πͺBVAULT 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
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
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
BVAULT does not represent equity or ownership in BitVault, BV Labs Ltd., or any affiliate. It does not represent profit-sharing rights, dividends, partnership interests, or debt. Token value and returns are not guaranteed. Token distribution and vesting may change via governance.
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