Magnety wants to be an example for DAOs in general. In this way, the treasury of the DAO will be managed through a private Vault as every DAO could do it on our platform.

The new way to manage treasury for DAOs

Many DAOs in the crypto-space aim to keep 100% of their native token in the treasury. Given the volatile nature of cryptocurrencies, some of them were forced to sell their native tokens during extended bear markets at therefore at inconvenient prices to fund ongoing trades. More and more DAO choose to diversify their treasury and this is how $MGTY DAO treasury will be managed.

15% of the $MGTY dedicated to the treasury will be vested to the governance contract and then distributed to the private vault created for the treasury management. In this way, all the community will be able to see how the treasury is managed ( cf Vault report).