The Treasury.

I wanted to have a small discussion about the treasury fund and it’s purpose for holding a large portion of the overall token supply.

As you may know, the Dank Signals token was originally created with a total supply of 25,000,000,000 tokens . Of these tokens, 24,000,000,000 tokens were reserved for a staking application that was to be developed in the future. Unfortunately, due to the regulation changes, and a reduction in dev workforce availability, that has no longer been a developmental path for the token.

As a result, I have burned 20,000,000,000 Dank Signals tokens, and kept a treasury of 4,000,000,000 Dank Signals tokens.

These tokens will be used as liquidity for the uniswap market. Overtime, as people acquire tokens from the uniswap liquidity pool, the available supply of tokens in the liquidity pool will reduce drastically and cause extreme volatility. This treasury fund will allow tokens to be added into the liquidity pool gradually over time, as necessary, to maintain availability and prevent an individual from gaining an early or competitive advantage over the overall token supply, as would occur if the entire token supply was initially deposited into a small liquidity pool smart contract. This will allow for a stronger market to develop, a wider distribution of the overall token supply between participants, and ensure a large sized buyer cannot collect and “dump” on the other participating users.

It should be noted that this supply of tokens has been held in one wallet since the creation of the Dank Signals Token in 2018, which demonstrates that no nefarious or negative actions have occurred against the community of token holders by its creators, such as a large token selling on the open market.

In the future, there may be giveaway events where these tokens could be provided to the community at no cost, simply for a participating in promotional events.