1) Protocol-managed liquidity as a strategic lever
A significant portion of the 0Fx maximum supply is allocated to support the primary liquidity infrastructure (0Fx / wstETH pool).
This protocol-managed liquidity provides the ecosystem with:
strong early-stage market accessibility,
a capital-efficient bootstrapping mechanism,
and a long-term strategic lever governed by the community.
2) Liquidity allocation flexibility (governance-controlled)
Because protocol-managed liquidity represents a large supply share, the ecosystem has meaningful flexibility over time.
Subject to governance decisions, the protocol can:
reallocate part of the liquidity supply,
reduce it progressively as external liquidity grows,
or apply supply adjustments (including partial burns), depending on ecosystem strategy.
All such actions are intended to be governed transparently through community-approved rules.
3) Progressive transition toward community custody
As the ecosystem matures and liquidity becomes less dependent on protocol bootstrapping, liquidity ownership and control is expected to transition progressively toward:
community-controlled treasury frameworks,
or a dedicated strategic liquidity reserve.
4) Liquidity base asset evolution (long-term)
The current liquidity base asset is wstETH, aligning the token structurally with ETH exposure.
Over the long term, governance may choose to evolve the liquidity foundation (base asset / reserve structure) depending on:
strategic reserve formation,
and market infrastructure requirements.
