# Treasury as Liquidity Pool

<figure><img src="/files/5XW9TdHRCWIkCW010ebB" alt=""><figcaption><p>Hidden Bank Account vs. Treasury as Liquidity Pool</p></figcaption></figure>

## **1. The Significance of a Public Treasury**

In traditional enterprises, company treasuries are hidden in bank accounts, accessible only to a few senior executives. Even with modern auditing, financial information can only be disclosed periodically, lacking real-time transparency.

For private companies, audits are both time-consuming and costly, often unsustainable in the long-term. Yet these companies maintain continuous interactions with investors, partners, and users — all of whom demand transparency.

Blockchain provides the breakthrough. When assets exist on-chain, anyone can verify them instantly at zero extra cost to the business. This transparency significantly lowers the trust threshold and enhances the organization’s credibility in the eyes of its supporters.

## **2. Treasury Composition**

For any DAO (Decentralized Autonomous Organization) as RWB (Real-World Business) that issues governance tokens and replaces loyalty points with tokens, transparency of the treasury is critical. A well-designed treasury should include digital assets that ensure both stability and growth potential. Diversification ensures resilience and alignment with the broader ecosystem, while governance tokens remain the core value reserve.

{% hint style="info" %}
In order to maintain the market stability of DAO's governance token and avoid severe price fluctuations caused by asset volatility, the treasury of each RWB project is configured with other reserve assets:

* [**$BNB**](https://coinmarketcap.com/currencies/bnb/) **— Governance token of the BNB Chain, the ecological asset on which DAO relies.**
* [**$BTC**](https://coinmarketcap.com/currencies/bitcoin/) **— The starting point of the blockchain industry and its core value reserve.**
  {% endhint %}

This configuration not only enhances the stability of the treasury but also allows it to share growth within its respective ecosystems.

## **3. Treasury Enhancement Mechanism**

The mechanism is straightforward: net cash flow from product sales (after deducting taxes and costs) is converted into digital assets and deposited into the on-chain treasury. Over time, the treasury’s scale grows in direct proportion to real-world product sales.

{% hint style="info" %}
Every RWB asset storage ratio by default: **RWB token :** [**$BNB**](https://coinmarketcap.com/currencies/bnb/) **= 1 : 1**
{% endhint %}

The asset storage ratio can be adjusted through DAO governance to flexibly adapt to market fluctuations.

## **4. Treasury Usage Rules**

All inflows and outflows of the treasury are transparent and governed by community-approved rules. Withdrawals must follow proportional allocation to maintain structural stability. Regular financial reports and budgets ensure accountability, transforming what was once an opaque process into an open, verifiable mechanism.

## **5. Treasury as Liquidity Pool**

AMM (Automated Market Maker) is a groundbreaking blockchain innovation that enables the treasury to exist as “all assets injected into a liquidity pool”, while simultaneously providing the ability to trade with external markets in real time.

Every business's governance token holder can at any time put their tokens into the liquidity pool and exchange them for other assets in the treasury — such as stablecoins or $BNB/$BTC asset tokens. Likewise, any potential holder can at any time put their stablecoins or $BNB/$BTC asset tokens into the liquidity pool in exchange for the business’s governance tokens.

{% hint style="info" %}
All RWB treasury assets are added to liquidity pools through decentralized exchanges (DEX), specifically configured as follows by default:

* **RWB token :** [**$BNB**](https://coinmarketcap.com/currencies/bnb/) **(100%)**
  {% endhint %}

In the traditional equity system, shareholders’ ownership rarely connects directly and in real time with business assets. The **Treasury as Liquidity Pool** model fills this gap for the first time, directly linking tokenized governance with underlying reserves.

Entering and exiting have never been such a free experience. This will inevitably lead to a new kind of “execution team-investor” relationship. It creates a new paradigm for decentralized organizations: the treasury is no longer a secret vault, but an open, dynamic, and liquid foundation for growth.


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.talex.world/real-world-business/treasury-as-liquidity-pool.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.
