For nearly two years, the SwissBorg community has actively participated in decisions regarding the allocation of a multi-million euro BORG token pool. This program has been a cornerstone of collaboration, empowering members to directly shape SwissBorg’s ecosystem. Now, in response to the overwhelming enthusiasm, we’re amplifying its impact.
Key Achievements to Date
- 10 million BORG repurchased from the market
- 2 million BORG permanently burned
- Over 75,000 rewards distributed
- Three vaults created for members to lock tokens and earn rewards
- Two advertising campaigns were funded, resulting in over 5,000 new installs
These milestones are a testament to the strength of our community and the collective progress we’ve made. Together, we’ve built a strong foundation for an even brighter future.
Upcoming Enhancements
- In-App Voting
We have just integrated governance features directly into the SwissBorg app, making participation more accessible and convenient.
- Increased Voting Opportunities
The frequency and significance of community is rising, enabling more impactful decisions.
- Enhanced Rewards
As decided in November 2024, BORG holders will now receive ecosystem rewards, recognizing loyalty. Although not directly tied to governance, this topic will be explored further in this article.
Technical Updates
BORG Locking Mechanism
A new BORG locking feature is being developed and will allow community members to lock their tokens, with a 14-day cooldown period to unlock them.
Upon its release in March 2025, the Borger Journey will adapt and heavily incentivise locking tokens to have a stronger voice in our governance model. BORG tokens locked inside premium or vaults will count for more than roaming BORG.
However, as the later ways of locking tokens already offer some form of return or benefit, they will be calculated differently than our to-be locking mechanism.
Voting Rewards
Rewards will be calculated using the Borger Score at the time votes close and the frequency of participation.
Example Calculation:
Silvan has participated 4 times out of 5 votes this quarter and averaged 12,000 of Borger Score. His seasonal score is: 4 * 12,000 = 48,000 points. If the total reward pool is €20,000 and the community accumulates 1,000,000 points, Silvan’s share of the rewards is: 48,000 / 1,000,000 = 4.8% of the pool. Silvan would receive 4.8% of €20,000, which equals €960.
(please note this is an unrealistic example and Silvan should not expect such returns)
The Sustainability Score
Our governance reward pool reflects not just participation but also a commitment to financial sustainability. The Sustainability Score is a metric tied to SwissBorg’s profitability, determining how much is contributed to the reward pool. It’s a dynamic system that ensures the program remains impactful while being financially responsible.
How the Sustainability Score Works
- The score ranges from 1 to 10, dictating the BORG token buyback amount, which can range between 30,000 and 450,000 € per quarter.
- The score is influenced by SwissBorg’s overall financial health and profitability metrics:
- Higher profitability leads to a higher score, allowing larger buybacks to enhance rewards.
- Modest profitability adjusts the score to maintain balance without overextending resources.
- An independent 125,000 € is allocated quarterly for BORG buybacks for the next three years, regardless of the sustainability score.
Pool Usage Formula
The Guardian’s pool allocation uses the following structure:
- A base allocation of 7.5% is combined with the Sustainability Score value.
- For example, if the Sustainability Score for a given period is 5, the total allocation for rewards becomes: 7.5 + 5 = 12.5%
- With a current pool of approximately 11 million BORG, this would allocate 1.4 million BORG to the Guardian’s session.
If ecosystem rewards are decided to be added, they would be added on top of that. There is no guarantee or predictability for those, however.
Pools Sizes - Status update:
SwissBorg’s latest vote has resulted in a diversified reward pool, comprising:
- USDC: 1,469,000
- BORG: 11,563,223
Additionally, governance rewards will include:
- XBG: 7.5% of the total supply
- GAL: 5% of the total supply
- AGORA: 5% of the total supply
- BORGY: 50% of the total supply
Tokens will be distributed at SwissBorg’s discretion, ensuring minimal impact on market prices while rewarding loyalty to BORG holders.
Long-Term Vision
Loyalty is at the heart of our vision. By holding BORG tokens, using the SwissBorg app, and contributing to our community, members play an active role in shaping our ecosystem. We want to reward these contributions in ways that are transparent, impactful, and aligned with the community’s values.
Step by step, with your input, we ’ll simplify and refine the Borger Journey, Guardians and our other programs so that governance, rewards, and benefits all work in harmony. Our goal is to create a system where every action—from voting to staking—adds value to your experience and strengthens the SwissBorg ecosystem.
Conclusion
SwissBorg Governance is more than a tool; it’s a partnership with our community. For nearly two years, you’ve helped us build a program that empowers individuals to actively shape the future of the SwissBorg ecosystem. And this is only the beginning.
By making governance more accessible, boosting rewards, and aligning our programs, we’re creating an ecosystem where everyone has a voice and every contribution matters. Together, we’re not just building a stronger SwissBorg; we’re defining what it means to be part of a truly community-driven ecosystem.
As we embark on this next chapter, we invite every Borger to take part, make an impact, and help us pave the way for a more collaborative future.
