> For the complete documentation index, see [llms.txt](https://docs.talex.world/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.talex.world/tokenomics/talex-treasury.md).

# TaleX Treasury

## 1. Treasury Composition

As the issuer of governance token [**$X**](https://coinmarketcap.com/currencies/talex/), 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**](https://coinmarketcap.com/currencies/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.

{% hint style="info" %}
**TaleX multi-signature treasury address:** 0x22313ace9911B91A0Bc6eAB0189b99e78c28C699
{% endhint %}

## 2. Treasury Enhancement Mechanism

TaleX team will take all net cash flows generated by the certain TaleX Ecosystem projects, then convert them into crypto tokens proportionally on a daily basis, depositing them into the multi-signature treasury.

{% hint style="info" %}
Asset storage ratio: [**$X**](https://coinmarketcap.com/currencies/talex/) **:** [**$BNB**](https://coinmarketcap.com/currencies/bnb/) **= 1 : 1**
{% endhint %}

## 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 That is, $X and $BNB must be withdrawn proportionally to ensure the stability of the treasury structure.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:

{% hint style="info" %}
[**$X**](https://coinmarketcap.com/currencies/talex/) **:** [**$BNB**](https://coinmarketcap.com/currencies/bnb/) **(100%)**
{% endhint %}

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.