⚠️ Still under construction: Open to feedback on how this should be revised

$DEBT has a total supply of 100,000,000,000 with high inflation over a 5 year period to incentive loans, growth, and a competitive market inside the DAO. The token will also be mintable to incentive further growth as necessary and dilute inactive token holders over time.

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Tokens allocated to Community Treasury will vest over 5 years. Olympus DAO’s tokens will vest over 18 months, while Strategic Raise and DAO Partnership tokens will vest over 3 years. The core team will have a 1 year cliff and be vested over 4 years. The tokens to raise initial funds via LBP and Olympus Pro representing 15% of total supply will all be immediately minted although Olympus Pro funds will be dispersed over several months via bonds.

All revenue from loans accrues to the lender, not Debt DAO or DEBT token holders. When loan contracts are deployed, the lender can opt to include a $DEBT staking pool. This will allow $DEBT token holders to put up $DEBT tokens as collateral in case of default in return for a portion of all interest payments. If the borrower defaults and no recourse negotiated with lenders made whole, staked DEBT will be sold to repay the lender. The percentage of interest payments made to DEBT stakers is based on the total value stacked compared to total value of loan with a maximum of 20%.

These are the tentative token distributions: