Community treasury
Last updated
Last updated
Folks Finance believes that transparency is a key pillar, so we've given the users the ability to always keep track of the protocol revenue. On the Community treasury page, users can look at the total reserve and how it is distributed within the treasury.
Folks Finance revenue comes from three different sources:
Folks Finance uses the "Total Reserve" as a treasury in order to protect users' funds from potential hacks.
COMMUNITY_TREASURY_ADDRESS = XQEOICBG6FMMBBWTBOWCMVJX5IQEDUSBF6L4MTSIALWRWODSOV2THX6GTU
COMMUNITY_LIQUIDATOR_ADDRESS = EKHIMQJGZABULP552FKGYHDNMTQGIM3QWB6CKHTW6M2TQFKV427UARQBBM
Users will see a difference between what is shown on the "Community treasury" page and the real community liquidator balance. This is due to initial liquidity provided using the team's funds at the launch to bootstrap the liquidator