Base token launch details:
We’re excited to announce that the OPAL token will launch on Base on Tuesday, September 1st.
We’re making the migration as simple as possible for current holders. You do not need to claim, bridge, swap, or manually migrate anything.
Migration
• We will pull liquidity on Monday, August 31st after 6 PM UTC and take a final snapshot of OPAL holders
• The snapshot will be published once completed
• Existing tokens and liquidity will migrate 1:1
• Base OPAL will be airdropped directly to holders 48 hours after launch
• Hold OPAL in a wallet that supports Base, such as MetaMask, before the snapshot
There is no migration website and nothing to claim. Anyone asking you to connect a wallet, send tokens, or approve a migration transaction is a scam.
Tokenomics
Today, 70M OPAL exist:
• 50M circulating
• 20M team allocation, locked
With the Base launch, we are increasing total supply to 150M OPAL while locking the additional supply for 12months.
The final Base tokenomics will be:
50M circulating
100M locked / non-circulating
Of the 100M locked supply:
• 20M existing team allocation
• 60M airdrop & future community rewards
• 10M ecosystem & protocol growth
• 10M strategic liquidity & exchange integrations
Put simply, we are adding 80M tokens, and every one of those tokens will be locked and non-circulating for 12 months.
50M OPAL circulates today.
50M OPAL will circulate after the Base launch.
Most importantly: No additional team tokens are being added. The team allocation remains exactly the same, honoring our commitment to the community. The new supply is reserved entirely for community incentives, future growth, and the long-term health of the protocol.
By doing so our incentives are 100% aligned with our holders. What benefits holders, benefits the team.
One month before the 12-month lock expires, we will publish a detailed allocation and unlock schedule outlining exactly how, when, and why any future incentives may enter circulation.
There will be no surprise unlocks.
To date, we have sold zero team tokens, gave away zero KOL allocations, and have not diluted holders to finance operations.
Our trading fee has allowed us to fund development without selling team supply or diluting holders. Our goal is to remove the trading fee entirely after mainnet once protocol revenue can sustainably fund operations.
Launch:
To discourage snipers & bots:
First 2 hours: 10% sell fee
After 2 hours: standard 5% buy / 5% sell fee