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

The treasury is empty and has no address, because no coin has launched, no trade has paid a fee and no draw has happened. Nothing on this site should be read as a claim that value has been collected.

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.

Open the docs