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Reverse split & tokenomics details

3 min readMay 19, 2025

Tokenomics

As previously announced, Oikos is pivoting away from its original design, which revolves around a dual-token system powering an endogenous stablecoin, to a new and revolutionary automated tokenomics and unruggable liquidity narrative. This means that the protocol itself has to restructure its tokenomics to work within the constraints imposed by the new paradigm. The most important of which is that, to satisfy the solvency invariant, every token in circulation (i.e., all tokens outside the protocol’s control) must be backed 1:1 with real liquidity at the floor price.

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Solvency invariant in Solidity

This is challenging for a token with an existing holder base but can be achieved through careful design and execution. To learn more about the floor price and solvency invariant mechanism, check out our official docs 👇

Reverse token split

One of the fundamental parts of the strategy consists of a reverse token split, which will see the current total supply of 256.42M OKS reduced by a factor of 75:1. After the operation, there will be around 3.42M OKS left, distributed as follows:

  • 1.37M OKS destined to the initial floor liquidity
  • 675K OKS for anchor liquidity, facilitating trading activity
  • 1.37M OKS allocated to discovery liquidity, easing price discovery, and supporting supply expansion
Liquidity structure

The initial floor liquidity will consist of approximately 50 BNB, corresponding to a starting floor price of 0.0000375 BNB per OKS, while the total market capitalization will start at around 130 BNB.

All the previously existing OKS supply will be burned and taken out of circulation, a salvo for the holdings of stakers who satisfy predetermined criteria.

Stakers snapshot

The criteria to grant existing holders access to the migration process was determined as follows:

All stakers with a balance of at least 1,000.00 Oikos Debt Shares (ODS) at block height 24990716 will be eligible for the migration process.

The migration user interface will be available in a dedicated section of our official webpage. The time window for executing the process has been established from June 18 to September 18, 2025. Any eligible balance not migrated before the deadline will be forfeited by the Oikos Foundation.

Vesting

The protocol will utilize a performance metric-based vesting schedule designed around the token's price performance. Once the floor price exceeds 100%, withdrawals will become progressively available at fixed increments (e.g., 125%, 150%, etc.). At each step, holders will be able to redeem a portion of their tokens until they exhaust their available balance. This is done to better align the project goals with the interests of stakeholders.

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Conclusion

As mentioned, it is challenging to work within the constraints imposed by the new paradigm of automated tokenomics & unruggable liquidity while still making everyone happy. The criteria chosen for the token split may be seen as restrictive by many, but they are necessary to make optimal use of the currently available resources. Notwithstanding this obstacle, the team is eager to give everyone who supported the project in the past a chance to capitalize on the success of the new model. To this end, Oikos will execute a second snapshot with reduced eligibility criteria. More details will be announced in a follow-up article. Stay tuned!

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Oikos
Oikos

Written by Oikos

Oikos is an initiative to bring key DeFi applications to BNB Chain.

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