## Post-Genesis: A Transparent Look at the Sovryn Treasury
Community Call #25 was a session focused on transparency and long-term financial planning. Following the successful completion of the Genesis token sale event, the Sovryn Exchequer committee presented the first comprehensive report on the state of the **Sovryn Treasury**, detailing the assets raised and the strategy for their management.
### The Results of the Genesis Sale
The call began by celebrating the success of the Genesis event, which was the initial distribution of the SOV governance token. The team shared the final figures on the amount of Bitcoin raised from the community and early strategic partners. These funds form the initial core of the treasury’s non-SOV assets and provide a multi-year runway for the project’s development.
### Composition of the Treasury
The Exchequer provided a breakdown of the treasury’s holdings:
* **Bitcoin (BTC):** The primary asset raised during the Genesis sale. This is held in secure, multi-signature cold storage and is used to fund all operational expenses, such as paying core contributors.
* **Sovryn Tokens (SOV):** The majority of the treasury consists of SOV tokens, which are allocated for specific purposes as defined in the tokenomics and approved by the Bitocracy. These allocations include:
* **Development Fund:** To be used over many years to fund core protocol development.
* **Adoption Fund:** For marketing, partnerships, and user acquisition initiatives.
* **Liquidity Mining Rewards:** To incentivize liquidity on the platform.
* **Ecosystem Grants:** To fund the Builder Program.
### A Strategy of Prudent Management
The Exchequer emphasized a conservative and prudent approach to treasury management. The primary goal is to ensure the **long-term sustainability** of the Sovryn project. This means creating and adhering to a strict budget, diversifying assets where appropriate (subject to Bitocracy approval), and always maintaining a runway of several years.
This transparent financial report was a critical step in building trust with the community, demonstrating that the funds entrusted to the project are being managed responsibly with a clear focus on achieving Sovryn’s long-term vision.