Salvium Treasury Update - August 2024 funds locked for 2-years

Salvium Treasury Update - August 2024 funds locked for 2-years

Updates

We are pleased to provide an important update regarding the Salvium Treasury management. In our ongoing commitment to transparency and long-term stability, we have implemented a significant change to our treasury holdings.

Treasury Lock-up Details

As of August 2024, we have:

  • Locked a substantial portion of treasury funds for a 2-year period
  • Implemented smart contract-based time locks
  • Enhanced transparency through public verification

Strategic Benefits

This decision brings several advantages to the Salvium ecosystem:

  1. Long-term Stability
    • Reduced market impact
    • Predictable supply metrics
    • Enhanced investor confidence
  2. Governance Alignment
    • Clear financial planning
    • Community-focused development
    • Sustainable growth model
  3. Market Confidence
    • Transparent operations
    • Committed development
    • Strategic resource allocation

Verification and Monitoring

The locked funds can be verified through:

  • Public blockchain explorers
  • Smart contract audits
  • Regular treasury reports

Looking Forward

This treasury update represents our commitment to:

  • Sustainable development
  • Community trust
  • Long-term value creation

We will continue to provide regular updates on treasury management and allocation strategies.

Stay tuned for more updates on Salvium’s development and growth!