The treasury generates funds by the community, for the community. It's the main funding source for Snook's rewards system and every spends in Snook's ecosystem increasing the total funds in the treasury.
Funds go into the treasury:
  • Snook's resurrections
  • Secondary market's trades
  • Initial $SNK tokens allocation
Funds to be used from the treasury:
  • Special skin rewards
  • Staking rewards
  • Tournaments prize pool
Due the fact some funding channels are planned to a later stage in the roadmap but we want to keep the players driven and the game incentivized from the first day, we have allocated a special funds from the total supply. The allocation is vested and to be unlocked every two months, starting high and decreasing over time, as we expect to finish all funding channels and a higher users adoption in that time period. Every month 1.75% of the treasury is to be allocated to Snook foundation to cover monthly expenses and contingencies.
Last modified 5mo ago
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