Treasury contract
Treasury
The treasury is a key component of the Diamonde protocol. The national treasury represents all assets owned and controlled by the agreement.
The main responsibility of the Ministry of Finance is to ensure the liquidity of DIA in the open market and stabilize DIA through direct market operations in specific circumstances.
The treasury consists of reserves and DIA liquidity positions, which are held in on chain treasury contracts. Diamonde adopts a streamlined
treasury management strategy, holding reserve assets in the form of sDAI. RBS and Cooler loans access sDAI according to operational needs and automatically convert to DAI when needed. In the future, access permissions can be granted to other modules through on chain governance.
The treasury contract is a secure repository for all funds collected by the agreement. When users purchase bonds, the treasury will receive the full value of the LP in exchange for an equivalent $DIA. The newly minted $DIA token is supported by the treasury's risk-free asset (RFV), as detailed in the bond contract.
The total amount of assets entering the national treasury through bond sales, including USDT$ USDC, WBTC, ETH, UNI, DIA-USDT LP, and other assets are referred to as the total assets of the national treasury.
Risk-free value
The total risk-free assets of the national treasury refer to the sum of the risk-free values of various assets that enter the treasury through bond sales. The value of USDT bonds is equal to their risk-free value, while the total value of LP bonds is greater than their risk-free value
Therefore, with the decline of $DIA price, the total assets of treasury bond may decline, but the total risk-free assets of treasury bond will show a unilateral upward trend.
To ensure stability and security, Diamonde will support each newly minted $DIA token with risk-free assets. As the number of risk-free assets in the inventory increases, more $DIA tokens will be minted.
In order to ensure the operation of the redefined currency, we have set a sufficiently safe threshold for the stored funds. Only when the total risk-free value of the stored funds exceeds this threshold, will we use the excess assets as matching funds for the contract.
Liquidity Rebase Staking
This protocol distributes tokens directly to the staking contract without the need to reclaim $DIA, resulting in an increase in the ratio of $dDIA to $DIA and a rebalancing.
Users can participate in the Staking liquidity mining pool staking platform token DIA, which can be released at any time. Rabase rewards will be issued once for different periods based on the price volatility of $DIA per cycle, with a profit of $dDIA automatically compounded to calculate a maximum profit rate of 3000%.
Pledge rewards will be distributed every 8 hours. This agreement distributes profits fairly to all pledgers through $DIA, ensuring that everyone receives the same proportion of profits.
This agreement will automatically generate compound interest, which means that the pledger does not need to manually obtain returns; They only need to maintain their pledge.
Participating in Staking income can be freely and flexibly transferred to the exercise release contract to receive $dDIA income based on the Rabase cycle interest in the liquidity pool.
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