The Treasury is a vital component of Elastic Yield's ELYI Protocol, serving three crucial functions essential for its growth and sustainability.
Firstly, it acts as supplementary financial backing for EYIF (Elastic Yield Insurance Fund). This added support becomes invaluable during extreme market downturns or unforeseen events, helping to establish a minimum value for the $ELYI token.
Secondly, the Treasury may allocate funds to finance new Elastic Yield products, services, and initiatives aimed at expanding and enhancing value for the Elastic Yield community. Additionally, it can allocate resources for marketing efforts.
