> For the complete documentation index, see [llms.txt](https://scrub.gitbook.io/scrub-doc/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://scrub.gitbook.io/scrub-doc/treasury-fund.md).

# Treasury Fund

A treasury fund has been set up as an additional measure to backstop **LIONs** 40:1 **USDC** and **BEARs** 300:1 **WBTC** peg alongside the **LBOND/BBOND** mechanism. The Scrub Finance Treasury DAO Wallet sole purpose is to aid in the reclaiming of peg and does so in a number of ways.

* The Treasury DAO doesn't perform buybacks if **LION** peg goes under TWAP value of 1.01. We believe **peg** is really important to alert us if we are printing too much tokens, so we don't interfere with it. We are a currency and we spend, have taxes and other use cases to burn tokens if we stay under peg for a while and then we organically regain peg.
* When the LION TWAP is extremely high the treasury fund will sell some **LION** in order to help the peg to stay around its natural balance.
* The Treasury Fund may or may not make additional investment to yield and grow it's assets to bolster the Scrub ecosystem.

 

Scrub Finance Treasury DAO Wallet: 0x078c0Aa151565388a72D1d37781130B2d9bEaf8b 

Scrub Finance Team Wallet: 0xd70853e48Ca7fDe799f039F7fb6BdE0425561900

Both Scrub Finance Treasury DAO Wallet and Scrub Finance Team Wallet are multisig wallets that needs 2 out of 3 signatures to authorize any transaction. This will ensure more security about how funds are managed by the team.

Last edit page: July 15, 2022