5.1 ANGO Treasury
The role of the ANGO treasury is to manage ANGO assets and provide stability to ANGO token price to maximize value returned to the ANGO DAO over time. It is independent and centralized with the sole goal of utilizing the control on token supply to increase the value of the DAO ecosystem.
Economic Activities
Acquisition of assets in the form of cryptocurrencies, virtual assets in the metaverse, and NFTs to contribute to the development of ANGO ecosystem;
Arbitrage trading of ANGO token to maximize staking returns;
Determine vesting period, staking return %;
Manage locked, unvested, undistributed tokens of all parties;
Perform reporting to DAO members.
Treasury assets are managed by 3 people in the ANGO core team via a multisignature wallet.
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