💰The EverFarm DAO Backed Treasury

Ever Farm Treasury

How will the EverFarm DAO backed treasury work?

The EverFarm Treasury is formed by a 4% tax on all $EFARM transactions (Buy & Sells). This way, the EverFarm Treasury grows anytime $EFARM tokens are bought or sold, increasing the size of the Treasury for the community governed NFT investments.

Voting rights are gained by purchasing $EFARM tokens - as long as you are an EverFarm token holder, you have the right to vote on what NFT’s the Treasury fund will purchase, as well as when the treasury sells the NFT’s to make profit.

This makes EverFarm a DAO backed Treasury where investments from the Treasury are decided 100% by the holders of $EFARM.

40% of the profits from the Treasury NFT investments are used to buy back $EFARM tokens and send them to the EverFire wallet (Our custom burn wallet). This way, we are considerably reducing the circulating supply which means there will be less tokens available, therefore increasing the value of the tokens you hold.

The other 60% of Treasury profits are sent to the EverProfit Wallet, where $EFARM token holders can withdraw their NFT profits in BNB, or reinvest in $EFARM.