> ## Documentation Index
> Fetch the complete documentation index at: https://docs.useotto.xyz/llms.txt
> Use this file to discover all available pages before exploring further.

# $OTTO: The Engine of the Agentic Economy

> The $OTTO token is the core utility and governance asset of the entire Otto AI ecosystem. It is designed to capture value from every facet of our platform, from the consumer-facing Co-Pilot to the B2B ACP Swarm, and to empower our community to steer our future.

## The token’s utility is built on three powerful pillars:

### 1. Decentralized Governance & Protocol Ownership

The \$OTTO token is your right to govern the future of AI in DeFi. Through our Snapshot-integrated DAO, token holders can:

* **Create Proposals:** Submit strategic proposals to guide protocol development, new integrations, and treasury management.
* **Vote on Key Decisions:** Actively participate in shaping the future of the Otto AI platform and Swarm.
* **True Community Ownership:** We are building a decentralized protocol, and \$OTTO holders are the ultimate arbiters of its long-term direction.

### 2. Platform & Feature Access

\$OTTO is the key to unlocking the full power of Otto AI. Hold 50,000+ \$OTTO to access premium holder benefits:

* **Free Daily Telegram Delivery:** Activate once, then receive the Alpha & Intel Report straight to your Telegram every day — no per-request ACP job needed. [Learn how →](/acp-swarm/market-alpha#2-alpha--intel-report-mega_report---005-usdc)
* Priority access to new agent integrations and beta features.
* Reduced fees on select platform transactions.

### 3. Revenue Share & Value Accrual (The Buyback Engine)

The OTTO token is designed to be a direct beneficiary of the ecosystem's success. A portion of the revenue generated from all sources—including web platform transaction fees and ACP Swarm agent fees—will be used to programmatically buy back OTTO tokens on the open market. This creates a powerful, sustainable flywheel:

> **Platform Growth → Increased Revenue → More Buybacks → Reduced Supply → Increased Value.**

Our ultimate goal is to meet the criteria for and join the Virtuals Agent Liquidity Engine (ALE), a curated group of top-tier, revenue-generating AI projects. This buyback mechanism is the engine that will get us there, ensuring that as Otto's transaction volume grows, the value is consistently driven back to the \$OTTO token and its holders.

### Verified Burns:

* Oct-23-2025: [1,189,480.028 \$OTTO Burned](https://basescan.org/tx/0x430acab117f745f3712e93a300a8c905ed6dd4d6c6031adf5d211f7675d9275b)
* Nov-06-2025: [1,058,634.431394 \$OTTO Burned](https://basescan.org/tx/0x49f41e7bc4360c4ab0728e13f07123e8dc083513fc11a53156a1dbfa96678a51)
* Nov-28-2025: [1,084,403.69089 \$OTTO Burned](https://basescan.org/tx/0xe8a90539776044cb5562800f27b9360d1bb3d2ce495aa2f29e3fd9a690ac486c)
* Dec-23-2025: [900,609.7075 \$OTTO Burned](https://basescan.org/tx/0x16fe76f8cb70dbfa889df36ffbe067e35550eb70eb58097c3793f86f6efc9ae0)
* Jan-06-2026: [416,739.08 \$OTTO Burned](https://basescan.org/tx/0xd931d2ed4f3535a0f2d2ea055b5f836cdb08ecee21a03b659b40354db1c3f2f2)
* Jan-29-2026: [653,165.16 \$OTTO Burned](https://basescan.org/tx/0xa956dda6315f71b309b6f83459ef5e7aeee825254dd8ebf4471e9a56f74063b6)
* Feb-02-2026: [1,655,719.96 \$OTTO Burned](https://basescan.org/tx/0x6e6dc334fc3a2938d2336ce97cb3713f3f2363dbf86a21562d66a31da1ac2021)
* Feb-09-2026: [5,396,869.51 \$OTTO Burned](https://basescan.org/tx/0x4907b1a1c62b08824843338a6bd6ad6e27de0bc393cd1a86930551423a393219) *(includes 4,015,621 unclaimed Season 1 airdrop tokens)*
* Feb-16-2026: [2,010,207.59 \$OTTO Burned](https://basescan.org/tx/0x647ed7bfa15137150cb09c50dfa51f08b369e1607bc187b7161e9919c72b89d4) *(fueled by AGDP activity)*
* Feb-24-2026: [2,850,743.58 \$OTTO Burned](https://basescan.org/tx/0x8562bfe1c27e0b726726dea7638347419e552af784d88edb92bfc98976ce5570) *(largest single revenue burn — ACP revenue + AGDP activity)*
* Mar-05-2026: [2,410,636.92 \$OTTO Burned](https://basescan.org/tx/0x0702d6e6d43515491b39f058e9de426f8bfc0bc7da3a8e857613f9e88e48de91) *(ACP revenue)*
* Mar-11-2026: [2,434,939.95 \$OTTO Burned](https://basescan.org/tx/0x66efd30d01f2a3091a0867c3bce8e478bc7618718501850ce1e370560f28715a) *(ACP revenue)*
* Mar-20-2026: [3,212,446.777 \$OTTO Burned](https://basescan.org/tx/0x978561f80f3024dedceed864309a9ab34c83f16cb61e42c558976e3187b8db81) *(largest single revenue burn — ACP revenue)*
* Mar-25 → Apr-11-2026: [360,876.23 \$OTTO Burned](https://basescan.org/address/0x37DcB399316A53d3e8d453c5FE50bA7f5e57F1de) *(123 on-chain burns from Degen Arena subscription fees, \~2,700–3,000 \$OTTO each)*
* May-12-2026: [1,943,777.27 \$OTTO Burned](https://basescan.org/tx/0x582199256936cb7aa08ca445a455227ad6820eccf0a24f0bcbf406581080e4c8) *(X Layer hackathon reward — full prize bought back and burned)*
* May-14-2026: [1,074,103.19 \$OTTO Burned](https://basescan.org/tx/0x813997afc8d62a4f4c1b1e205d1901771455176ca8a4b64d8c40ab1e9ddf9159) *(Market Alpha aGDP buyback stack — full buyback inventory retired)*

