When we started our Bills points campaign, we knew that its success would depend on our community. Every contribution, big or small, helped drive OpenEden’s growth. Hence, in designing the EDEN rewards distribution for our Bills points campaign, we took a longer-term approach as we want to build an ecosystem that supports the longevity of OpenEden.
We recognized one of the biggest challenges for token launches is establishing a stable price discovery after TGE. Such price volatility swings disrupt healthy price discovery for participants.
That’s why we designed the EDEN HODLers Bonus Mechanism (EHBM) to address this challenge. It offers flexibility for those who want their tokens early, but a forfeit is applied. These early claimants’ forfeited tokens are channeled into a shared reward pool that rewards long-term holders.
By easing early sell pressure and encouraging long-term alignment, EHBM turns what would normally be a destabilizing factor into a positive reinforcement loop for the community.
What is EDEN HODLers Bonus Mechanism?
On 15 September, the portal for EDEN HODLers Bonus Mechanism will be available for you to view your total Bills earned throughout the Bills campaign. At the end of September, you will be able to see your full allocation of EDEN based on the Bills you accrued. You can decide whether to claim your tokens early or hold them.
On day one of EDEN TGE, a portion of your full allocation can be claimed without forfeiture, regardless of when you choose to claim it.
The remaining portion is governed by the EDEN HODLers Bonus Mechanism (EHBM). To encourage long-term holding, the EHBM introduces a holding window. If you claim your remaining portion during this holding window, a forfeit is applied, and your forfeited tokens will be channeled into a shared reward pool that starts with a base of 2,500,000 EDEN tokens.
The forfeiture amount decreases linearly over the window. The earlier you claim from your remaining portion, the larger the amount of EDEN you forfeit. The closer a claim of the remaining portion is to the end of the window, the smaller the forfeited amount will be.
If you hold till the end of the holding window, you can receive a proportionate share of the rewards pool (contributed by those who claimed their remaining portion early). The share of your rewards is based on your unclaimed allocation.
This mechanism applies equally to all wallets, whether you have a large or small allocation, ensuring everyone benefits from the same rules and opportunities.
What About The Early Adopters?
Early adopters, the community members who supported OpenEden from the very beginning in 2023 and helped drive adoption and ecosystem growth, will also have their token distribution governed by a similar mechanism designed to reduce short-term sell pressure, support balanced price discovery, and promote long-term stability.
Importantly, early adopters’ forfeited tokens are directed into their own dedicated reward pool, completely separate from the EHBM reward pool. This ensures no overlap or mixing between the two groups. Each community, Bills campaigners and early adopters, has its own mechanism, its own shared pool, and its own path to additional rewards, providing clarity and fairness for all members.
Summary
In short, EDEN HODLers Bonus Mechanism gives you the flexibility to claim anytime, but rewards commitment in OpenEden’s ecosystem. Early claimants exit with less, while long-term holders walk away with both their full allocation and extra tokens contributed by those who claimed before them.
About OpenEden
OpenEden operates a leading real-world asset (RWA) tokenization platform, renowned for its unmatched focus on regulatory standards and advanced financial technology. Founded in 2022, OpenEden bridges traditional and decentralized finance by providing, through its regulated entities in Bermuda and the BVI, secure, transparent, and compliant on-chain access to tokenized RWA. OpenEden is tokenizing global finance with a core focus on compliance and innovation. To learn more, visit www.openeden.com.
Disclaimer
The content is not for publication or distribution, directly or indirectly, in or into the United States of America (including its territories and possessions, any state of the US and the District of Columbia), nor in such jurisdictions where such announcement would require registration and/or approval with any relevant governmental or regulatory authorities (“restricted jurisdictions”). The content is not an offer of financial products or digital assets for sale in the US or such other restricted jurisdictions. The digital assets referred to herein have not been and will not be registered with any regulatory authority or framework, including under the US Securities Act of 1933, as amended and may not be offered or sold in the US or such other restricted jurisdictions, except pursuant to an applicable exemption from registration. No public offering of the digital assets is being made in the US or restricted jurisdictions. For full details on the applicable T&Cs, please refer to https://docs.openeden.com/
