Rewards Table (And Token Allocation)
Out of 1B Fix Supply of OpenWork Tokens, here's how it's allocated:
60%: Community
Earns through actually giving or doing jobs on OpenWork and unlocking tokens through governance 20%: Team & Contributors
Unlocked after 10,000 governance actions completed, necessary for building OpenWork, initial governance and guarantees functionality needed for decentralised dispute resolution 20%: Investors
5% pre-seed token sale, Investor tokens have 1 year cliff, 3 year vesting. 15% reserved for future fundraises.
The majority, or 60% Community Tokens are earned in the following way:
Job-value Band (USD)
Tokens Minted
Cumulative OW
1 Gov Action Unlocks
Gov Actions Needed
$0 – $100,000
30 M
30 M
10,000 OW
3,000
$100,000 – $200,000
30 M
60 M
5,000 OW
6,000
$200,000 – $400,000
30 M
90 M
2,500 OW
12,000
$400,000 – $800,000
30 M
120 M
1,250 OW
24,000
$800,000 – $1,600,000
30 M
150 M
625 OW
48,000
$1,600,000 – $3,200,000
30 M
180 M
312 OW
96,153
$3,200,000 – $6,400,000
30 M
210 M
156 OW
1,92,307
$6,400,000 – $12,800,000
30 M
240 M
78 OW
3,84,615
$12,800,000 – $25,600,000
30 M
270 M
39 OW
7,69,230
$25,600,000 – $51,200,000
30 M
300 M
19 OW
1.58M
$51,200,000 – $102,400,000
30 M
330 M
9 OW
3.33M
$102,400,000 – $204,800,000
30 M
360 M
4 OW
7.5m
$204,800,000 – $409,600,000
30 M
390 M
2 OW
15m
$409,600,000 – $819,200,000
30 M
420 M
1 OW
30M
$819,200,000 – $1,638,400,000
30 M
450 M
1 OW
30M
$1,638,400,000 – $3,276,800,000
30 M
480 M
1 OW
30M
$3,276,800,000 – $6,553,600,000
30 M
510 M
1 OW
30M
$6,553,600,000 – $13,107,200,000
30 M
540 M
1 OW
30M
$13,107,200,000 – $26,214,400,000
30 M
570 M
1 OW
30M
$26,214,400,000 – $52,428,800,000
30 M
600 M
1 OW
30M
Important Note:
Staked Tokens are treated the same as Earned tokens, but can be unstaked without the need to perform the governance functions necessarily.
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