There is only one official $OWA airdrop claim site at https://claim.tapbaseapp.com. Do not trust any other websites.
By participating in the $OWA presale (the "Presale") by claiming tokens or connecting a wallet, you confirm that you have read, understood, and agreed to these Terms in full.
You are solely responsible for deciding whether to participate. Participation is entirely at your own risk.
Introduction
Welcome to the official withdrawal terms for the $OWA token on Owavo.
This page outlines the rules and schedules for claiming your $OWA tokens, whether received through the airdrop campaign or purchased during the presale. By understanding these terms, users can ensure a smooth, secure, and transparent token unlocking experience.
Please read the following conditions carefully to know when and how you can access your tokens, as well as any limits, vesting periods, or requirements associated with each distribution phase.
🎁 Airdrop Unlock Mechanism (1 Billion Tokens)
A total of 750,000,000 $OWA tokens are allocated for airdrops to reward active users and early supporters. The unlocking is designed to protect token value, promote long-term engagement, and reduce market manipulation.
🔓 Initial Unlock
At Token Generation Event (TGE), 30% of the airdrop allocation — 225,000,000 tokens — will be fully unlocked and immediately claimable.
📈 Vesting & Linear Unlock
The remaining 85% — 750 million tokens — will be linearly vested over a period of 9 months (270 days). This ensures a stable and gradual token release aligned with ecosystem growth.
🔥 Early Claim Burn Mechanism
To manage sell pressure, a monthly burn penalty is applied to unvested tokens if users choose to claim early. The earlier the claim, the higher the burn rate — encouraging holders to wait for full vesting.
For example, if a user claims their unvested tokens during the first month, 85% of those tokens will be burned. This burn rate decreases month by month, eventually reaching 10% by months 8–9.
After 270 days, all remaining tokens can be claimed with zero burn.
📊 Burn Schedule
| Day | Burn Amount (on unvested tokens) |
|---|---|
| 0–30 | 85% |
| 31–60 | 75% |
| 61–90 | 65% |
| 91–120 | 55% |
| 121–150 | 45% |
| 151–180 | 35% |
| 181–210 | 25% |
| 211–240 | 15% |
| 241–270 | 10% |
Note: Burn applies only to the unvested portion of airdrop tokens at the time of early claiming.
💡 Why Vesting & Purchase Limits Matter in the $OWA Presale
At Owavo, we’ve structured the $OWA token presale with vesting and wallet-based purchase limits to ensure a fair and sustainable token economy from the very beginning.
The vesting mechanism is designed to discourage short-term speculation and pump-and-dump behavior. Instead of releasing the entire allocation at once, each presale phase includes a partial initial unlock followed by daily vesting. This smooth unlocking process helps maintain price stability, encourages long-term holding, and aligns participants with the project's future.
To further protect the ecosystem from centralization and market manipulation, each wallet is limited to a maximum of 80,000 tokens per phase. This ensures broader token distribution and prevents large-scale accumulation by whales during early-stage fundraising.
These design choices reflect our commitment to decentralization, transparency, and long-term value creation — giving everyone a fair chance to participate while securing the future of the $OWA token.
🟣 Presale Token Unlock Terms
The $OWA token presale is structured into three distinct phases, each with a clear unlocking mechanism designed to ensure fairness and transparency for all participants.
🔹 Phase 1
- Total Allocation: 75,000,000 OWA
- Initial Unlock: 40% (30,000,000 OWA) available immediately upon TGE
- Vesting Period: Remaining 60% (45,000,000 OWA) will unlock over 50 days
- Daily Unlock Rate: 2% per day of the remaining tokens
- Purchase Limits: Minimum 500 – Maximum 80,000
🔹 Phase 2
- Total Allocation: 75,000,000 OWA
- Initial Unlock: 55% (41,250,000 OWA) at TGE
- Vesting Period: Remaining 45% (33,750,000 OWA) will unlock over 25 days
- Daily Unlock Rate: 4% per day of the remaining tokens
- Purchase Limits: Minimum 500 – Maximum 80,000
🔹 Phase 3
- Total Allocation: 100,000,000 OWA
- Initial Unlock: 75% (75,000,000 OWA) at TGE
- Vesting Period: Remaining 25% (25,000,000 OWA) will unlock over 20 days
- Daily Unlock Rate: 5% per day of the remaining tokens
- Purchase Limits: Minimum 500 – Maximum 80,000
🛡️ Notes:
- All unlocks start from the Token Generation Event (TGE) date.
- Tokens will be automatically claimable on the platform as they vest.
- No cliff or lock period is applied before vesting begins.
- Users are encouraged to connect their wallets regularly to track progress and claim unlocked tokens securely.
Your Responsibilities
By participating in the Airdrop, you agree:
- You are solely responsible for any gas fees and taxes
- You must comply with all applicable laws in your jurisdiction
- You will not use VPNs or proxies to bypass restrictions
- Any violation may result in permanent ban from our Services
Eligibility
Eligibility and token allocation amounts are determined solely at our discretion. Different participants may receive different allocations.
We reserve the right to block any user, IP address, or wallet address based on risk assessment.
Important Disclaimers
No Warranty
The Services are provided "as is" without warranties of any kind. We do not guarantee uninterrupted or error-free service.
No Professional Advice
All information provided is for informational purposes only and not professional advice. Consult appropriate experts before making financial decisions.
Limitation of Liability
We will not be liable for any indirect, incidental, or consequential damages arising from use of the Airdrop or Services.
Risk Factors
Participating in the $OWA presale involves significant risks:
- Irreversible Transactions: Blockchain transactions cannot be reversed if made in error
- Market Volatility: $OWA may lose value or become worthless
- Regulatory Changes: Laws may change and impact token utility
- Security Risks: Wallets and tokens may be vulnerable to attacks
- Smart Contract Risk: Immutable contracts cannot be changed if issues arise
Reminder:
Only use the official airdrop site: https://claim.tapbaseapp.com. Beware of scams.