Team Allocation
19% of the total SWPx token supply is designated specifically for core team members of SwapX. This allocation is strategically intended not just as a reward but as a mechanism to closely align the interests of the developers, advisors, and key contributors with the long-term success and vision of SwapX. The team is incentivized to work towards the platform's growth, stability, and the fulfillment of its initial vision:
Interest Alignment: By holding tokens, the team's financial interests are directly tied to the platform's performance. This ensures that the development and strategic decisions made will be in the best interest of the platform and its users, promoting a vision that benefits all stakeholders.
Voting Power Allocation: The voting power associated with this token allocation will be reserved in a manner that drives SWPx emissions towards core ecosystem pools. This strategy is aimed at:
Boosting Liquidity: By directing emissions to key liquidity pools, the team can accelerate the liquidity provision, making trading more efficient and less prone to slippage.
Ecosystem Growth: Increased liquidity and strategic emission distribution can foster broader adoption within the DeFi space, encouraging more projects to integrate with or build on SwapX.
NB: all the team Voting Power allocations are permanently locked and delegated to core team members, remaining permanently under the ownership of the SwapX treasury.