Treasury
The Ruby Treasury is the economic engine powering AVAX rewards and long-term sustainability of the protocol. Controlled initially by the core developers and later governed by the community, it serves as both a reserve vault and a yield source for Jewelry redemptions.
🔐 Treasury Wallet Address
TBA – Will be made public upon launch and multi-sig deployment.
💼 Functions of the Ruby Treasury
The Treasury plays a foundational role in the RubyOnAvax ecosystem:
AVAX Yield Reserve Funds the redemption of fully matured Jewelry NFTs with real AVAX payouts.
Buyback & Burn If $RUBY falls below key thresholds (soft AVAX redemption peg), the treasury may execute strategic buybacks and burns to stabilize perceived value and restore confidence.
Stabilization Strategy When $RUBY demand overheats (e.g. market price significantly above intrinsic Jewel redemption value), the Treasury may sell $RUBY from reserves to normalize growth and accumulate more AVAX for future redemptions.
Cross-Ecosystem Investment The Treasury may deploy a portion of its holdings into low-risk yield strategies, building a sustainable AVAX reserve to support long-term protocol operations and reward programs.
Future Governance Transition Over time, the Treasury will transition into DAO control, where $RUBY stakeholders or Jewel NFT holders may vote on fund allocations across areas like:
Partner integrations
Marketing and user growth
New Jewel tiers or features
📜 Transparency & Tracking
All Treasury transactions, including buybacks, redemptions, and investments, will be logged and visible to the public once live. A dedicated dashboard will be launched post-audit for real-time tracking.
Last updated