9. sFund – The Splenex Fund

What is sFund?

Splenex Fund is the staking and royalty distribution layer: token holders stake SPX to earn a share of protocol revenues.

Revenue Sources:

• Swap fees from Cross-Chain Swap.

• Liquidity pool incentives.

• Collateral engine operations.

• Future products (synthetics, derivatives, yield modules): diverse revenue streams feed into sFund.

How It Works (User View):

1. User stakes SPX tokens into sFund.

2. Staked tokens secure the network + liquidity engine.

3. Revenue generated from Splenex operations is pooled.

4. sFund distributes royalties to stakers, proportionate to their stake: simple staking model with direct revenue share.

User Benefits:

• Passive income (royalties).

• Governance access (vote on fund allocations, upgrades).

• Long-term value capture as Splenex adoption grows: stakers benefit as the network scales.

Developer/Protocol Integration:

• API Hook: sFund.stake() and sFund.unstake().

• Royalty Tracking: sFund.royalties() endpoint for real-time data.

• LP Modules: integrate staking into yield strategies: devs can build on sFund.

Tokenomics Connection:

• Staking Incentive: Locking SPX reduces supply.

• Revenue Distribution: Splenex → sFund treasury → staker royalties.

• Governance Power: Stakers propose/vote on fund use.

Security Model for sFund:

• Non-Custodial Staking via smart contracts.

• Royalty Distribution with zk-rollup verification.

• Slashing for validator misbehavior.

• Regular security audits: ensures user funds remain secure.