Treasury
At the heart of the JinDAO ecosystem lies the JinDAO Treasury, which holds a significant portion of the total JIN tokens - precisely 30%. These tokens can be utilized in a variety of ways, including swaps, grants, and milestone rewards, among other aspects that will benefit the ecosystem and growth of JinDAO. However, before any such usage can be implemented, a DAO proposal must be presented and voted upon.
It is worth noting that the tokens held by the Treasury are effectively the property of token holders in proportion to their respective token holdings. For example, a token holder with 1% of the total tokens has a look-through ownership of 1% of the 30% held by the Treasury, which translates to an additional 0.3% of the overall tokens. Thus, the Treasury operates under a democratic structure that aims to ensure fair and transparent decision-making processes.
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