Assistance Fund
The VEGAS Assistance Fund is the treasury mechanism that powers the long-term sustainability of the platform β protecting the economy, defending $VEGAS, and supporting ongoing growth.
Itβs not just a reserve: itβs a strategic engine for the future of VEGAS.
π§ How It Works
Each week, 37% of all rake collected on the platform β plus any portion of the 30% referral allocation that is not distributed (due to non-referred players or ineligible referrers) β is allocated to the Assistance Fund.
This rake is composed of:
$VEGAS
$HYPE
Stablecoins (e.g., USDT0, USDHL..)
Occasionally other supported tokens
These assets are systematically converted and managed according to a pre-defined strategy designed to optimize long-term utility.
π Conversion Strategy (Inspired by Hyperliquid AF)
To avoid large, disruptive swaps and ensure healthy price action, non-$VEGAS tokens (e.g. USDT0) are DCA'd (Dollar-Cost Averaged) into $VEGAS throughout the week.
Why?
Prevents high slippage and market manipulation
Creates regular, organic buy pressure on $VEGAS
Smoothes volatility, benefiting all token holders
This strategy mirrors the Hyperliquid Assistance Fund model, which has proven highly effective in supporting token price and user confidence.
π§ Allocation Breakdown
Of the 37% allocated to the Assistance Fund:
$VEGAS
70%
$HYPE
30%
All funds are tracked and transparently managed via on-chain treasury dashboards.
π― Core Objectives
Protect the Token: Buy back $VEGAS during market dips to ensure healthy price floors and reduce volatility.
Provide Liquidity: Supply liquidity on DEXs if needed to support a seamless trading experience.
Fund Growth: Use treasury to fund strategic partnerships, feature development, or marketing campaigns that expand the VEGAS ecosystem.
Build Trust: Create confidence for long-term holders by ensuring the protocol has a solid reserve backing.
π Treasury Transparency
We believe in radical transparency.
The Assistance Fund wallet and its historical transactions are available for anyone to view via our Treasury Dashboard (coming soon).
This includes:
Current balances
Conversion logs (DCA activity)
Past buybacks and liquidity operations
Detailed inflow/outflow reports
π‘οΈ Summary
The VEGAS Assistance Fund is the backbone of protocol stability.
At least 37% of all rake fuels the treasury
Strategic conversion protects price and creates sustainable buy pressure
All operations are tracked transparently
No token emissions: all funds come from real, organic revenue
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