Treasury
30% of SwapX's initial token supply is strategically allocated to the SwapX treasury, with the intent to fuel various aspects of the protocol's development, expansion, and community engagement. This allocation serves multiple critical functions:
Incentives and Partner Protocols: A portion of the treasury will be dedicated to providing grants and voting incentives, supporting partner protocols that can contribute to SwapX's ecosystem through new features, integrations, or complementary services.
Research and Development (R&D): part of the treasury will be used to fund the study, development, and implementation of plugins, which are expected to be a game-changer for SwapX by allowing for more modular, customizable, and efficient DeFi solutions.
Marketing and Community Engagement: the treasury will also finance marketing campaigns to increase awareness, attract new users, and educate the market about SwapX’s features and benefits.
Operational and Miscellaneous Expenses: expenses that contribute to the organic and stable growth of the protocol.
Any tokens that are not immediately distributed serve as a strategic reserve, which can be either reallocated for new grants, partnerships, community initiatives or used in market-making activities or liquidity provision to ensure price stability and ecosystem health.
The treasury allocation serves not only as a financial buffer but as a dynamic tool for SwapX's growth, enabling agile responses to market, tech, and community needs.
90% of the SWPx held in the treasury will be actively managed to remain in veSWPx positions and out of the circulating supply. This ratio may vary depending on the protocol's needs.