The Native Times

Native Treasury

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I've setup a SAFE wallet to act as a Treasury for the Native community, with an initial ⌂500,000,000 $NATIVE deposit. I will be splitting my fees from Clanker with the Treasury. 
As of this writing, there is currently ⌂570,000,000 $NATIVE and 0.2 ETH in the Treasury.

In case you missed this news previously, it was announced in the Discord and via Telegram, as well as shared on Twitter and on Farcaster.

For transparency, I receive 40% of the 1% fees that @clanker collects (as it with any Clanker-based token). With each fee collection, I will be sending a portion of both ETH & NATIVE to the Treasury.

As the Treasury grows, we will be able to utilize those funds for partnerships, growth, and of course, to build a better Native product, which remains the focus.

For now, I'm the only signature but as the community grows, we will add additional signatories.

I have also asked the Clanker team to upgrade tokens to be ERC20Votes compatible, which would allow the token to be compatible with governance tools like Tally.

This "Native DAO", governed by $NATIVE, would easily facilitate proposals from the Native community to help steer the allocation of the Treasury. Long-term, I'd love to see this happen.

As always, you can trust me ... but you can also verify on chain:

https://basescan.org/address/0x5D35e504998892a980CaA4cECEd4e4004ec525ED
https://warpcast.com/derek/0x0484b5bc

Welcome home,