The Vault

The Vault is where The Ant Republic's treasury will be stored and controlled by a decentralised autonomous organisation (DAO) that can vote on the tokens that remain following the monthly burn event.

Every month, 75% of the $RICE token stored in The Vault will be burned.

The DAO will vote for what to do on a pro-rata based on $RICE tokens held. The DAO can submit proposals and vote on them to decide what to do with the funds with possibilities ranging form funding community initiatives, redistributing to holders, opening new markets or simple brurning them as well.