Treasury Contract

Explore the DEC Treasury ERC-20 smart contract: secure, efficient, transparent, and vital to the DEC ecosystem.

The DECT Treasury Contract is a vital component of the Decentralized Ecosystem Community (DEC), designed to securely manage the allocation and distribution of DECT tokens. It facilitates sustainable growth, ensures controlled token vesting, and provides the flexibility to integrate ecosystem earnings seamlessly.

Core Attributes

The Treasury Contract manages a significant portion of DECT tokens under a transparent and predefined plan. Key attributes include:

  • Initial Lock: 480,000,000 DECT tokens were locked in the treasury at launch, representing 48% of the total supply.
  • 4-Year Vesting Plan: Tokens are gradually unlocked over four years, maintaining ecosystem stability and value retention.
  • Fixed Withdrawal Limit: A maximum of 10,000,000 DECT tokens can be withdrawn every 30 days, starting from January 24, 2025.
  • Ecosystem Earnings: Designed to integrate future ecosystem revenues, enabling the treasury to support ongoing development and growth.

Implemented Functions

The Treasury Contract includes robust functionalities to ensure efficient and secure token and asset management:

Token Management

  • withdrawDECT: Allows controlled token withdrawals based on the predefined limit and schedule.
  • getDECTBalance: Retrieves the current balance of DECT tokens within the treasury.

Asset Recovery

  • recoverETH: Allows recovery of any ETH held in the contract, ensuring unused assets are not locked indefinitely.
  • recoverERC20: Transfers non-DECT ERC-20 tokens back to the designated wallet for flexible treasury management.

Vesting and Unlock Schedule

The DECT Treasury Contract enforces a strict vesting plan to balance the needs of ecosystem development with long-term sustainability:

  • Initial Lock: 480,000,000 DECT tokens locked at contract deployment.
  • First Unlock: 10,000,000 DECT tokens available on January 24, 2025.
  • Monthly Unlocks: Subsequent unlocks occur every 30 days, up to a maximum of 10,000,000 DECT tokens per interval.
  • Final Unlock: All remaining tokens will be unlocked by December 24, 2028.

Security Mechanisms

To safeguard assets and ensure transparency, the Treasury Contract incorporates:

  • Access Control: Only the designated wallet can execute withdrawals or asset recovery functions.
  • Error Handling: Prevents invalid operations, such as withdrawing before the unlock date or exceeding available balances.
  • Immutable Code: The contract is non-upgradable, eliminating risks of unauthorized modifications.
  • Event Logs: All withdrawals and recoveries are logged for full transparency and community oversight.

Integration with the Ecosystem

The Treasury Contract is designed to evolve with the DECT ecosystem. Future ecosystem earnings, such as transaction fees or dApp revenues, can be integrated to support development, fund community initiatives, or stabilize token value. This ensures the treasury remains a dynamic and vital component of the decentralized community.

Verification and Auditability

The DECT Treasury Contract is verified on Etherscan, ensuring full transparency and compliance with industry best practices. Open to third-party audits, the contract maintains community trust by adhering to rigorous security standards.

Explore the verified contract on Etherscan for detailed technical insights.

Conclusion

The DECT Treasury Contract represents a secure, transparent, and efficient mechanism for token distribution and ecosystem management. By enforcing a strict vesting plan and enabling flexibility for future earnings, it ensures sustainable growth and aligns with the principles of decentralization and community empowerment.