Treasury
After a prudent reserve for development and marketing costs to execute on our roadmap, all funds raised by our initial token launch will seed our Treasury.
Our operational revenue will also go into our Treasury on an ongoing basis. This includes carry profits from the Venture side, fees generated from The Playground, revenue generated from partnerships with our projects or use of DAO toolkit and revenue from future applications we build out on our site such as bridging or lending vaults.
The Treasury has one concrete mission—the aggressive, yet sustainable generation of yield. Ideally, this yield will come from participating actively in other DeFi projects with whom we partner. However, we will also reserve the right to revise our strategy opportunistically in response to market conditions on an ongoing basis.
As we go, the DAO will decide how to toggle the yield between reinvesting in the Treasury, and a buy-back/burn of our native token.
This will create a scenario where our Treasury grows on a compounded basis from month to month and year to year. The funds available to deploy towards the buy-back/burn strategy will be ever-increasing.
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