Treasury

The creation of the Treasury allows the community to flexibly use the accumulated revenue through voting in accordance with the DAO principles, promptly funneling it to develop the project in favorable market conditions, or, conversely, to limit the impact of market negativity, e.g.:

  • Increasing the multiplier. We will be able to jointly set the multiplier level for contracts, determining how much money from the Treasury to allocate for this purpose each month.

  • Purchase of new miners. We will be able to use the funds accumulated in the Treasury to purchase new miners with better energy efficiency and increase the overall project hashrate.

  • $BTCMT purchase program. We will be able to use the Treasury funds to buy back $BTCMT from the secondary market.

  • Infrastructure development. We will be able to direct part of the funds to the development of the project infrastructure, the creation of new products and the construction of mining farms.

Treasury deployed in collaboration with Safe Global on the Ethereum blockchain, ensuring a high level of reliability. Treasury is managed on the basis of a multisig smart contract with 5 private keys as a multiple signature, which is managed on the basis of the Whitepaper. In the future, we plan to assign 2 private keys to Delegates who will represent the community and independently put forward new initiatives for voting.

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