DAO Treasury

DAO Treasury is formed by exchanging your own DAO tokens for a given list of stablecoins (other cryptocurrencies) and, in accordance with the DAO settings determined when creating the DAO or later by the DAO Voting, automatically performs the following functions:

· Mints new DAO tokens.

· Changes DAO tokens to cryptocurrencies.

· Places free cash balances in cryptocurrencies in different "permitted" DeFi protocols according to different strategies.

· If it is necessary to finance an Investment Project or Proposals approved on-chain by DAO Voting, transfers the corresponding coins (within the approved limits and according to approved schedules) to approved wallets.

· Regularly allocates budgets, makes expenditures in cryptocurrencies for expenses related to DAO's activities, including payment of the Expert, Protectors and Manager's salaries.

· Accepts return on investment (income) from DAO Investment Projects.

The proceeds from different projects go to different DAO Treasury wallets. Further, the Treasury automatically distributes the funds received according to the algorithm in accordance with the settings on:

· Reinvestment and Expense Reserve. Temporarily free funds are placed in "permitted" DeFi protocols;

· Purchase of DAO tokens from the market (buyback or transfer to liquidity pools). The purchased GT remains in the DAO Treasury as a reserve for staking and bonuses or is burned;

· Distributes income among token holders, similar to dividend payments (will not be available in the basic version);

· Makes bonus payments in GT to Experts, Protectors, Managers, Agents of DAO;

· Accrues Staking Rewards. Tokens that holders vote with are locked in Staking for the time of voting, for which they are credited with income.