Funding & Partners
1 min
tresr received a seed funded budget of $400k to cover early development, admin, community incentives, and marketing costs this allocation was given by a now dissolved dao and the 5% $tresr allocation to be delivered to their treasury has been renounced \[ https //snowtrace io/tx/0x3dc8bcf4438c89446d259616616ca062ff62d6c60782e04095a126df60929e47?chainid=undefined ] reducing $tresr circulation supply by 23,427,066 tresr tokens tresr received a hand off of $smrtr resources the tresr community is completely separate from the smartercoin project and the $smrtr token keys have been renounced by the old team ( https //snowtrace io/address/0x1495b7e8d7e9700bd0726f1705e864265724f6e2/contract/43114/readcontract?chainid=43114 ) the following were transferred from the original smartercoin wallets to create the treasury 2,534,728,788,370 $smrtr 17,392,723 $smrtr avax jlp tokens 5,593 $usdc all $smrtr that was in the seed funding treasury wallets has now been burned ( https //snowtrace io/tx/0x228c67fc7c2958cb187943551459478609c8e49b4abdcbae07a72a75f849b28c )