## A Transparent Look at Sovryn’s Finances: Treasury and Protocol Revenue Report
In Community Call #63, the Sovryn Exchequer committee took the stage to present a comprehensive financial report on the health of the protocol. The session provided the community with a transparent look into the Sovryn Treasury, the sources of protocol revenue, and how those funds are being managed to secure the project’s long-term future.
### Protocol Revenue: The Engine of Sovryn
The core of the presentation focused on the fees generated by the protocol’s various functions. These fees represent the real yield earned by the platform and are the primary source of rewards for SOV stakers. The main revenue streams detailed were:
* **Trading Fees:** A percentage of every swap conducted on the Sovryn AMM and margin trading platform.
* **Lending Fees:** A portion of the interest paid by borrowers in the lending pools.
* **Origination Fees:** Fees charged for opening new loan positions.
* **Zero Protocol Fees:** Fees generated from minting and redeeming the Sovryn Dollar (DLLR).
All of this revenue is collected by the fee-sharing contract and distributed pro-rata to SOV stakers, providing them with a real yield paid in a basket of assets including BTC, XUSD, and DLLR.
### Managing the Sovryn Treasury
The second part of the report covered the **Sovryn Treasury**, which primarily consists of SOV tokens allocated for funding the protocol’s development, marketing, and ecosystem growth. The Exchequer detailed the current state of the treasury and the budget that has been approved by the Bitocracy.
Key takeaways included:
* **Long Runway:** The treasury is being managed conservatively to ensure Sovryn has a multi-year development runway, allowing it to continue building and growing regardless of market conditions.
* **Strategic Allocations:** Funds are being strategically deployed to initiatives like the Builder Program and liquidity mining rewards to foster ecosystem growth.
* **Transparency:** The Exchequer reiterated its commitment to regular financial reporting, ensuring the community remains informed about how its collective resources are being used.
This session underscored Sovryn’s commitment to building a sustainable and profitable protocol, where community stakeholders are rewarded with real yield and have clear visibility into the project’s financial health.