Detherverse Paper
  • 👋Welcome to Detherverse
  • Introduction
    • 💡Overview
    • ✨Vision
    • 🎯Objective
  • How To Play
    • 💎Acquiring NFTs and DVT Tokens
    • 🌐Exploring the Virtual World
    • 👑Creating and Monetizing Content
    • 📡Engaging in Activities and Interactions
    • 💸Play-to-Earn Opportunities
    • 🔊Community Engagement and Governance
  • Others
    • 📔Technology and Infrastructure
    • 💻The Detherverse Platform
    • 🥇The DetherScapes NFT
    • 🥈The Detherverse Token (DVT)
      • 🌠Temporal Staking
      • ⚒️How does the treasury work?
    • 🏛️Community Engagement and Governance
    • 🛣️Roadmap and Development Plan
    • 🔐Security and Risk Mitigation
    • 🚀Conclusion
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  2. The Detherverse Token (DVT)

How does the treasury work?

Disclaimer: DVT does not perform interest-bearing activities or lend assets on behalf of anyone and any discussions in the documentation and whitepaper are conceptual and educational.

The Treasury plays a very important role in the DVT Ecosystem. It provides three extremely critical functions for the growth and sustainability of DVT.

For starters, the DVT treasury received an initial allocation upon minting to enhance staking rewards on top of volume based returns.

The most important function of the Treasury is to perform PRM's which is Price Recovery Mechanism's. An example would be the DVT Treasury buying DVT from the market to combat prolonged bear market exposure. The Treasury would then distribute these rewards to stakers, burn tokens, and execute algorithmic measures per the protocol.

The Treasury serves as the financial manager of new projects and growth opportunities. The Treasury also provides the funds for marketing the protocol. Marketing is important for any project, more holders means more growth.

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Last updated 1 year ago

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