Protocol Revenue
At Ocelex, we prioritize sustaining project costs and ensuring a robust revenue stream for our DAO and community. This commitment allows us to foster continuous growth and support our vibrant ecosystem. We also use our voting power on core OCX pools to collect bribes and enhance protocol liquidity. Moreover, a portion of emissions is allocated to the treasury for operational needs. This approach helps us maintain long-term viability and prosperity.
Swap Fees
The DAO Treasury holds veOCXtokens to optimize liquidity and collect swap fees. These fees are used for various operational activities, such as OCX token buybacks and burns, bribing core pools, and funding development efforts. This strategic allocation ensures the efficient use of resources to enhance our ecosystem.
Emissions and Treasury Allocation
A 4% portion of the emissions is allocated to the treasury. The OCX tokens in the treasury are used at the team's discretion to support various initiatives, including incentivizing core pools, funding developments, and marketing. The team has the flexibility to allocate these tokens strategically for the benefit of the project and its ecosystem.
oTokenomics
Revenue from oOCX redemptions is strategically allocated to strengthen the Ocelex ecosystem. Typically, Ocelex follows a structured approach, though this may vary depending on market conditions and ecosystem performance. For instance, during a downtrend, a larger percentage may be used to buy back OCX, supporting its price rather than being distributed as USDC incentives or added to the treasury. This flexibility allows Ocelex to adapt and ensure sustainable growth and stability across different market environments. The ideal allocation of oOCX redemption revenue is structured as follows:
30% used to buyback OCX and bribed as bveOCX
30% incentivezed (bribed) as USDC
40% allocated to the treasury for operations and marketing
This strategic distribution ensures a balanced flywheel mechanism, with 60% of weekly oOCX redemptions specifically designated for veOCX voters, thereby fostering a self-reinforcing cycle of growth and participation within the ecosystem.
However we reserve the right to adjust these percentages depending on marketing conditions. In some instances we might allocated the '30% USDC' allocation to be used for the buyback and bribe of OCX.
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