What is the Treasury?
Last updated
Last updated
The Treasury plays a very important role in Leonidas Finance's protocol. It provides three extremely critical functions for the growth and sustainability of Leonidas Finance.
1. The treasury functions as an additional financial support for the IGP:
We will shift the weight more towards treasury acquisition for manual buybacks at critical price support points instead of automatic and liquidity building and investment in which profits will be distributed to holders.
Our manual buybacks will further help sustain $LEO price and will be better-timed compared to automatic liquidity adding, thus benefiting our investors in the best way possible!=
2. The treasury is also used to fund new Leonidas products, services, and projects that will surely expand and build up $LEO use cases.
3. Last and just equally as important, the treasury provides funding for Leonidas's marketing activities.
