Purpose
The treasury essentially acts as a central bank for the WGMI ecosystem. This will be set up as a multi-sig wallet to enhance decentralisation and security.
The treasury funds are periodically distributed to specific areas of the ecosystem. Think of it as a budget allocation. This process has been described in greater detail in the earlier Tokenomics page.
The fees collected from the trading volume are deposited to the treasury wallet.
Last modified 1yr ago