🍿VCX
A liquidity incentive token
VCX Distribution
Category | Amount | % |
---|---|---|
Liquidity | 75,000,000.00 | 7.50% |
Partner incentives | 100,000,000.00 | 10.00% |
Fundraising | 125,000,000.00 | 12.50% |
Burn matching | 100,000,000.00 | 10.00% |
oVCX emissions | 100,000,000.00 | 10.00% |
Team | 120,000,000.00 | 12.00% |
General Public | 379,996,998.20 | 38.00% |
VaultCraft multisigs
VaultCraftDAO has retained and repurchased approximately 40% of the POP supply and will convert this into VCX. This treasury will be managed via a multi-sig and allocated across the following 4 subcategories:
Liquidity
Treasury funds allocated to providing liquidity directly (from the treasury) and indirectly (through market makers) on Balancer and CEXs.
Partner Incentives
Treasury funds reserved for oVCX redemptions for assets issued through the VaultCraft Partner Progam or other similar programs.
Fundraising
Treasury funds reserved for future fundraising in the form of private or public sales.
Burn Matching
Treasury funds reserved to be burned as oVCX issued through gauges in redeemed, as outlined by the Treasury Burn Program.
oVCX emissions
VCX loaded into the oVCX redemption smart contract to fulfill redemptions from gauge emissions.
Team
Legacy category grandfathered from previous tokenomics. Portions of this allocation are still vesting.
General Public
Publicly-owned, fully-vested VCX. Note that the value of this category will not be definitively known until POP-VCX conversion window has closed.
See below for POP token allocation
🕰️Old POP TokenomicsLast updated