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Egypt Treasury (ET)
The Egypt Treasury plays a very important role in PyramiDAO’s PAP protocol. It provides three extremely critical functions for the growth and sustainability of PyramiDAO.
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The treasury functions as an additional financial support for the PI. This additional support can become important in the event of an extreme price drop of the $PYRA token. It helps to create a floor value for the $PYRA token.
The Egypt Treasury is also used to fund new PyramiDAO products, services, and projects that will expand and build up the PAP use cases and PiramiDAO economy. Treasury also provide fund for development of Ride to Earn App & NFTs value creation in the future.
Additionally, the treasury provides funding for marketing PyramiDAO.