X528 Whitepaper

Republik Treasury

All assets of the DAO are held in the Republik treasury which can only be accessed through voting proposals that are sent to Citizens for approval. Any vote requesting access to the treasury must have a minimum quorum of 5% of total X528 tokenholders present. If 60% of those X528 holders who are participating vote in favour, the proposal will pass and be approved for actioning.
The Republik treasury can be used towards any voting proposal as long as the proposal aligns with the X528 Constitution and is approved in a vote by Citizens.