Treasury Growth

Velocity's native app ecosystem is designed to contribute to the longevity of the protocol, ensuring sustainable and incentive-driven growth of the developer base. The fees, derived from the following sources, are governed by VLCT stakers that secure the network.

The fees accumulate in the treasury from the following sources.

• Transaction Fees

The protocol generates BTC fees from network gas payments. BTC as network fee makes the network more accessible and decentralized.

• Domain Mints:

Velocity provides .btc wallet domains on the native Bitcoin network, through imprints on Satoshis. The Protocol provides Bitcoin’s first cloud solutions to turn .btc domains into commercially capable websites.

• Domain Renewals:

Domains are subscriptions, and hence require an annual renewal. They can alternatively be purchased permanently through a “net present value” calculation.

• Concierge

Certain .btc domains may already be purchased but sought after by new buyers. Velocity app provides a specialized concierge service to broker such arrangements.

• Hosting

A .btc wallet domain can be used for purely transactional purposes, or also for commercial purposes such as a website. Velocity app provides the first-ever solutions to turn wallet domains into functional websites.

• App Builder

Velocity app offers proprietary technology to turn Bitcoin wallet addresses into brand names for functional mobile apps and websites.

• Payment Gateway

Velocity app provides cryptocurrency and fiat payment gateways to commercial operators of .btc domains, enabling the commercial boom of the Bitcoin-based domains.