$OSKY Token and Roadmap

OpenSky Finance
2 min readJan 19, 2024

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GM OpenSky Community.

We are super excited about the successful outcome of OpenSky Free Launch on BakerySwap, with 32 million USD worth of BAKE and 1CAT participating to get the initial free 1,200,000 OSKY token allocation! All participating $BAKE and $1CAT tokens have now been 100% refunded.

Thanks to the participants for your support and we will distribute the free $OSKY tokens before 23 January 2024 at 12:00 UTC. Please check your token allocation here: https://docs.google.com/spreadsheets/d/1MBzEBUYY__JeSfZ4ZRes5Q28dLRNin0sAa8adFikgFs/edit#gid=0…

OpenSky Tokenomics

The OpenSky Token, or $OSKY, is the OpenSky Protocol’s governance token. OpenSkyDAO — made up of $OSKY holders and delegators — governs the OpenSky Protocol. The governance system uses a weighted voting system in which the amount of $OSKY tokens held determines voting power.

$OSKY Token Allocation and Distribution

  • Free Launchpad: 1.2%; (Distributed at TGE)
  • Team & Advisors: 13.8% (Locked for 6 months with linear vesting over 18 months);
  • Investors: 21% (Locked for 3 months with linear vesting over 18 months);
  • Community: 51% (Tokens will be allocated based on DAO governance votes with a preference for low token inflation. Tokens will be used for Airdrops, Staking, Farming, Business Development, KOLs, Referrals, etc.);
  • DAO Treasury: 9% (Locked for 6 months with linear vesting over 48 months);
  • Initial Liquidity: 4%.

OpenSky Roadmap

1.Free Launch on BakerySwap

2.Listing on DEXs & CEXs with support of professional market making firm

3. Support NFT lending on BTC for leading NFT collections, such as BitcoinCats NFT.

4. Launch Airdrop points program. Lenders and borrowers can farm $OSKY and other partner tokens (e.g. $1CAT), and the treasury will earn BTC and ETH.

5. Launch real yield staking program for $OSKY. $OSKY stakers can share BTC and ETH protocol revenue.

6. Support NFT lending on Solana for leading Solana NFT collections.

7. Cooperate with Blast to deploy our omnichain NFT lending to the Blast chain with low gas fees. One dAPP can manage omnichain NFT lending.

Website | https://opensky.finance

Twitter | https://twitter.com/OpenSkyFinance

Telegram | https://t.me/OpenSkyLabs

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OpenSky Finance
OpenSky Finance

Written by OpenSky Finance

A DeFi protocol that enables NFT stakers to value their NFTs and borrow on demand while maintaining control.

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