$PRO as an Instrument for Capturing Profits from Actively Traded Treasuries

Peak DAO, Poseidon, and Peaking Duck treasuries are purposed to utilize profits from actively managed trading strategies to buy back the $PRO token.

For Peak DAO, the goal is to accumulate $PRO with buybacks to fund future liquidity mining events on the Peak Protocol. Peak DAO receives a portion of newly released $PRO tokens set aside for future liquidity mining events, and profits from buybacks from treasury activities will supplement the liquidity mining event.

For Poseidon, profits allocated by Aeacus capital into redistribution are used to buy back $PRO. Of the bought-back $PRO, these are airdropped to Poseidon holders based on the rarity of the Poseidon NFT they hold. A Poseidon king entitles users to approximately 33.3% more profits than normal Poseidon holders. Further, secondary market royalties are used to buy back $PRO on an ongoing basis that grows the treasury for redistribution to holders.

Peaking Duck treasury will be utilized more flexibly between buying back $PEAK and buying back $PRO, based on the perceived needs of the protocol at the time of distribution. Trading will commence once a minimum of $10,000 USD is raised from the Peaking Duck mint and secondary market royalties.