As per the tokenomics introduction, 100 VOX (8,0 % of the initial supply) will be put into the treasury. The function of the treasury is to provide future incentives to depositors in VOX vaults (both public vaults as well as vaults exclusive to POPULI owners). The assets will be secured on a separate wallet, owned by the multi-sig governance wallet. When VOX vaults will be launched later this year (ETA is mid-November) the funds of the treasury will be used to provide initial rewards for the strategies.Profits generated by the vaults will have an estimated 0,45 % fee that will be distributed (allocation details will follow later) between the strategist (performance fee), the development fund and the treasury. Therefore it is foreseen that the treasury will be able to sustain itself after an initial launch period. Additional details about VOX vaults will be available after the start of November.COMMUNITY & MARKETING FUNDAs mentioned in the introduction of the whitepaper, 100 VOX (8,0 % of the initial supply) will be put into the community & marketing fund. The assets will be secured on a separate wallet, owned by the multi-sig governance wallet. The community and marketing fund will be used to provide incentives for community engagement. Community moderators, proposers and bug-finders will be rewarded with VOX from the fund. Additionally, marketing campaigns and grants will be funded from these assets. The community will be able to vote on how to distribute the marketing funds.With the launch of the VOX ecosystem on 13th October 2020, a proposed 25,0 % (25 VOX) of the marketing fund will be used for an initial airdrop for early supporters of the token. Users following our Twitter and Discord accounts will be eligible to receive awards if they complete certain simple tasks to raise community awareness to our project. Please use the links above to find more information about the initial VOX airdrop.DEVELOPMENT FUNDThe development fund will hold an initial 50 VOX (4,0 % of the initial supply) that will be locked by a timelock contract for 30 days. The assets will be secured on a separate wallet, owned by the multi-sig governance wallet. Assets held by the fund will be released after 30 days and will be used to repay costs induced by the creation, development and maintenance of the VOX project. We are all full-time developers & employees and believe that monetary compensation is a valid form of providing motivation to team members so that may be rewarded for the hard work that will be put into this project.
Attention. There is a risk that unverified members are not actually members of the team
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