DAO Fund

The DAO fund is the second line of defense on top of the Bond Mechanism. The DAO fund is controlled by the Developers and will later move to a governance system to vote on using funds in certain areas of the project and outside including investment, marketing etc. Information about the DAO is as follows: - When tokens are below peg buybacks will be initiated by the DAO - When tokens are above peg the DAO will sell tokens to accumulate stables and prepare to buyback if the peg goes below 1 TWAP - The DAO fund will hold a range of assets at the discretion of the core team - The fund may or may not invest in safe projects to earn yield and grow itself at the discretion of the team