Treasury

The Treasury is the component where the DAO’s assets are stored. The Treasury is a protocol that consists of smart contracts, and the use of stored Tokens are only available through on-chain governance. The sources of funds sent to the Treasury include WEMIX recruited through the issuing of DAO Tokens in the Station, and WEMIX3.0 mainnet PMR allocated to Node Council Partners, and more. Withdrawals may only be made to the designated Trust Wallet or the System Wallet for DAO operations.

*PMR (Permanent Minting Reward) refers to new WEMIX coins minted per block in the WEMIX3.0 mainnet. 1 WEMIX is issued per block as PMR. In the Phase 01 step of the mainnet, PMR is distributed to the 40 WONDERS (40%), to the WEMIX ecosystem (25%), for maintenance (25%), and for GRAND Staking (10%). As a 40 WONDERS member, WONDER DAO receives 1% of the PMR, which is the amount allocated to each node out of the total of 40% PMR allotted to the Node Council Partners. The PMR allotted to WONDER DAO is not given to DAO members directly, but stored in the Treasury of the NEITH Protocol.