Tokenomics
How LCLAW Powers the Ecosystem
LCLAW is the native token of LiquidClaw. It serves two roles: as a reward for liquidity providers (through emissions) and as a governance token (through veLCLAW locking). The emission model is designed to bootstrap liquidity aggressively in the early weeks, then transition to sustainable long-term emissions.
The LCLAW Token
| Property | Detail |
|---|---|
| Name | LiquidClaw |
| Symbol | LCLAW |
| Standard | ERC-20 + ERC-2612 Permit |
| Chain | Base (Coinbase L2) |
| Decimals | 18 |
LCLAW has no fixed supply cap. Instead, it follows a dynamic emission schedule that adjusts based on the protocol's lifecycle phase.
Emission Schedule
Phase 1: Growth (Epochs 0–14)
Starting emission: 10,000,000 LCLAW per week
During the growth phase, weekly emissions increase by 3% each epoch. This front-loads incentives to bootstrap liquidity when it matters most — during the first weeks after launch. By the end of the growth phase (week 14), weekly emissions reach approximately 15.1M LCLAW.
Phase 2: Decay (Epochs 15+)
Once the growth phase ends, emissions decrease by 1% per week. This gradual reduction prevents runaway inflation while maintaining meaningful incentives for liquidity providers.
Phase 3: Tail Emission
When weekly emissions drop below approximately 8.97M LCLAW, the protocol switches to a tail emission rate of 0.67% of circulating supply per week. This ensures there are always some incentives flowing, even in the long term.
Protocol Allocations
17% of all emissions are allocated to sustain and grow the protocol, split into two transparent categories:
Team — 5% of Emissions
| Component | Detail |
|---|---|
| Rate | 5% of all weekly emissions |
| Liquid (50%) | Available for operations, salaries, infrastructure |
| Locked (50%) | Locked as veLCLAW for 2 years — earns by voting, aligned with protocol |
Ecosystem Growth — 12% of Emissions
| Component | Detail |
|---|---|
| Rate | 12% of all weekly emissions |
| Liquid (50%) | Marketing campaigns, KOL partnerships, bounties, grants, community incentives |
| Partnerships (50%) | Strategic partners choose their preferred structure (see below) |
Partnership Incentive Options
Strategic partners can choose how they receive their allocation:
| Option | Structure | Benefits |
|---|---|---|
| Monthly Vesting | Linear unlock over 24 months (~4.17%/month) | Liquid LCLAW, flexibility to sell or hold |
| Full Commit (veLCLAW) | 100% locked as veLCLAW for 2 years | Boosted APR, 100% of trading fees from voted pools, bribe earnings, anti-dilution rebases, maximum governance power |
Revenue Model
| Source | Detail |
|---|---|
| Swap fees | 0.30% for volatile pools, 0.05% for stable pools |
| Fee distribution | 100% of fees go to veLCLAW voters |
| Protocol fee | 2% of swap fees to the treasury (for operations) |
| Bribe marketplace | Projects deposit bribes to attract votes for their pools |
The model is straightforward: projects need liquidity for their tokens. They pay bribes to attract emissions. Voters earn bribes + fees. LPs earn LCLAW rewards. Everyone wins.
veLCLAW — The Governance Layer
| Lock Duration | Voting Power | Notes |
|---|---|---|
| 1 month | ~0.02 per LCLAW | Minimal commitment |
| 6 months | ~0.25 per LCLAW | Short-term participation |
| 1 year | ~0.50 per LCLAW | Serious governance |
| 2 years | 1.00 per LCLAW | Maximum power, maximum alignment |
What veLCLAW Earns
- 100% of trading fees from pools you vote for
- Bribes offered by projects for your pool votes
- Rebases — anti-dilution rewards that protect your voting share
Core Pools
Live at Launch — Stablecoins & Blue Chips
| Pool | Type | Fee | Status |
|---|---|---|---|
| USDC / USDT | Stable | 0.05% | Deployed |
| ETH / USDC | Volatile | 0.30% | Deployed |
Phase 2 — After Token Launch
| Pool | Type | Fee |
|---|---|---|
| LCLAW / WETH | Volatile | 0.30% |
| LCLAW / USDC | Stable | 0.05% |
| VIRTUAL / WETH | Volatile | 0.30% |
Phase 3 — Ecosystem Expansion
| Pool | Type | Fee |
|---|---|---|
| AI agent tokens / WETH | Volatile | 0.30% |
| Partner tokens / USDC | Volatile | 0.30% |
| Trending tokens | Volatile | 0.30% |
New pools are added as the ecosystem grows. LiquidClaw is permissionless — anyone can create a pool for any token pair on Base.
The Flywheel in Numbers
- New agent token launches on Virtuals or Clanker
- LiquidClaw creates a pool within hours
- Project offers bribes to attract votes to their pool
- veLCLAW voters direct emissions to the pool, earning bribes + fees
- LPs stake in the pool's gauge, earning LCLAW rewards
- Liquidity deepens, trading volume increases, fees grow
- The agent itself talks about the deep liquidity on LiquidClaw, bringing more users
- More LCLAW gets locked, strengthening the flywheel