BSCSWAP Economics
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The BSCSWAP Collective is based on the idea that healthy public goods create a thriving and valuable ecosystem. The economics of this ecosystem are designed to generate value for three constituencies:
Value accrues to tokenholders through the productive re-deployment of sequencer revenue. Sequencer revenue is primarily directed to fund public goods, which creates ecosystem value and drives demand for blockspace.
Value accrues to contributors and builders directly from retroactive public goods funding and the markets it enables. Builders also benefit symbiotically: it’s better to build in an ecosystem with well-funded tools, education, apps, and infrastructure.
Value accrues to users and community members from ongoing airdrops of BSCSWAP, from project incentives made possible by BSCSWAP ecosystem funding, and from the benefit public goods provide.
BSCSWAP Ecosystem Fund
21%
Providing a source of growth momentum for project construction, the Ecosystem Fund is an active program designed to stimulate the development of the collective ecosystem by providing funding for projects and communities
BSCSWAP Public Goods Funding (BSCSWAPPGF)
25%
BSCSWAPPGF is the main mechanism for BSCSWAP Collective to fully and reliably reward applications and users who have made outstanding contributions
User airdrops
12%
A series of airdrops to reward users for specific helpful behaviors, beginning with Airdrop
Core contributors
19%
The people who’ve been working tirelessly to bring the BSCSWAP Collective into existence
Sugar
10%
investors trader freely and provide liquidity for the trading market
IDO
13%
Provide additional rewards for early communicators, spread BSCSWAP faster, and provide users who are willing to participate in the construction of BSCSWAP with an additional channel to obtain BSCSWAP.
Token Distribution Details
At genesis there will be an initial total supply of 70,000,000 BSCSWAP tokens. The total token supply will deflate at a rate of 2% per year.
64% of the initial token supply (i.e., the aggregate amount of BSCSWAP not reserved for core contributors or sugar xaddies) will be distributed to the community as described above. These distributions will be administered over time by the BSCSWAP Foundation in its role as steward of the BSCSWAP Collective.
In Year 1, 10% of the initial token supply will be made available to the Foundation for distribution. After the first year, token holders will vote to determine the Foundation’s annual BSCSWAP distribution budget. The Foundation expects to seek the following annual allocations:
6th month: 10% of the initial token supply 12th month: 5% of the initial token supply 3rd year: 2% of the initial token supply
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