The Treasury

$APES together strong!

Apes are historically good with budgeting!

The $APES token transaction fees will collect funds into the crypto wallet we call the Treasury. We don't have a wallet for each of our spendings, therefore we will manage everything from this accumulated Treasury.

The use of the Treasury funds are be detailed below:

• 60% of the Treasury will be feeding the Ape Capital. The details about the use of this Capital can be seen at the Ape Capital section.

• 30% of the Treasury will be used for all Marketing Expenses. These expenses will be paid for in a transparant way to ensure the successful expansion of the HypeApes brand into the crypto market. When this marketing fund is used, it will be announced in the official channels of HypeApes.

• 10% or less of the Treasury will be used as a Salary Pool for the huge team behind HypeApes, excluding the Developer team. This small portion will ensure that the team stays focused, will not abandon their roles and will be kept motivated in the future. This fund will not got to a single entity or person.

Good to know: The Treasury wallet is a multi-sig wallet, meaning there is no single person responsible for the transactions to ensure that nobody could abuse of this funds.