> For the complete documentation index, see [llms.txt](https://docs.capella.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.capella.finance/governance/treasury.md).

# Treasury

## Governance Treasury  <a href="#decentralized-treasury" id="decentralized-treasury"></a>

All Capella Finance agreement revenues will be deposited into the Governance Treasury, and ultimately voted upon to determine how they are to be used.

## Revenue Streams <a href="#revenue-streams" id="revenue-streams"></a>

### Liquidity Pools <a href="#interest-margin" id="interest-margin"></a>

* Capella Finance currently receives 25% from profits generated by Liquidity Pools.&#x20;
* 20% of all Cape tokens are Locked up for the Governance Treasury. All dividends will be used for growing Capella ecosystem.&#x20;

## Expenditure Patterns for Governance Treasury  <a href="#expenditure-patterns" id="expenditure-patterns"></a>

All expenditure plans must be decided through a governance vote.

### Execution of Repurchase <a href="#execution-of-repurchase" id="execution-of-repurchase"></a>

* Repurchase CAPE using the specified asset balance in the Treasury；
* Repurchase CAPE using the specified asset balance in the Treasury to the agent address；

### Execution of Marketing & Sponsorship <a href="#execution-of-donation-and-sponsorship" id="execution-of-donation-and-sponsorship"></a>

* Use of designated assets in the Treasury for Promotions.

### Execution of buy back & burn $CAPE <a href="#execution-of-compensation" id="execution-of-compensation"></a>

* Using 25 % of Governance Treasury we will buy back CAPE and burn them, until we buy 50% of all CAPE (500MM) back.&#x20;


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