$L4VA Utility

Overview of the main utilities of the $L4VA Token.

3 Key Utility Types

1. Governance: The L4VA token will be the token by which the governance of the L4VA Protocol is managed, with key decisions about the future of L4VA being decided by votes cast with holders of the L4VA token.

2. Fee Token: Fees generated from the L4VA protocol will either be paid in L4VA token or in ADA and then be spent to purchase L4VA token for payment of fees. The initial fee paid upon Vault lock (3%) will go to purchase L4VA from the open market, driving the price of L4VA higher, and then will be sent to:

   1. 25% -> L4VA Causes DAO wallet

   2. 25% -> Burned

   3. 50% -> L4VA Op-ex Walet

3. Rewards Token: The Protocol will reward Vault Creation participants by distributing pro-rata % of the monthly protocol emission budget to each new vault based on their % of the trailing 30 days new vaults TVL; where participants will receive rewards based on their contributions:

   1. Admin Users (20%)

   2. Asset Contributors (weighted by asset value % owned)

   3. Vault Investors (weighted by ADA invested)