Value DeFi: Progress Update
For Value DeFi to progress further, we have been in contact with Venture Capitalists (VCs) for their assistance in bringing more attention to our project. Therefore, we have slightly increased vBSWAP emissions that go to the Reserve Fund for an additional 5% specifically for strategic partners. The new fee structure is as follows:
For those who don’t know, the Value DeFi core team created a vested Dev Fund when the project first began. Initially YFV, the Dev Fund was set at 7% of all emissions. YFV originally had a total supply of 21m Tokens (which was later burned). 7% of 21m is 1.47mil YFV tokens, which was vested evenly every block over 1 year.