Distribution of Proceeds

On-chain Treasury

Proceeds from Tezos Domains registrations and auctions are currently being accumulated in our smart contract. To make use of the funds in the future, we plan on setting up an on-chain treasury governed by a decentralized organization.

All proceeds will stay with the contract until a treasury mechanism is in place. The contract itself is controlled by a group of keyholders from the community who have an interest in the success of Tezos Domains. Any transfer of funds would require signatures from a majority of the keyholders.

Possible uses of the proceeds

A decentralized governing body will be able to allocate funds for different uses. These could include:

  • further development of Tezos Domains,
  • a marketing and legal budget,
  • grants for other projects integrating Tezos Domains,
  • supporting projects in the broader Tezos ecosystem.