> For the complete documentation index, see [llms.txt](https://wiki.openloot.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://wiki.openloot.com/ol-token/tokenomics.md).

# Tokenomics

**Open Loot Token - $OL**

The $OL token is the primary cryptocurrency for the Open Loot platform.  It allows users to purchase items on the Open Loot Marketplace. It is a fungible ERC-20 token created on the Ethereum blockchain, with a capped supply of 5 billion tokens. You can see a more comprehensive list of the $OL token benefits under [Token Utility](/ol-token.md#token-utility-for-users).

**Token Distribution**

$OL is launching with a fair distribution model, ensuring that no tokens are allocated to Open Loot Team members or investors, embodying a truly community-driven approach.

The $OL supply is divided amongst the programs below, based on the fully divested token quantity. 

<figure><img src="/files/YvXEsvAOzOevFUfERGDf" alt=""><figcaption></figcaption></figure>

The 5 billion $OL tokens will be distributed in the following categories:

* User Rewards (50%): User rewards and game studio events.
* Marketing & Community (20%): Marketing and community events, including the programs where users earn OLRP prior to the $OL token launch.&#x20;
* Treasury & Ecosystem (30%): Ecosystem growth, liquidity, and treasury provision.&#x20;

**Vesting Schedule**

The maximum supply of 5,000,000,000 $OL tokens will be unlocked continuously according to user rewards, marketing events, and partner grants. For graphical convenience, the vesting schedule chart below shows the number of tokens unlocked monthly. &#x20;

<figure><img src="/files/djp1ss3CwEAbxnkUIRL7" alt=""><figcaption></figcaption></figure>