Ondo Finance entities.
Locking Mechanism
- Global Lock-Up: All ONDO tokens were initially subject to a global lock-up until January 18, 2024.
- Post-Lock-Up: After the “enableTransfer” function was called on Jan. 18, 2024, ONDO became transferable, marking its public launch.
Unlocking Time and Vesting
- Cliff and Vesting: Most allocations are subject to a one-year cliff from the public launch (Jan. 18, 2024), followed by three years of yearly vesting.
- Ecosystem Growth Allocation: ~5.21B ONDO is reserved for future distribution, but the specific vesting and unlocking schedule is not fully disclosed.
- Protocol Development Allocation: 3.3B ONDO (33%) is for core contributors, subject to the same cliff and vesting schedule.
Summary Table
| Mechanism | Details |
|---|---|
| Issuance | ERC-20, 10B max supply, created April 2022, public sale in May 2022 |
| Allocation | 52.11% Ecosystem Growth, 33% Protocol Development, 1.99% Community Sale, rest unspecified |
| Usage & Incentives | Governance, ecosystem rewards, Ondo Points, no staking/liquidity provision |
| Locking | Global lock-up until Jan. 18, 2024 |
| Unlocking & Vesting | 1-year cliff post-launch, 3 years yearly vesting |
Additional Notes
- Bridging and Cross-Chain: Ondo Bridge enables native, cross-chain transfers of ONDO and RWA tokens, using Axelar and LayerZero for security and interoperability.
- Security: Transactions are secured by Ethereum. Ondo Bridge employs multi-layer validation and risk management.
- No Staking: There is no staking or liquidity provision mechanism as of the latest available data.
Ondo’s token economics are designed to incentivize long-term participation, governance, and ecosystem growth, with a strong emphasis on security and cross-chain operability. The majority of tokens remain locked or vesting, with a significant portion reserved for future ecosystem incentives.
Ondo (ONDO) Tokenomics: Key Metrics Explained and Use Cases
Understanding the tokenomics of Ondo (ONDO) is essential for analyzing its long-term value, sustainability, and potential.
Key Metrics and How They Are Calculated:
Total Supply:
The maximum number of ONDO tokens that have been or will ever be created.
Circulating Supply:
The number of tokens currently available on the market and in public hands.
Max Supply:
The hard cap on how many ONDO tokens can exist in total.
FDV (Fully Diluted Valuation):
Calculated as current price × max supply, giving a projection of total market cap if all tokens are in circulation.
Inflation Rate:
Reflects how fast new tokens are introduced, affecting scarcity and long-term price movement.
Why Do These Metrics Matter for Traders?
High circulating supply = greater liquidity.
Limited max supply + low inflation = potential for long-term price appreciation.
Transparent token distribution = better trust in the project and lower risk of centralized control.
High FDV with low current market cap = possible overvaluation signals.
Now that you understand ONDO's tokenomics, explore ONDO token's live price!
How to Buy ONDO
Interested in adding Ondo (ONDO) to your portfolio? MEXC supports various methods to buy ONDO, including credit cards, bank transfers, and peer-to-peer trading. Whether you're a beginner or pro, MEXC makes crypto buying easy and secure.
Ondo (ONDO) Price History
Analyzing the price history of ONDO helps users understand past market movements, key support/resistance levels, and volatility patterns. Whether you are tracking all-time highs or identifying trends, historical data is a crucial part of price prediction and technical analysis.
ONDO Price Prediction
Want to know where ONDO might be heading? Our ONDO price prediction page combines market sentiment, historical trends, and technical indicators to provide a forward-looking view.
Why Should You Choose MEXC?
MEXC is one of the world's top crypto exchanges, trusted by millions of users globally. Whether you're a beginner or a pro, MEXC is your easiest way to crypto.
Disclaimer
Tokenomics data on this page is from third-party sources. MEXC does not guarantee its accuracy. Please conduct thorough research before investing.
Buy Ondo (ONDO)
Amount
1 ONDO = 0.90494 USD