# HOLI Genesis Allocation Update: Introducing the Pre-Genesis Farm

![Pre-Genesis Farm — deposit today for Genesis allocation](/pre-genesis-farm.png)

We are updating the way HOLI Genesis allocations are distributed.

The original design used a fixed WL (whitelist) system to assign priority allocations before Genesis. Under the new design, these allocations will be distributed through a **Pre-Genesis Farm**, inspired in part by [MCDAO’s launch mechanism](https://www.mcdao.io/app/docs).

The Pre-Genesis Farm gives the community a continuous way to earn Genesis allocation through participation, while preserving additional benefits for existing WL holders.

## Genesis allocation has real economic value

During Genesis, each HOLI requires **1 USDG**.

At the $200,000 Treasury-SHYT Genesis trigger and a fully subscribed 200,000-HOLI Genesis lot, the designed opening HOLI NAV (net asset value) is **at least $2 per HOLI**. A Genesis allocation therefore gives its holder the right to acquire 1 HOLI for 1 USDG while the designed underlying NAV is at least 2 USD.

This makes Genesis allocation a meaningful protocol benefit.

The total protected allocation is limited, so access to that allocation carries real economic value. We want its distribution to reflect participation across the Pre-Genesis period.

## How the Pre-Genesis Farm works

The protected Genesis allocation is represented by a fixed supply of **200,000 OHOLI — Option HOLI**.

OHOLI represents a Genesis purchasing right. During the protected Genesis phase:

**1 OHOLI + 1 USDG → 1 HOLI**

Users earn OHOLI by depositing supported assets into Pre-Genesis pools. Each pool receives a **Genesis Quote**, which determines its share of the total 200,000 OHOLI allocation.

For example:

| Pool | Quote | OHOLI allocation |
| --- | ---: | ---: |
| USDG | 5 | 50,000 |
| SHYT | 10 | 100,000 |
| SHYT-WL | 5 | 50,000 |

The total Quote is 20. Within each pool, users compete for that pool’s allocation based on accumulated time-weighted deposits.

In practice, the allocation depends on:

**capital deposited × time deposited**

A larger deposit earns more weight. An earlier deposit accumulates weight for longer. A longer deposit period also earns more weight.

The final OHOLI allocation reflects each user’s share of the total accumulated weight in that pool.

## WL holders keep additional advantages

Existing WL holders continue to receive additional benefits under the new system.

WL addresses receive a **1.1× farming-weight boost**. With the same deposit amount and deposit duration, a WL user accumulates 10% more farming weight.

The protocol can also create **WL-exclusive pools** with their own Genesis Quotes. These pools are reserved for WL addresses, giving early supporters additional allocation opportunities unavailable to the general public.

WL status therefore carries two concrete benefits:

**1.1× farming weight + access to WL-exclusive pools**

This keeps the advantage of early supporters while allowing the broader community to participate in the Genesis allocation process.

## A more participation-driven launch

The Pre-Genesis Farm distributes Genesis rights continuously throughout the period leading up to Genesis.

Users can join supported pools, provide capital, accumulate weight, and compete for OHOLI allocation. This allows the allocation to reflect participation over time instead of relying entirely on a list determined before launch.

The time-weighted design also rewards early conviction naturally. Someone who participates earlier accumulates more weight over the same amount of capital. Someone who joins later can still compete by depositing more capital.

The result is a dynamic allocation process shaped by both timing and commitment.

## Pre-Genesis participation also accelerates Genesis

Deposits into the Farm carry a deposit fee. As participation grows, these fees accumulate protocol assets.

HOLI Genesis is triggered by protocol conditions rather than by a fixed calendar date, so fee accumulation helps the protocol reach those conditions sooner.

**More Deposits → More Fees → Faster Protocol Asset Accumulation → Faster Progress Toward Genesis**

This creates alignment between Pre-Genesis participants and existing HOLI ecosystem holders. Farm participants compete for valuable Genesis allocation, while their activity helps accelerate the protocol toward launch.

## Turning Genesis allocation into a market for participation

The new design gives Genesis allocation a clearer economic structure. The protocol defines how much allocation each pool receives through its Genesis Quote. Users then compete within those pools through capital and time. WL users receive boosted weight and access to dedicated pools.

OHOLI represents the resulting Genesis purchasing right and can be used during the protected Genesis phase together with USDG.

**Deposit Assets → Accumulate Pre-Genesis Weight → Earn OHOLI → Use OHOLI + USDG → Receive HOLI**

This gives HOLI a launch mechanism where allocation, participation, and protocol growth reinforce each other. The Pre-Genesis Farm distributes a scarce Genesis benefit through measurable participation while helping HOLI reach Genesis faster.

For the exact Farm contract rules—including fees, finalization checks, claims, and public Genesis—see [Pre-Genesis Farm](/launch/pre-genesis-farm) and [Genesis & Opening Balance Sheet](/launch/opening-balance-sheet).