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DAO Treasury
The 10mb DAO Treasury is separate from the USDC treasury used for redemption. The 10mb DAO Treasury will realize income from various sources:
- Pool deposit fees
- Minting and redemption fees
- Transaction tax from selling 10mb
- Reinvestment income
The 10mb DAO Treasury may be used in several ways:
- Buying 10mb when below peg (price stabilization fund)
- Selling 10mb when far above peg
- Development and infrastructural costs
- Reinvestment
Although the DAO Treasury is not counted as one of the two main peg enforcement mechanisms, part of its purpose is for a portion to serve as a price stabilization fund if necessary.
Last modified 11mo ago