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Treasury

Active only before Loop Phase C
  • Used to hedge against volatility in the market to ensure stability in price of LOOP Tokens. It's a separate wallet that accumulates funds to help the Liquidity Pool sustain and stabilize itself. This is especially important in the event of a sudden sell-off that depletes a liquidity pool. This might cause issues because liquidity is what lets people to buy and sell LOOP Tokens. The Treasury acts as a liquidity reserve, ensuring that this does not happen during a strong sell-off.
  • A small portion of the Treasury will also be used for airdrop gas fees only in Phase B.