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One-pager summary
- Goal: growth + retention + governance for OpenServ’s AI/agent services marketplace. Minimize mercenary farming. Reward real usage and long-term contributors.
- Token: OSERV (ERC-20). Fixed supply. Value accrues via fee discounts, access, staking requirements, and periodic buyback-and-burn from protocol fees.
- Supply: 1,000,000,000 OSERV (1B). No further inflation.
- Distribution: community incentives 35%, treasury/ecosystem 20%, team 18%, investors 15%, liquidity 5%, airdrop 4%, advisors 3%.
- Emissions: 35% distributed over 48 months with geometric decay (r=0.94/month). Normalized to allocate exactly 350M tokens. Front-loads early growth, tapers to quality.
- Unlocks/Vesting: team 12m cliff + 36m linear; investors 6m cliff + 24m linear; advisors 6m cliff + 24m linear; airdrop 50% TGE + 6m linear; liquidity 50% TGE + 12m linear top-ups; treasury streamed with cap and governance control.
- Utilities: governance, fee discounts/rebates, staking-for-access (partners/builders), priority routing, collateral for service bonds, and burn from buybacks.
- Fees: settle in stablecoins; 20% of net protocol fees allocated to periodic OSERV buyback-and-burn; configurable guardrails.
- Governance: token voting with timelocks, emergency pause, upgrade constraints. Progressive decentralization milestones.
- Risks: sybil/wash usage, mercenary liquidity, governance capture, oracle/price feedback loops. Mitigations included.
- Today: 2026-11-09.
Token supply & allocation (CSV)
Category,Percent,Tokens,Notes
Community Incentives,35%,350,000,000,Usage mining/builders/quests over 48 months
Treasury / Ecosystem,20%,200,000,000,Grants/partnerships/buybacks (policy-limited)
Team,18%,180,000,000,12m cliff + 36m linear
Investors,15%,150,000,000,6m cliff + 24m linear
Liquidity / MM,5%,50,000,000,50% TGE; 50% 12m linear for top-ups
Airdrop,4%,40,000,000,50% TGE; 50% 6m linear claims
Advisors,3%,30,000,000,6m cliff + 24m linear
TOTAL,100%,1,000,000,000,
Issuance/emissions model
- Emission pool C = 350,000,000 OSERV over T = 48 months.
- Monthly decay r = 0.94. Normalization constant k = (1−r)/(1−r^T).
- Month m emission: E_m = C · k · r^(m−1). Sums to C across 48 months.
- Governance can adjust r within [0.90, 0.98] via time-locked vote after month 12.
Emissions schedule (first 12 months; approximate, tokens)
Month,Emission (OSERV)
1,22,144,500
2,20,814,800
3,19,565,900
4,18,392,900
5,17,289,300
6,16,248,900
7,15,273,900
8,14,357,500
9,13,496,000
10,12,666,200
11,11,905,200
12,11,191,000
Notes: Values follow E_m formula and decay by ×0.94 each month. Months 13–48 continue accordingly. Total across 48 months = 350,000,000.
Unlocks & vesting timeline (milestones)
- TGE (Month 0):
- Liquidity: 25,000,000 (50% of liquidity allocation) provisioned to AMMs/CEX listings.
- Airdrop: 20,000,000 immediately claimable; remaining 20,000,000 linearly over 6 months via Merkle-claim with anti-sybil filters.
- Treasury: 20,000,000 (10% of treasury) unlocked for ops; remainder time-locked.
- Month 6:
- Investors vesting starts: 6-month cliff ends; 150,000,000 vests linearly over 24 months (~6,250,000/month).
- Advisors vesting starts: 30,000,000 linearly over 24 months (~1,250,000/month).
- Airdrop linears complete.
- Month 12:
- Team vesting starts: 180,000,000 vests linearly over 36 months (~5,000,000/month).
- Liquidity top-up stream begins: remaining 25,000,000 released linearly over 12 months for depth maintenance (use-or-lose, governed).
- Treasury stream: remaining 180,000,000 streamed at max 0.7% of total supply/month (7,000,000/month cap) subject to on-chain approvals and bi-annual reporting.
Sinks, sources, and fee routing
- Sources: token emissions (usage mining, quests), vested unlocks, market buys.
- Sinks:
- Buyback-and-burn: β = 20% of net protocol fees each epoch; burn_t = min(β · fees_t, burn_cap_t). burn_cap_t defaults to 5,000,000 OSERV/month equivalent to avoid reflexivity.
