Management of funds in the Reserve
Last updated
Last updated
As operative Projects generate revenue, which is collected monthly, it will be transferred to the Reserve smart contract. Income within the Reserve is meant to be used to maintain the Projects operation and to originate more Projects.
The Protocol spends its funds in the following way:
First, a portion of the income will be allocated into the Reserve’s maintenance and operation fund;
Secondly, the protocol will compensate for the Projects depreciation of the Projects within the Reserve;
A defined percentage of the net income will be allocated in the uWatt/USDT liquidity pool. This percentage is defined by governance and will be set initially to zero.
Finally, the remaining funds will be disbursed directly to the uWatt holders, proportionally to their ownership percentage over the entire Reserve.
