DAO Treasury

The DAO Treasury will be allocated 20% of the total supply of PEP, which is to be directed through community governance for operations that support the long-term health and growth of the PepperDEX platform and ecosystem. Treasury funds will also be used for the PepperDEX referral program and PepperDEX insurance. Ultimately the Treasury’s primary goal is to fund activities through PepperDAO’s community governance system that ensures PepperDEX thrives to become DeFi’s leading community-led decentralized exchange platform.

PepperDAO Treasury tokens will be made available for governance purposes on a linear vesting schedule over 3 years. 3,750,000 PEP, or 15% of the PEP tokens allocated to the PepperDAO Treasury, will be immediately available for governance purposes. The remaining 85% of the DAO Treasury tokens will vest linearly over 3 years on a monthly basis unlocking 607,143 PEP each month. The PepperDAO Treasury will also be replenished by receiving 20% of DEX trading fees. Tokens the PepperDAO Treasury receives from DEX trading fees will be immediately available for distribution through community governance to support the operations and growth of the PepperDEX ecosystem.