Option Panda is a decentralized derivatives trading platform, it’s going to issue platform token “OPA”, which has the following attributes:
- Total supply of OPA is limited;
- OPA is minable, as incentives for people to use Option Panda;
- OPA holders have the voting rights on Option Panda governance affairs.
As Option Panda is planning to be deployed on multiple blockchains, the minting of OPA will also consider the characteristics of multi-chain deployment. The total supply of OPA will not exceed 1,000,000,000 no matter how many blockchains have been integrated.
Upon initial launch on BSC, a total of 500,000,000 OPA will be minted on BSC.
The remaining 500,000,000 OPA to be minted on Ethereum Layer-2 network, Polygon etc., and respective allocation rules on those networks are TBD.