Revenue Streams
How Project X generates sustainable revenue
Project X has designed multiple revenue streams to ensure sustainable growth and value accrual for token holders. These diverse income sources provide stability and resilience to market fluctuations.
The $XGODS token implements a 1% transfer fee on all transactions, enabled by the Token-2022 program on Solana. This fee is automatically collected and contributes to protocol revenue.
Project X allows users to lease DeGods NFTs from the vault for temporary use, generating rental income. The leasing system uses Solana's freeze delegation to ensure NFTs remain securely in the borrower's wallet during the lease period.
Project X includes an integrated token swap interface that charges a small fee on each transaction. This fee is split between the protocol and liquidity providers.
The vault generates yield from various DeGods ecosystem activities, including staking rewards, airdrops, and participation in raffles and events.
Users can swap their DeGod NFTs for ones in the vault, paying a small protocol fee for the service. This creates a unique revenue stream while providing value to both the protocol and users.
Project X is actively developing additional revenue streams to further diversify income and increase value for token holders.
All revenue generated by the protocol is allocated according to the following distribution to ensure sustainable growth and value accrual for token holders.
Used to acquire additional DeGods NFTs, increasing the backing value of each token.
Used to buy back and burn $XGODS tokens, creating deflationary pressure.
Distributed to token stakers as rewards, incentivizing long-term holding.
Held as a reserve for operational expenses and market stabilization.
Used to fund ongoing development and new features.
Based on current growth rates and planned feature releases, we project the following revenue growth for Project X.
| Time Period | Monthly Revenue | Annual Revenue | Growth |
|---|---|---|---|
| Current | 100 SOL | 1,200 SOL | - |
| Q3 2023 | 150 SOL | 1,800 SOL | +50% |
| Q4 2023 | 225 SOL | 2,700 SOL | +50% |
| Q1 2024 | 300 SOL | 3,600 SOL | +33% |
| Q2 2024 | 375 SOL | 4,500 SOL | +25% |
Key Growth Drivers
- • Increased token trading volume as user base grows
- • Expansion of NFT leasing program with more DeGods available
- • Launch of new features like NFT-for-NFT swaps and fractionalization
- • Integration with additional DeFi protocols and marketplaces
- • Growth of the DeGods ecosystem and floor price appreciation