Treasury loop · Robinhood Chain
The treasury and perpetual buyer of NTRPY assets
[ What is entropydao ]
entropydao is an onchain reserve for the NTRPY ecosystem. It holds activated NTRPY NFTs and $CHAOS with the purpose of acquiring a growing permanent stake in NTRPY’s ecosystem.
- The reserve
- entropydao opened with 50 activated NFTs and a $CHAOS reserve, held under multisig.
- The sweep
- entropydao will launch a token on NTRPY. Once the token launches, accumulated trading fees will be used to acquire more NTRPY NFTs on the secondary market. We will sweep NTRPY NFTs on a perpetual basis, until none remain available at a reasonable price. The entropydao treasury will maintain a sufficient $CHAOS balance to activate every NFT under its custody.
- The return
- Proceeds from NTRPY Capital Settlements fund the buyback and burn of the entropydao token. entropydao will take a meaningful allocation in every approved curated launch on NTRPY.
- The symbiosis
- NTRPY and entropydao enjoy a symbiotic relationship. The economic machine that is entropydao fuels the growth of NTRPY, and NTRPY’s activity feeds back to entropydao.