On-chain SX Treasury
The vast majority of treasuries associated with public blockchains are opaque and run by centralized entities such as corporations (BlockOne) or foundations (Ethereum Foundation). Token holders have no rights nor say in the direction of these treasuries, nor do they benefit directly from the profits of any investments.
SX Network is natively integrated with the SX on-chain treasury, giving SX holders complete control and transparency into its operations. The SX treasury is extremely well-funded, with 55% of all SX token supply vesting to the fund over the next four years, which is equal to approximately $250m USD at current market prices. It will be used to fund initiatives such as:
  • Liquidity mining programs for applications running on-top of SX Network. This is particularly beneficial for projects that donโ€™t yet have a token live or have tokens with relatively low market caps. It will also help incentivize other projects with established user bases to deploy on SX Network.
  • Promotional programs to bring users from other communities to the SX Network community. Promotional campaigns can include airdrops, paid media, influencer marketing, etc.
  • Technology development such as protocol parameter changes, blockchain research, or supporting application development.
The SX Treasury can fund liquidity mining, promotional campaigns, technology development, and more
Last modified 6mo ago
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