Wallets & Treasury
Treasury
This DeFi project's wallet addresses will be able to be seen by everyone to ensure full transparency. The purpose of the treasury will be to generate revenue allowing the team to perform token burns when necessary to increase and support the token’s price. The Alora Money treasury will be able to mint tokens in case there is huge volatility. The new $ALORA tokens will be owned by the treasury. The Treasury will then have the ability to sell the tokens at a given rate to create gains without putting the $ALORA token at risk. This strategy will create price stability and sustainability of the project over the long term as well as contributing to our treasury.
Wallet Addresses
The following will be all the relevant wallets containing funds that the team will use:
Alora Money Treasury: TBA
Alora Money Reward Wallet: TBA
Alora Money Smoothing Reserve: TBA
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