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Supply Policy

Olymp supply policy is a protocol treasury tool, not a marketing promise. It governs how OLYMP fees may be burned or locked as bonds as part of fee recycling.

Components​

  • Burn module: an epoch-based burn funded only by OLYMP fees already held by the protocol.
  • Bond lockups: validator bonds held in the registry reduce circulating supply without burning.
  • Supply floor: total supply can never go below the configured floor.

Burn policy (MVP)​

  • Burn rate is governance-controlled between 3% and 10% of eligible OLYMP fees.
  • Burns are epoch-based and permissionless to execute once conditions are met.
  • During the Founder Participation phase, burn is capped to avoid unfairness.
  • Burns are funded only from real protocol fees; no minting is used.
  • Stablecoin-to-OLYMP buybacks are out of scope for MVP.
  • Burns may be zero if fees are zero or the floor is reached.

Parameter ranges (MVP)​

ParameterRange
Burn rate3%-10% (300-1000 bp)
Founder phase cap3%-10% (300-1000 bp)
Epoch length1-180 days
Supply floor>= 1,000,000 OLYMP

Flow​

Disclaimers​

  • Burn is a treasury policy tool.
  • Governance parameters may change within safe bounds.
  • Burns may be zero and are not guaranteed.
  • Bonds are collateral, not yield.
  • Fees may be zero.