๐ฒPROTOCOL REVENUE
An important part of any project is the ability to sustain it's costs. Velocore has put a good amount of thought into making sure that the team, and community has a sustainable source of revenue.
SWAP FEES
All trading fees from liquidity pools that don't have gauges will be sent to the tank
. Once a gauge is created for a particular pool, this feature is disabled. These fees will be used at the discretion of the team to do various things, ie $VC
buybacks and burns, bribe various core pools, pay for developments...
PROTOCOL OWNED LIQUIDITY
Through the initial liquidity-providing $VC
pool, Velocore does not generate any revenue. There will be no emissions, and once the purpose is achieved, the tokens will be burned
TEAM EMISSIONS
4% of the emissions are sent to the treasury. These $VC
tokens will be used for various things at the discretion of the team to do various things, ie $VC
buybacks and burns, bribe various core pools, pay for developments, add to team member voting power...
TEAM VOTING
Each team member has their own personal $veVC
and they can vote as they please to attempt to generate their own source of income.
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