DAO Treasury
Flex wallet belonging to the protocol and community for further development
Last updated
Flex wallet belonging to the protocol and community for further development
Last updated
The tokens within this treasury is largely considered to be "out of circulation" due to usage requirements. As there is a strict max token supply of 100,000,000 tokens, new CROSS tokens are unable to be minted. Therefore, this serves as a stop-gap measure to virtually "mint new tokens" as required to support the protocol.
In the future, we envision new "mints" (i.e., usage of tokens within the Treasury) to require governance approval, subject to a de minimis threshold that would be agreed on annually.