ALTO

Overview

The ALTO token is a LayerZero OFT (Omnichain Fungible Token) and can be freely teleported between networks. It has a fixed supply and no emissions. The DAO emits call option tokens (oALTO) as protocol incentives, for more information on oALTO please visit oALTO. Upon staking ALTO, users will receive a pro-rata share of all protocol revenue, paid in USDO stablecoins each epoch (week), for more info on sALTO, please visit sALTO.

Distribution

The ALTO token has a fixed supply of 100,000,000 ALTO.

The details of the ALTO token distribution structure are as follows:

Parties
Contributors	6M tokens were allocated to Core Contributors with a one year lock starting at genesis with a 3 year vesting schedule thereafter.
Early supporters	3.5M tokens were allocated to "Early Supporters" who bootstrapped the initial development of the Alto Protocol.
Supporters	13.5M tokens were allocated to "Supporters" who assisted with ongoing costs of development and stewardship of the Alto Protocol.
LBP	5M tokens were distributed via a Liquidity Bootstrapping Pool (LBP).
Airdrop	2.5M tokens were distributed via call option airdrop.
DAO treasury	17M tokens will be held in the treasury to provide initial liquidity and for any additional uses at DAO discretion.
Incentive program	52.5M tokens will be utilized for call option incentives.