Treasury & revenue

The treasury sustains Passify beyond any single funding round. It is funded by allocation and a share of protocol revenue, and it is spent only as governance directs.

Treasury

The treasury holds the 20% protocol allocation plus any unallocated supply. Its purpose is long-term sustainability: funding development, audits, grants, and liquidity. Treasury funds move only through governance-approved proposals — never unilaterally.

Revenue flow

Passify earns revenue from plan subscriptions and metered usage (attestations and API calls). A proposed share of net protocol revenue is directed to the treasury, which governance can then route to the uses below.

proposed flow

Platform usage & subscriptions
        │
        ▼
   Protocol revenue
        │
        ├──▶ Operations (infra, KYC provider, support)
        │
        └──▶ Treasury ──▶ governance-approved uses:
                          • development & audits
                          • ecosystem grants
                          • liquidity support
                          • buybacks (if approved)

Liquidity

The 15% liquidity allocation seeds initial markets so the token can be traded with reasonable depth from launch. Ongoing liquidity is maintained from the treasury as governance directs. Liquidity provisioning aims for healthy markets — it is not a price guarantee.

Transparency

Because the treasury lives on-chain, balances and flows are publicly verifiable. After launch, treasury addresses and a reporting cadence will be published here so anyone can audit how funds are held and spent.

Last updated June 30, 2026