# 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](https://wiki.openloot.com/ol-token/..#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="https://2557981166-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FYJ7KYfAP5fCYLoyfexii%2Fuploads%2Fr05sDXUYgrNLLilbg8y9%2F12-Token%20Distribution.png?alt=media&#x26;token=48cddb10-0949-4bce-ae3d-26baecc05c87" 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="https://2557981166-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FYJ7KYfAP5fCYLoyfexii%2Fuploads%2FKhsb0WGPWuXhbrRvPWfa%2FRewards%20Mktg%20Treasury%20Graph%20(1).png?alt=media&#x26;token=c2a8913c-096a-45d3-8fab-8dd0115b7ea7" alt=""><figcaption></figcaption></figure>