Treasury

Treasury

The protocol takes a cut of each draw. This page says what that cut is for and what it will never be.

There is nothing in it

Every coin's fees land in that coin's own basket, which belongs to its holders rather than to a central pot. The protocol share of each draw accrues on chain and is readable there, at the address the draw was signed against.

What the cut is for

A share of each draw, under a ceiling designed to be a constant in the contract. It exists to pay for the parts of this that cost money whether or not anyone is trading: the node the front end reads through, the hosting, the domain, and an audit when there is something worth auditing.

What it will not be

How it will be visible

The same way everything else here is: as an address anyone can read on the block explorer, published on the contracts table the day it exists. Until then there is no balance to show and no report to write.

See the parameters

The cut, the ceiling and the fee, in one table.

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