# VCX

## VCX Distribution

<figure><img src="https://384295866-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FDCUWGERi18R9emmxWwO2%2Fuploads%2FPbwekvASAB9Nj28BosCZ%2FToken%20Distribuition.png?alt=media&#x26;token=a7f0c8ab-3521-4751-907a-738c1e1af7bf" alt=""><figcaption></figcaption></figure>

<table data-full-width="false"><thead><tr><th>Category</th><th>Amount</th><th>%</th></tr></thead><tbody><tr><td>Liquidity</td><td>75,000,000.00</td><td>7.50%</td></tr><tr><td>Partner incentives</td><td>100,000,000.00</td><td>10.00%</td></tr><tr><td>Fundraising</td><td>125,000,000.00</td><td>12.50%</td></tr><tr><td>Burn matching</td><td>100,000,000.00</td><td>10.00%</td></tr><tr><td>oVCX emissions</td><td>100,000,000.00</td><td>10.00%</td></tr><tr><td>Team</td><td>120,000,000.00</td><td>12.00%</td></tr><tr><td>General Public</td><td>379,996,998.20</td><td>38.00%</td></tr></tbody></table>

### **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.&#x20;

**Partner Incentives**&#x20;

Treasury funds reserved for oVCX redemptions for assets issued through the [VaultCraft Partner Progam](https://docs.vaultcraft.io/welcome-to-vaultcraft/partner-with-us/vaultcraft-partner-program) 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](https://docs.vaultcraft.io/tokenomics/vcx/treasury-burn).

### **oVCX emissions**

VCX loaded into the oVCX redemption smart contract to fulfill redemptions from gauge emissions.&#x20;

### **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***

{% content-ref url="vcx/old-pop-tokenomics" %}
[old-pop-tokenomics](https://docs.vaultcraft.io/tokenomics/vcx/vcx/old-pop-tokenomics)
{% endcontent-ref %}
