Treasury Mechanics
Last updated
Last updated
Tax funding and bond issuance are ultimately used to recapture and burn $QD giving holders a strong incentive to suggest and subsequently vote on opportunities for the DAO, with the focus of maximizing deflation.
On a weekly basis, two proposals are held; . The asset receiving the most votes (token balance weighted) is purchased on behalf of the DAO at the end of the voting period.
After one week, the asset is removed from the DAO's portfolio, whether in profit or loss. The resulting balance is then used to purchase $QD at market rate, reward stakers (), with excess $QD burned.
No staking is explicitly required, however, is used for voting.