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WhitepaperTreasury Model

Treasury Model

Overview

The CYRUS DAO treasury holds 50% of total token supply (500M CYRUS) and all proceeds from the bonding curve sale. It is the primary economic resource of the project.

Security

The treasury is secured by a TON multisig wallet (multisig-v2):

  • Threshold: 3-of-5 signers required
  • Timelock: 48-hour execution delay
  • Signers: Verifiable identity, geographically distributed, no single majority
  • Transition: Phase 1 signers appointed by foundation → Phase 2 governance-directed → Phase 3 on-chain execution

Holdings

AssetSource
CYRUS500M genesis allocation
TONBonding curve sale proceeds
USDTUSDT sales or TON conversions

Intended Uses

The treasury funds six categories of initiatives:

  1. Persian Studies & Education — Scholarships, translations, academic research
  2. Arts & Cultural Heritage — Artists, musicians, heritage preservation
  3. Humanitarian Aid — Food security, healthcare, disaster relief
  4. Diaspora Community — Cultural events, networking, community building
  5. Rebuilding & Development — Infrastructure and cultural landmarks
  6. Spreading Cyrus’s Message — Educational campaigns, documentaries, outreach

Emission Pacing

Treasury tokens are not released all at once:

PeriodEmissionPurpose
Year 1Up to 10% (50M)Staking rewards, initial grants, liquidity
Year 2Up to 10% (50M)Expanded grants, governance incentives
Year 3Up to 8% (40M)Ecosystem development, Telegram Mini App
Year 4+Up to 5%/yearLong-term sustainability

These are guidelines. Actual allocations are determined by governance votes.

Prohibited Uses

  • No transfers to personal wallets of signers or foundation members
  • No speculative trading or yield farming without governance approval
  • No loans or collateral posting without governance approval

Transparency

  • Treasury address published on cyrus.gold
  • All transactions visible on TON explorers (tonviewer.com / tonscan.org)
  • Monthly summaries and quarterly detailed reports
  • All reports reference on-chain transaction hashes for verification
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