The INK Treasury

The management of INK Treasury follows the same principle of transparency applied to the user DAOs.

Since the Ink Finance platform is managed and operated in a decentralized fashion by the entire QUILL holding community, the management of INK Treasury follows the same principle of transparency applied to any user DAO running on the platform.

The INK Treasury starts with a balance of raised capital and locked QUILL tokens as stipulated in this White Paper, and it accrues actual fees charged by those Ink Finance facilities resulting in the issuance, distributions, and redemptions of financial products, as well as asset custodies.

• Rule 1：All the QUILL tokens sold to private investors with lockup will be distributed according to the vesting schedules set forth in this White Paper, via the transparent periodic payment schedule.

• Rule 2：All the QUILL tokens sold to private investors with lockup will have voting powers during lockup, if the investors choose to use them. These tokens will be deposited into the QUILL Staking Engine via its Trusted Staking mechanism. The emitted rewards of the locked QUILL tokens have no lockups.

• Rule 3：A minimal fee of 0.5% will be charged on the raised currency proceeds, as well as the redemption proceeds. The fees will accrue to the INK Treasury. The minimal fees can be reviewed and adjusted by the entire Ink Finance community via proposing and voting.

• Rule 4：A minimal fee will be charged on any assets under the custody of any UCV used by any DAO operating on the Ink Finance platform. The fees will accrue to the INK Treasury. The minimal fees can be set, reviewed, and adjusted, according to the types of the assets and their fair value assessment mechanisms, by the entire Ink Finance community via proposing and voting.

• Rule 5：25% of all fees accrued to the Treasury will be spent on the maintenance and continuous development of the Ink Finance platform, and the remaining 75% will be spent to swap for the QUILL tokens in the circulation.

• Rule 6：All QUILL tokens swapped back into the INK Treasury will be added to a separate account in the QUILL Staking Engine, used as future reward emissions after the initial emission pool is depleted.