Tokenomics

Governance token (SWAY)

SWAY is a DAO governance token. Use it to directly participate in voting on proposals on the Swayed Platform. We will drive development by engaging the community and paying them through withdrawals from the DAO. We propose resolutions that all token holders can vote on. The majority of the tokens are held in the DAO's treasury, while only 10 percent of the total supply is held by the team.

We lock a majority of the token supply in the DAOs treasury. This means all withdrawals must go trough a resolution (vote). There is also a limit (1% TVL) on how much can be withdrawn on each proposal. This protects against a sudden influx of coins to the market.

Initial DAO treasury will be 75% of total supply.

75% - DAO Treasury (locked)

10% - Team

10 % - Community

5 % - Liquidity (locked)