Swapsicle 2025
2024 has been filled with changes for Swapsicle & Robinos, as both teams came together around this time last year, and now, we're excited to show everyone what we have for Swapsicle in 2025!
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Deflationary $SLUSH - on a rocket 🚀
The SLUSH and ICE deflationary tokenomic has been very beneficial for all our holders, and of course Swapsicle so far. The health of our tokenomics also reflects on the status of Swapsicle itself.
After careful considerations, we've decided to reduce the total possible supply of $SLUSH from 25 million to 1 million.
Most of the supply is held in various multisig wallets for various purposes, such as marketing, partnerships, etc. And they have now been burned during the new year campaign, ensuring that no emissions from the team will be possible.
We're able to make this decision as Swapsicle do not require the release of more $SLUSH for purposes like marketing, development, and partnerships. At the end of the day, it will be the community who suffers when we release allocated tokens for such purposes.
The team will retain the liquidity holdings, and farm rewards, which is included in the 1 million $SLUSH supply moving forward.
Total possible supply reduced from 25m to 1m
Existing team holdings to be only for liquidity & farm rewards
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Community Vault 🧊
Speaking of supply reduction - CV in 2024 alone has absorbed at least 14,000 $ICE, 1.4% of the new supply. This means that the total possible supply is further reduced to 986,000 from the 1 million.
Community Vault has been a revelation for Swapsicle and our community in 2024. The FOMO, the fun, and also some disappointment for those who missed those lucrative rounds of up to 6.66x on Mantle.
CV will continue on Telos in 2025, with rewards funded by our SwapsicleDEX BP on Telos. Do remember to vote for us on Telos if you'd like CV to go on!
Community Vault has absorbed at least 13,000 $ICE since the beginning - they will be burned from the 1m circulating supply
CV will continue on Telos, funded by our SwapsicleDEX BP on Telos. So users in Telos can expect CV to continue in 2025!
CV was a revelation in 2024 - we'll be looking to develop similar products again that can engage the community more, having fun, and benefitting everyone's bag!
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What's next for Swapsicle?
Swapsicle x Robinos 🫱🏻🫲🏻
Using concentrated liquidity(CLAMM), Swapsicle will support Robinos in creating a more robust prediction platform, allowing users to swap their predictions after sales and during the event!
ALMs & Algebra 🪄
We'll be looking to bring in more ALM solutions for our users - stay in range with reasonable yield
Our existing partnership with Algebra will also enable us to adopt new features rolled out by Algebra in the future!
$SLUSH & $ICE 🔥
The $SLUSH supply reduction means that the Swapsicle team won't be unlocking/releasing excess $SLUSH into circulation for various purposes - other than farm rewards
Unlocking tokens can potentially be harmful to our community, and, since we feel that we don't need it, we had decided to burn the excess 24m in supply
Rewards - Farms, ICV, CV, and more! 💰
With the supply reduction, using $ICE/$SLUSH as rewards will not be feasible long term, and so, using real yield as strategy will need to be implemented on Swapsicle in the future
Starting 2025, all revenue received on Swapsicle will be shared with the community in various forms, from ICV, to CV, and eventually, farming rewards
We'll be looking to explore the synergy between ICV, CV, and farms to improve the overall farming experience within Swapsicle, making it a fair game for everyone!
We'd also like to take this opportunity to wish everyone a happy 2025 ahead! Thank you for being in this journey with us!
2025 will be an exciting one for the Swapsicle & Robinos community! Stay tuned for more updates on Q1! 🎇