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Treasury

The Hytrade treasury stores all of our platform’s revenue generated from trading fees. These funds will be allocated to the following purposes:

Currently, the Hytrade treasury holds 50% of the supply in our Hytrade Multisig.

We will use it for:

  • Development: Funding for the development of the platform and its features.
  • Points/Rewards: Providing rewards for traders based on trading volume and other on-platform activities.
  • Airdrop: We will airdrop to active HyperEVM community members, as well as other metrics.

The breakdown is as follows:

  • 20% for team development
  • 10% to airdrops
  • 20% to points/rewards

Importantly, the team is commited to never selling the team development funds on the open market. If the team requires funds from this stack, we will instead redirect our revenue generation fees to ‘OTC buy’ it from ourselves, and then burn the treasury tokens that we bought from ourselves.

Information about eligible airdrop addresses, as well as Point Season One will be announced at a later date.

The Hytrade Mutlisig address is: 0x0b413EcdfC7bd7631fE6072E6a6948dB7068724a

The Hytrade Deployer/Treasury Address is: 0x2D169e58E106357ACf33D806Cb4667e2972B62DA

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Tokenomics

Currently, Hytrade has two revenue streams:

  1. Through the liquidity we provide to the LP
  2. Fees generated through platform usage

Both of these revenue streams will contribute to the Hytrade Assistance Fund.

80% of all fees will be continiously used for buybacks on the $TRADE token on the EVM.

In the future, we will transition revenue generation into a staking program for $TRADE holders.