Core Responsibilities

Core Responsibilities of the Treasury

1. Maintaining CSM Market Liquidity

• Deploys assets into Automated Market Maker (AMM) pools.

• Strategically manages liquidity positions and engages in market operations.

• Ensures sufficient depth for CSM trading pairs across decentralized exchanges (DEXs), minimizing slippage and improving user trading experience.

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2. Stabilizing the CSM Price Mechanism

• Intervenes when CSM's price deviates outside the designated target range — in alignment with the Dynamic Stability Mechanism (DSM).

• Conducts buybacks or minting operations as needed to maintain relative price stability.

• Leverages reserve assets to strengthen market confidence in CSM’s value.

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3. Optimizing Reserve Asset Yields

• Deploys Treasury assets into low-risk DeFi strategies, such as:

  • Staking

  • Lending

  • Stablecoin yield farming

• Utilizes returns to:

  • Support protocol development

  • Share Treasury revenue with veCSM holders

  • Conduct buybacks and token burns to reinforce CSM’s deflationary pressure