Underrated aspect of using oTokens as airdrops is the tax liability. oTokens are worthless until exercised so claiming them doesn't create inherent sell pressure.
For any airdrop (whether I'm bullish or bearish on the ecosystem) I sell ~50% into $USDC and set aside for taxes. If I don't and token is down only then I end up owe more in taxes than the tokens may be worth.
oTokens would reduce any income tax liability and only create a taxable event after exercised and then sold.
Airdrops should structure themselves as option tokens that need to be exercised to unlock allo. A combination of onchain & off chain/social activities can be leveraged to reduce the amount of capital you need to exercise the option.
This can and should also apply to team tokens where certain metrics (in addition to time) need to be met for team to unlock their allo.
If your product is good people will be motivated to participate in the ecosystem.
Everyone is aligned.
Let's use @berachain as an example. At launch bera was trading at $14.00. If you were airdropped 1000 $bera your income tax liability in the US would be 20-33% of 14k. If you didn't sell part of your airdrop to cover your tax liability you would have been rekt if you waited a bit before selling any.
Now imagine the allocation was 1000 $oBera which doesn't have value until exercised. Berachain could then say that those tokens get exercised if you earn X amount of $BGT or maybe some other actions that are off chain.
The result is no immediate tax pressure, and those aligned with the ecosystem will be able to unlock their tokens. KOLs would be incentivized to explore the eco rather than dump and bridge..
Anyways curious what you guys think @SmokeyTheBera @intern @keoneHD
3,42 rb
9
Konten pada halaman ini disediakan oleh pihak ketiga. Kecuali dinyatakan lain, OKX bukanlah penulis artikel yang dikutip dan tidak mengklaim hak cipta atas materi tersebut. Konten ini disediakan hanya untuk tujuan informasi dan tidak mewakili pandangan OKX. Konten ini tidak dimaksudkan sebagai dukungan dalam bentuk apa pun dan tidak dapat dianggap sebagai nasihat investasi atau ajakan untuk membeli atau menjual aset digital. Sejauh AI generatif digunakan untuk menyediakan ringkasan atau informasi lainnya, konten yang dihasilkan AI mungkin tidak akurat atau tidak konsisten. Silakan baca artikel yang terkait untuk informasi lebih lanjut. OKX tidak bertanggung jawab atas konten yang dihosting di situs pihak ketiga. Kepemilikan aset digital, termasuk stablecoin dan NFT, melibatkan risiko tinggi dan dapat berfluktuasi secara signifikan. Anda perlu mempertimbangkan dengan hati-hati apakah trading atau menyimpan aset digital sesuai untuk Anda dengan mempertimbangkan kondisi keuangan Anda.