- Staking requirements: partners/builders lock S_partner to access premium APIs and priority routing; slashable for abuse (via governance-defined rules). Locked tokens are non-transferable but not burned.
- Access: certain premium features require holding H_user balance; checked at call-time; no consumption, but encourages holding.
- Fees: charged in stablecoins by default; pay-in-OSERV yields discount δ_user up to 30% based on stake and usage tier; discounts funded from growth budget, not retroactive rebates.
Utility map (who pays, why, when)
- Builders/Partners: stake OSERV to list services, get priority matching, and lower fees. Pay protocol fees from revenue. Risk of slashing for fraud/abuse.
- Users/Enterprises: hold OSERV to unlock premium quotas and discounts; otherwise pay standard fees in stablecoins.
- LPs/MMs: receive trading fees; optional OSERV rewards during bootstrap epochs with decay; no guaranteed returns.
- Community contributors: quests/bounties paid from emissions/treasury per deliverable.
Governance & upgradeability
- Governance token: OSERV with vote delegation. Snapshot off-chain voting + on-chain execution via timelock (≥48h) and guardian pause (multisig of 5/9 with publicly disclosed keys).
- Upgrade process: proposals → temperature check → on-chain vote → timelocked execution. Emergency pause limited to 7 days; requires public post-mortem.
- Parameter rails: r ∈ [0.90, 0.98]; β ∈ [10%, 30%]; treasury monthly stream ≤ 0.7% supply; airdrop claim window 90 days, then unclaimed → treasury.
- Progressive decentralization milestones: M6 treasury committee elections; M12 protocol fee routing on-chain; M18 remove guardian except circuit breaker.
Stress test: gaming vectors and mitigations
- Sybil farming of usage rewards: require account-age, device/browser entropy checks, velocity limits, and diminishing returns per-identity. Quadratic reward curve: R = a·√u with per-epoch caps.
- Wash usage: tie rewards to paid net fees and third-party attestations (e.g., signed job completions). Minimum spend thresholds before rewards accrue.
- Mercenary liquidity: short bootstrap window with decaying LM; dual-sided LP with lockups for boosted rewards; deploy protocol-owned liquidity.
- Governance capture: quorum + supermajority for treasury spends; time-based vote weight decay for newly received tokens; vesting tokens non-voting until 50% vested.
- Oracle/price manipulation around buybacks: TWAP-based buybacks with randomized execution windows; monthly cap; governance reports.
- Insider unlock overhang: publish unlock calendar; allow community market-making program; blackout windows around proposals.
Alignment: value accrual
- Direct: fee discounts encourage holding; staking locks reduce float; buyback-and-burn retires tokens as usage grows.
- Indirect: treasury-funded growth increases network effects; access gating increases willingness to pay in token.
Explain like I’m 12
- Think of OSERV as special tickets.
- People who build cool tools need to lock some tickets to open a shop.
- Customers can hold tickets to get cheaper prices.
- Each month the system gives out fewer new tickets than the month before.
- Part of the shop fees buys tickets and throws them away, making the remaining tickets a bit rarer.
- Rules are voted on by ticket holders, with safety brakes.
Implementation checklist (dev + ops)
- Contracts:
- ERC20 (permit + delegation), transparent proxy, timelock, governor, guardian pause.
- Linear vesting with cliffs; Merkle distributor with streaming for airdrops.
- Emissions controller implementing E_m formula; admin adjustable within rails; pausable.
- Buyback module: pulls β of fees, executes TWAP DCA, burns to 0xdead; monthly cap.
- Staking contracts: partner locks (non-transferable), user staking for tiers, slashing logic hooks.
- Off-chain/infra:
- Subgraph/indexer for emissions, unlocks, burns, and fee routing.
- Anti-sybil service (risk score, velocity limiter) gating rewards.
- Unlock calendar public dashboard.
- Ops & policy:
- Reward epoch definitions (weekly/monthly), data sources, audit trails.
- Treasury policy doc with ranges for grants, LP depth targets, buyback cadence.
- Security reviews and pause playbook.
Assumptions
- Chain: EVM L2 (Base/Arbitrum-style). Bridging handled by canonical bridges.
- FDV target at TGE: placeholder $300M; initial circulating 7–10% depending on LM and liquidity depth goals.
- No promises of returns; discounts and access only. Buybacks are policy-based and adjustable by governance.
Notes
- All market-sensitive parameters are placeholders and should be calibrated with real usage data.
- This spec avoids revenue sharing to reduce regulatory risk and focuses on utility, discounts, and controlled buybacks.