Treasury

SHINOBI will start with an initial supply of 0. All funds received through minting will be directly deposited into the Shinobi's Treasury.

The treasury is a core component of the Shinobi decentralized finance game. It represents all assets held and controlled by the game. 90% of these assets will be redistributed to fuel gameplay and player engagement, while 10% will be allocated as fees to the team.

The primary role of the treasury is to amplify rewards for participants. During the Treasury as a Rewards (TaaR) phase, the protocol will accumulate HYPE tokens through a minting system based on a bonding curve, and redistribute them via a Gamified Rebase mechanism and a Dual-Yield model (offering rewards in both treasury assets and native tokens).

The treasury is not designed for long-term accumulation. The TaaR phase and the Shinobi season will conclude once the final dollars in the treasury have been distributed to players.