πŸͺ™BVAULT Token

Governance and utility token for BitVault

BVAULT is the governance and utility token of BitVault. It lets holders shape risk parameters and protocol direction.


Overview

BVAULT aligns incentives across the ecosystem:

  • Governance: vote on protocol decisions

  • Incentives: rewards for participation and liquidity

  • Utility: access to premium features and enhanced rates

  • Alignment: tie long-term stakeholders to protocol success


Use cases

Protocol governance

BVAULT holders can propose and vote on:

  • Protocol parameters (LTVs, liquidation thresholds, circuit breakers)

  • Collateral policy (new BTC variants, tokenized equity issuers, whitelists)

  • Fees (mint, redeem, borrow, liquidation penalties)

  • Revenue allocation (treasury, buybacks, grants, strategy fees)

  • Strategic decisions (partners, custody, cross-chain expansion, upgrades)

Governance process (typical)

  • Proposal submission (threshold example: 100,000 BVAULT)

  • Discussion period (7 days)

  • Voting period (5 days)

  • Timelock (48 hours)

  • Execution via governance contracts

Collateral whitelist voting

Tokenized equities typically require extra diligence:

  • Issuer approval (regulatory status, security review, track record)

  • Asset whitelisting (liquidity, market cap, volume)

  • Risk parameters (LTV, concentration limits, liquidation thresholds)

  • Ongoing monitoring and potential removal

BTC variants can also require:

  • Wrapper/bridge security review

  • Exotic BTC complexity and oracle reliability

  • LST protocol security and slashing risk


Liquidity mining incentives

The protocol may allocate BVAULT to liquidity providers. Typical pools:

  • bvUSD/USDC (Uniswap V3)

  • bvUSD/USDT (Uniswap V3)

  • bvUSD/ETH (Uniswap V3)

  • BVAULT/ETH (Uniswap V3)

  • sbvUSD/bvUSD (Curve)


Fee sharing

BVAULT staking may receive protocol revenue share. Sources can include:

  • Minting fees

  • Borrow interest

  • Redemption fees

  • Liquidation penalties

  • sbvUSD management / performance fees (if governance-approved)

Mechanics and rates are governance-controlled. They may change over time.


Tokenomics

Category
Allocation
Vesting

Core contributors

25%

1-year cliff, 1-year linear

Investors

20%

1-year cliff, 1-year linear

Treasury

35%

DAO-controlled

Ecosystem, marketing & liquidity

20%

Various schedules

Treasury uses can include:

  • Engineering and audits

  • Legal and compliance

  • Strategy development

  • Partnerships

  • Emergency reserves


Token details

Property
Value

Token name

BVAULT

Standard

ERC-20

Chain

TBA

Total supply

1,000,000,000

Initial circulating supply

TBA

Governance

On-chain voting

Staking

Available


Disclaimer

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