TaleX Treasury
1. Treasury Composition
As the issuer of governance token $X, TaleX's primary reserve asset is $X itself. However, in order to maintain the external trading capabilities of $X, the treasury will also be configured with other reserve assets:
$BNB — Governance token of the BNB Chain, the ecological asset on which TaleX relies.
This configuration allows TaleX to share growth within its respective ecosystems.
2. Treasury Enhancement Mechanism
TaleX team will take all net cash flows generated by the TaleX Protocol, then convert them into crypto tokens proportionally on a daily basis, depositing them into the multi-signature treasury.
3. Treasury Usage Rules
TaleX team will release quarterly financial reports and budgets. All treasury expenditures must be executed based on the budget and adjusted at quarter-end through final accounts. When necessary, additional withdrawals or recharges from the treasury will be carried out.
Asset withdrawals must follow the same ratio as the initial deposits. That is, $X and $BNB must be withdrawn proportionally to ensure the stability of the treasury structure.
4. Treasury as Liquidity Pool
All TaleX treasury assets will be added to liquidity pools through decentralized exchanges (DEX), specifically configured as follows:
$X : $BNB (100%)
This mechanism not only guarantees the liquidity of $X but also enables all token holders to exchange $X for other assets at any time via the liquidity pool.
Read more in this article.
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