3.7 Treasury

The Treasury is the revenue reserve pool of CreDA, and is responsible for receiving, managing, and distributing the assets generated by the protocol and regularly disclosing financial data to the community. The revenue from the CreDA protocol will be used to repurchase CREDA tokens on the open market in a fixed block cycle and then deposit them in the Treasury.

To promote a virtuous development cycle for the project, part of the revenue of the Treasury will be used to reward participants who stake the CREDA token. The remaining tokens will be allocated to the Development Committee to incentivize community contributions as well as be used for risk management/control. Initially, 50% of CreDA revenue from the Treasury is allocated to stakers and 50% to the Development Committee.