Founder Participation
Founder Participation in Protocol Fees for Network Bootstrapping provides a time-limited participation right in protocol fee distributions. Participation is optional, does not grant governance control, and distributions are variable based on actual fee inflows.
Purpose
Founder participation is designed to help bootstrap infrastructure, security reviews, and operational readiness for the network. It does not represent ownership or control of the protocol.
Parameters
- Pool cap: 500,000 OLYMP
- Price: 10 USDT per 1 OLYMP
- Per-wallet: 1,000 to 50,000 OLYMP
- Duration: 5 years from start
- OLYMP max supply (context): 21,000,000
Claims
Founders can claim in USDT/USDC or OLYMP (if reserves exist). No minting is used for payouts.
Participation rate
minBP = 1
maxBP = 50
minX = 1,000
maxX = 50,000
rateBP(x) = minBP + floor((x - minX) * (maxBP - minBP) / (maxX - minX))
shares = rateBP(x) * x
Clamp: if x < = minX => 1, if x >= maxX => 50.
Accumulator accounting
Distributions use an accumulator index per payout token:
ACC_SCALE = 1e24accPerShare[token] += (amount * ACC_SCALE) / totalSharespending(user, token) = shares[user] * accPerShare[token] / ACC_SCALE - rewardDebt[user][token]
When totalShares == 0, incoming fees are stored as pendingFees[token] and applied once the first founder shares exist.
Rounding dust remains in the contract and is not distributed.
Time cutoff
Fee notifications stop after the 5-year end time. Claims remain available for already accrued amounts.
Flows
Disclaimers
- This is not an investment product.
- No guaranteed returns or distributions.
- Participation depends on protocol usage and fee inflows.
- Founder participation does not grant governance or control rights.
- This is not investment advice.
- Distributions are variable and may be zero.