**Total Burned as of May 14, 2026: 28,653,353.08 \$OTTO** (\~8.8% of circulating supply removed forever)

<Note>
  **AGDP Buyback Commitment:** 50% of all AGDP Leaderboard rewards earned by Otto AI agents are allocated to \$OTTO buyback and burn for the foreseeable future.
</Note>

Circulating Supply - API Link
[As of Jul 7, 2026: \~320,853,745 OTTO](https://ottowallet.up.railway.app/api/circulating_supply) *(live figure — the linked API is authoritative)*

## Tokenomics

### \$OTTO Token Distribution

<img src="https://mintcdn.com/ottowallet/kMQ3nSilbJcm61X0/images/image.png?fit=max&auto=format&n=kMQ3nSilbJcm61X0&q=85&s=cf858dafe1087e00c453e233532f3307" alt="image.png" width="791" height="419" data-path="images/image.png" />

| Category                         | Details                                                                                                                                                                                                                                                          | Allocation        |
| :------------------------------- | :--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | :---------------- |
| **Liquidity Pool**               | Fixed Supply                                                                                                                                                                                                                                                     | 14.43%            |
| **veVIRTUAL Airdrop**            | Fixed Supply                                                                                                                                                                                                                                                     | 2.00%             |
| **Virtuals Ecosystem Airdrop**   | Fixed Supply                                                                                                                                                                                                                                                     | 3.00%             |
| **Automated Capital Formation**  | Follows Limit Order Program from 2mn to 160mn FDV 0xe2890629EF31b32132003C02B29a50A025dEeE8a (Managed Exclusively by the Virtuals Team (More Info [HERE](https://whitepaper.virtuals.io/about-virtuals/agent-tokenization-platform-launchpad/team-distribution)) | 25.00%            |
| **Team Initial Buy - Marketing** | 50% tokens immediately released at 16 Nov 2025 05:15pm, 50% tokens immediately released at 16 Dec 2025 05:15pm (0xc8C28fe369855266cE9867010116f6A3C374bF47)                                                                                                      | 11.25%            |
| **Team**                         | 100% tokens released over 6-month from 07 Oct 2026 06:48pm to 06 Mar 2027 06:48pm (0xc8C28fe369855266cE9867010116f6A3C374bF47)                                                                                                                                   | 25.00%            |
| **Sniper Tax Buyback for Team**  | 100% tokens released over 9-month from 17 Jan 2026 12:00pm to 14 Sep 2026 12:00pm (0x73B3C8937919c3ff0A9D44EEec48C46b18201b03)                                                                                                                                   | 8.06%             |
| **Team Initial Buy - Hiring**    | 25% tokens immediately released at 16 Nov 2025 05:15pm, 75% tokens released over 26-week from 16 Nov 2025 05:30pm to 10 May 2026 05:30pm (0xc8C28fe369855266cE9867010116f6A3C374bF47)                                                                            | 11.25%            |
| **Total Supply**                 |                                                                                                                                                                                                                                                                  | **1,000,000,000** |

### \*Sniper Tax Buyback (8.06%)

This allocation represents tokens reclaimed from "snipers" (bots or traders who buy immediately upon liquidity initialization) via high early transaction taxes.

* **Why it is locked:** The lock ensures these recaptured tokens are not immediately dumped back onto the market, preserving price stability.
* **How it is locked (Vesting Schedule):** These tokens are subject to a **time-based linear release**.
  * **Cliff:** Locked until **January 17, 2026**.
  * **Vesting:** 100% of the tokens are released linearly over a **9-month period**, ending on September 14, 2026.

***

## Vesting Schedule

<img src="https://mintcdn.com/ottowallet/kMQ3nSilbJcm61X0/images/Screenshot2025-11-20133333.png?fit=max&auto=format&n=kMQ3nSilbJcm61X0&q=85&s=1187d58c6efe9da8dc5dcc72c4a3bfa8" alt="Screenshot 2025-11-20 133333.png" width="791" height="419" data-path="images/Screenshot2025-11-20133333.png" />

## Launchpad Context: The Unicorn Model

\$OTTO launched on Virtuals Protocol via the **Unicorn** model — a performance-based capital-formation framework that pairs the agent with \$VIRTUAL liquidity and ties team distribution to FDV milestones. The full mechanics (standard distribution, automated capital formation, team vesting, and the optional Team Initial Buy) are generic to the Unicorn model rather than \$OTTO-specific, so they live in the [Virtuals Protocol whitepaper](https://whitepaper.virtuals.io/) — refer there for the canonical detail. The \$OTTO-specific allocation and vesting is the table above.