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1NetswapNETT #3536
20 Jan 2022, 15:59
According to Netswap Litepaper and Liquidity Mining Program doc, in $NETT farming, an additional 10% of each output reward will be issued to the dev team for technical incentives and project maintenance. It can be modified after the opening of Netswap governance.
Netswap values transparency and the voice from our CT, our team will update each usage of this additional 10% farm output.
So how does Netswap team deal with those $NETT?
Our team has withdrawn 80,000 $NETT from this additional 10%, in which 50% are used for project operation fees and members' salaries.
The other 50% has been deposited into the Community Treasury.
👉Check Community Treasury contract: 0x2Dc348972dF99DFf6716007d19368EaAa6e75ED7
$NETT tokens in Community Treasury are not counted into circulation, the team will consider using them according to project operation situations.
After the release of Netswap Governance Module (DAO), the community can vote to decide the usage of Community Treasury.
Litepaper
Liquidity Mining Program doc
According to Netswap Litepaper and Liquidity Mining Program doc, in $NETT farming, an additional 10% of each output reward will
According to Netswap Litepaper and Liquidity Mining Program doc, in $NETT farming, an additional 10% of each output reward will be issued to the dev team for technical incentives and project maintenance. It can be modified after the opening of Netswap governance.
Netswap values transparency and the voice from our CT, our team will update each usage of this additional 10% farm output.
So how does Netswap team deal with those $NETT?
Our team has withdrawn 80,000 $NETT from this additional 10%, in which 50% are used for project operation fees and members' salaries.
The other 50% has been deposited into the Community Treasury.
👉Check Community Treasury contract: 0x2Dc348972dF99DFf6716007d19368EaAa6e75ED7
$NETT tokens in Community Treasury are not counted into circulation, the team will consider using them according to project operation situations.
After the release of Netswap Governance Module (DAO), the community can vote to decide the usage of Community Treasury.
Litepaper
Liquidity Mining Program doc