🔢DAO treasury
General info
Community treasury is a multi-signature wallet with community assets. It is used to collect valuable web3 assets, taking profit or invest in other assets. Decisions on using the treasury are made via community votings.
Each OAYC and MOAYC contain a share of every crypto asset in the DAO treasury.
When community sell or receive any profit from these assets, it will be distributed among the OAYC and MOAYC holders. MOAYC = 50% of OAYC share
Wallet address – 0x8bD5A5B51B601D3cd9Fc3b1E6Ab29069A50764D5
Multisignature wallet
The wallet is accessed via multi-signature signed transactions. Keys are given to the project team, as well as to the Ape Table whales. To make an exchange, sale, withdrawal or other actions with the treasury, it is necessary to confirm more than 50% of the key holders.
Financial cycle
Open community voting
Assets buying via multi-sig approval
Taking profit, rewards, etc
Net profit distribution
Treasury
OAYC and MOAYC are not just collection cards, they are containers that will collect more and more assets every week.
Treasury is replenished monthly from secondary market fees.
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