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OAK Network

Cross-chain automation infrastructure

Join Crowdloan

OAK Tokenomics

OAK is a utility token with an initial supply of 1 billion, which will be minted in the genesis block at launch

Symbol
OAK
Relay Chain
Polkadot
Initial Total Supply
1 Billion
Inflation
5%
Long-term Supply
Deflationary
Burn Mechanism
Gas & Fee Instant Burning

Check out our tokenomics

Powering Polkadot Crowdloan

A portion of initial OAK tokens will be issued to incentivize supporters for contributing to OAK’s crowdloan campaign

Reward Ratio
Supporters will receive up to 100 OAK for every DOT contributed.
Reward Pool
Up to 1.5% of the total supply will be issued as rewards to supporters of the Parachain Auction.
Vesting schedule
Rewards will vest evenly per quarter (12.5%) for the first 24 months, with the first distribution occurring one month after TDE (Token Distribution Event).
Vesting
Your rewards will vest evenly per quarter (12.5%) for the first 24 months.
Referral Bonus
Contributors who use a referral code will receive a 10% bonus split between referrer and extension.
Additional Bonuses
Additional bonuses will be available to contributors based on early contribution, support for the Turing crowdloan, and community milestones.

Check out the crowdloan

CALL TO ACTION
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Learn about OAK Network
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About OAK Network
Read the OAK Technical Whitepaper outlining our ambition for cross-chain automation
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Tokenomics
Learn more about OAK's innovative token model
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Crowdloan Rewards
Check out reward details for the OAK crowdloan

Meet our team

Given our founding team's diverse backgrounds, we believe in everyone's perspectives being included as we build a decentralized future.

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Chris Li

Chief Technology Officer

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David Finkelstein

Chief Growth & Operations

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Matt Zimmermann

Business Development Lead

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Nikhil Vengal

Senior Software Engineer

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Justin Zhou

Senior Software Engineer

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Charles Chen

Senior Software Engineer

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Annie Zhang

UI&UX Designer

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Christian Dirk

Research Specialist

Backed by industry leaders
Trusted by Our Partners