--- description: --- # OCEAN: The Ocean Token OCEAN is a utility token. It's used to stake on data for curation, buy & sell data, and more. Its supply is disbursed over time to drive near-term growth and long-term sustainability. **Contents:** - [Getting and storing OCEAN](#getting-and-storing-ocean) - [Staking OCEAN](#staking-ocean) - [OCEAN supply](#ocean-supply) - [Token design](#ocean-token-design) - [OCEAN addresses](#ocean-addresses)
### Getting and Storing OCEAN OCEAN is available on most leading CEXes and DEXes. The [Ocean Token page at oceanprotocol.com](https://oceanprotocol.com/about-us/ocean-token) has details. The [Wallets User Guide](../user-guides/wallets/README.md) here in Ocean docs shows how to set up wallets and store OCEAN. ### Staking OCEAN You can lock OCEAN and earn rewards via [Ocean Data Farming](../data-farming/README.md). ### OCEAN supply Total # tokens: 1.41B. All tokens are minted; all control is [revoked](https://blog.oceanprotocol.com/control-over-the-ocean-contract-to-be-revoked-soon-overview-6c5b15be2db). OCEAN supply is divided as follows: - 51% (719.1M OCEAN) - to Data Farming and incentives programs. Distributed via vesting: burn-in period then 4-year half-life. For details, see section 5.1 "OCEAN Emissions Schedule" of [Data Farming Main](https://blog.oceanprotocol.com/ocean-data-farming-main-is-here-49c99602419e#5a8f). - 15% (211.5M OCEAN) - to Ocean community (grants, more) and foundation operations. - 10% (141.0M OCEAN) - to the founding company, and in turn to its investors, employees & operations - 24% (338.4M OCEAN) - to token acquirors. This completed in early 2019. All acquiror vesting is complete as well. ### OCEAN Token Design The system-level design of the OCEAN token is based on [The Web3 Sustainability Loop](https://blog.oceanprotocol.com/the-web3-sustainability-loop-b2a4097a36e), a general design pattern. The Ocean-specific version of this design is described in [section (7) of that same article](https://blog.oceanprotocol.com/the-web3-sustainability-loop-b2a4097a36e#e0f6). This design gives flexibility to adapt the Ocean products for traction and growth. The flexibility is due to the goal to "drive network revenue", subject to the constraints of the mission & values of Ocean Protocol.
### OCEAN addresses The "root" OCEAN token is deployed on Ethereum mainnet with address [`0x967da4048cd07ab37855c090aaf366e4ce1b9f48`](https://etherscan.io/token/0x967da4048cd07ab37855c090aaf366e4ce1b9f48). The OCEAN token has bridges to several [other chains](networks/README.md). It has a unique address on each chain.
OCEAN address per chain: (expand me)
Network name Contract Address Symbol Decimals
Mainnet 0x967da4048cD07aB37855c090aAF366e4ce1b9F48 OCEAN 18
Polygon
(ex Matic)
0x282d8efCe846A88B159800bd4130ad77443Fa1A1 mOCEAN 18
BNB
BNB Smart Chain
0xdce07662ca8ebc241316a15b611c89711414dd1a OCEAN 18
Oasis Sapphire 0x39d22B78A7651A76Ffbde2aaAB5FD92666Aca520 OCEAN 18
Optimism 0xf26c6c93f9f1d725e149d95f8e7b2334a406ad10 OCEAN 18
Görli 0xCfDdA22C9837aE76E0faA845354f33C62E03653a OCEAN 18
Mumbai 0xd8992Ed72C445c35Cb4A2be468568Ed1079357c8 OCEAN 18
Sepolia 0x1B083D8584dd3e6Ff37d04a6e7e82b5F622f3985 OCEAN 18
Oasis Sapphire Testnet 0x973e69303259B0c2543a38665122b773D28405fB OCEAN 18
---- _Next: [Networks](networks/README.md)_ _Back: [What can you do with Ocean?](benefits.md)_