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Ownership and Revenue

Status: Planned

CAV is designed as the ownership token of Multiswap.

The intended economic rule is direct:

100% of protocol revenue accrues to CAV holders.

There is no team revenue share, foundation override, or separate senior claim on protocol output.

What CAV owns​

CAV ownership is intended to extend across the Multiswap framework rather than one pool. That economic surface can include:

  • multi-asset trading,
  • permissioned or permissionless pool deployments,
  • index and portfolio products,
  • partner integrations,
  • future financial primitives built from the same value-flow framework.

Research directions are not represented here as current revenue sources. Prediction markets, fixed income, derivatives, and insurance risk markets remain research until deployed and documented as products.

Zero team allocation​

The planned distribution includes no team allocation. The team acquires CAV through the market on the same economic basis as other holders.

This removes the conventional founder-token cliff and avoids a second ownership class with an advantaged cost basis.

Revenue, not emissions​

CAV is not designed around inflationary staking rewards. Yield is intended to come from protocol activity and to be paid in the assets that generated it.

That separates two concepts often blurred in DeFi:

  • revenue: value produced by use of the protocol;
  • emissions: new tokens issued to subsidize participation.

The CAV model is built around the first.

This page describes intended economics. Exact launch contracts, distribution terms, and production revenue flows will supersede this description when published.