🪙Treasury

Contribute Now for Long-Term Incentives

Treasury Mechanism Overview

The Blastex Treasury mechanism is a unique feature that allows you to contribute any amount of tokens from those available in your account to enjoy additional rewards on these tokens every 5 days, depending on the Blastex TVL of the project. This system is similar to providing liquidity on DEXs, where, by contributing liquidity, you're eligible for a % of the rewards proportional to your contribution to the overall liquidity.

Key Points to Understand

Before participating, there are several critical aspects to consider:

Irreversible Token Contribution Tokens sent to the Treasury cannot be retrieved.

Epoch Duration The Treasury features Epochs, and each Epoch lasts for 5 days.

Token Reduction The amount of your tokens in the Treasury decreases at a rate of 1% to 20% per Epoch.

Reward Calculation Rewards per Epoch can range from 0.5% to 5% of the total Blastex TVL.

Claiming Rewards You need to claim your rewards once an Epoch ends. You have 5 days to do so before the new Epoch ends.

Unclaimed rewards will be returned to the Blastex liquidity pool.

How It Works

Consider the following example to understand the mechanics:

Let's say the Treasury currently holds 900,000 BLASTX tokens. You decide to contribute an additional 100,000 BLASTX tokens, bringing the total in the pool to 1,000,000 BLASTX. Consequently, your share of the total tokens is 10%. If the Blastex TVL is equivalent to 100 ETH, and the reward % for the current Epoch is set at 1%, then the total reward for this epoch will be 1 ETH. Based on your contribution, your reward would be 0.1 ETH (1 ETH * 10%).