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Treasury Contract

The treasury stores all funds and assets that are held by the ecosystem. These funds have and continue to be used to purchase assets of the Web3 projects that the DAO invests in the form of NFTs and tokens as well as funding DAO-related expenses such as marketing, support and development expenses. The DAO has also bought and holds assets such as Bitcoin, Ethereum and BNB.

The treasury contract is the only contract that can mint new MFI tokens. MFI tokens cannot be minted manually and they are limited by specific actions that must occur within the ecosystem for them to be minted (Treasury).

The treasury can hold many different tokens. Each token has a separate smart contract called a treasury extender and on top of that a treasury allocator. This allows the treasury to invest in, and track other tokens such as BUSD, BTC, ETH, BNB, LP tokens and tokens of the Web3 projects that the DAO has invested in.

LP tokens are received as proof of share in a liquidity pool. The treasury provides liquidity on PancakeSwap and in return, it receives the liquidity provider fees from trading on decentralized exchanges.

The treasury also holds the main position in the matrix (MetFier Rewards).

Treasury Contract: