The Treasury
Last updated
Last updated
The Treasury fuels project development through diverse revenue streams like sales of domain name sales, renewal fees, Bank activities, and yield from the Blast network. These funds support a variety of initiatives, including collaborations with other projects, exciting bounty programs, new community reward events, and even essential developer salaries. To ensure long-term stability, the Treasury will maintain a diversified portfolio of tokens and LP tokens, which can be later voted upon by BNS holders.
Initially, the Treasury will hold project-related LPs and mostly ETH from NFT sales. Funding received from Banking activities will be converted to LP tokens and more ETH, with the ratio shown in the table below.
BNS/USDB LP | BND/USDB LP | ETH |
---|---|---|
40%
40%
20%