Treasury

A treasury serves the purpose of maintaining funds for Asset maintenance and development

Following rules of transactions will be imposed on all transactions on the platform.

  1. Every time a transaction takes place for equity tokens, 10% of transaction fees would go into treasury

  2. The tax laws of the country will be encoded into the royalty part of the NFT token. If later the exchanges and wallets implement the CIP-0027

  3. The DAO SC would then directly provide financial resources for maintaining the DAO and also pay annual tax.

  4. Finally, 15% (adjustable) of the funds collected in the individual house DAO will be sent to the platform Treasury of Reitcircles to be used for the overall platform maintenance.

  5. The percentage of transaction cost deducted for the treasury will be held above the minimum of 10% even if there is voting based adjustment.

  6. The rewards provided for staking the DAO treasury will initially be funded from the REIT treasury. And it is meant to promote creating tools within the DAO ecosystem that enables transactions and liquidity.

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