# $OLA

$OLA is an ORC-20 token issued by ORCMarket. It serves as a utility token within the ORCMarket ecosystem.

## Token info

```html
Ticker: OLA

Inscription: 47669006

Supply: 21000000

Decimal: 18

Upgradeable: no

```

## Token Distribution <a href="#ff35" id="ff35"></a>

### 95.24% to ioo participants

20000000 $OLA, allocated to IOO participants

### 2.86% Burn

600000 $OLA, burned after deployment.  [VIEW](https://ordinals.com/inscription/47676104)

### 1.9% to team&#x20;

400000 $OLA, allocated to team.&#x20;

###

## $OLA Utility

* Priority Feature Access
* Fee Discounts
* More Features

## Buyback & Burn:

We are initiating the buyback plan for $OLA!

### Rules:

1. We will initiate an OTC Contract for the $OLA buyback, setting a maximum limit of 100,000 ORC per contract with a one-month deadline.
2. Upon the completion of each 100,000 ORC buyback, a new OTC contract with the same maximum limit will be promptly launched.
3. If the OTC contract is not executed within one month, we will initiate a new OTC contract with a maximum limit of 100,000 ORC after the deadline.
4. All revenues generated from the marketplace will be directed to **bc1pv4hl0d2nltrp5vpt4wf0s3r8u4vnjcr89lhmukwc2jq689xhe8js9mhajc** We will use the revenue to directly purchase $ORC from the marketplace and then use $ORC to buy $OLA.
5. All $OLA will be burned.

All data will be transparently displayed in the document.
