🗳️Treasury

The Elevate Treasury works to ensure the growth and sustainability of the Elevate ecosystem. With each transaction a small percentage of transaction volume accrues to the Treasury wallet, which is used for three purposes managed by the development team depending on the strategic context:

• Growth: Treasury funds may also be used to build upon the existing foundation and fund new Elevate use cases, such as products or services that build off the Elevate framework, to grow the ecosystem.

• Marketing: Our innovative tokenomics and high APY will attract investors, but marketing is essential to spread awareness of our project. Funds will be used for ad campaigns on multiple platforms and hiring social media and marketing experts.

• Buybacks: In the event of a significant price drop in the $Elevate token, we will use Treasury funds to buybacks and burn tokens. By doing this, the Treasury will support the future viability of the rebase rewards in the extreme event that the Sustainability wallet is insufficient.

• Returns: We also want to use a certain portion of our treasury funds to invest in low-risk, high-return to further sustain our protocol. Investments will be voted for by all verified holders of the $Elevate token.

Treasury Wallet: TBA