REVANOMICS: Optimized Tokenomics for Revault Network

Dear Revault Community,

We are pleased to present a formal proposal outlining the necessary changes to implement the updated tokenomics for Revault Network. This proposal is a summary of the detailed Medium article, which can be found at https://medium.com/quantum-economics/revanomics-579996078669. We kindly request that all community members read the article before casting their votes.

Summary of Proposed Changes:

Emission Halving Date: Bring forward the emission halving date from August 4th, 2023, to immediately after the proposal's acceptance.

Platform Fee and Success Fee: Approve a 0.75% platform fee and a 4% success fee on vault profits. These fees will contribute to the sustainability and ongoing operations of the platform.

Transactional Tax: Re-implement a 5% tax on buy/sell transactions. The tax will be evenly split among five beneficiaries, including the Treasury, Burn, LP, Staking Pool, and Foundation wallets - 20% to each.

Emission Allocation Adjustment: Amend the emissions percentages, allocating 41.67% to TVL Vaults and 25% to LP Vaults. This adjustment aims to optimize platform usage while incentivising liquidity provision.

Emission Allocation Ratios: Change the emissions allocation to TLV vaults across BSC and FTM to an 80/20 ratio, respectively. This adjustment aligns the emissions with the TVL on each chain and incentivizes investment in both platforms.

Voting Requirements and Implementation:

The success of the updated tokenomics proposal relies on the implementation of all the outlined changes. Therefore, it is crucial to vote on the proposal as a whole rather than on individual items. We require a 2/3 majority vote, or 66.67% or higher, to implement these changes and move forward with the optimized tokenomics.

Conclusion:

We believe that these proposed changes will significantly enhance the sustainability, value, and long-term growth potential of Revault Network. By actively participating in the voting process, we can shape the future of our platform and create a stronger ecosystem for all community members.

Thank you for your attention and continued support.

Best regards,

Matt Rich CEO - Layered Cake