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.