Treasury
The treasury is Monsterion's protocol-owned reserve — a transparent, read-only wallet view of the protocol's holdings, plus the accounting model for the PYUSD reserve.
What flows into the treasury
| Source | Currency | Note |
|---|---|---|
| Primary skin sales | $IONS | The full price of each primary skin (no fee). See Primary Shop. |
| Secondary marketplace fee | USDC | The 4.8% treasury leg of every resale. See Marketplace & Fees. |
| Fee-share treasury cut | raw fee token | Default 20% of each fee-share harvest (≤ 50%). See Fee-Share. |
| Module treasury legs | varies | Reserve/creator legs of launchpad fee modules. |
The treasury module (read-only viewer)
The launchpad app's ◉ treasury module is a live, read-only Solana wallet tracker: native SOL plus priced fungible tokens, fetched server-side via the Helius DAS API (the API key never reaches the browser). It also presents the protocol-owned PYUSD reserve accounting model.
The treasury viewer is one of the few fully live pieces of the stack — it reads real on-chain balances through
/api/portfolio. Without a Helius key the UI still loads and explains exactly what to set.
The PYUSD reserve
The flywheel's 70% leg accumulates a protocol-owned PYUSD reserve, deposited into Kamino to earn variable yield. Critically:
- The reserve is owned by the protocol, funded only by fees — users never deposit it.
- Principal stays in Kamino; only realized yield is harvested out to stakers.
- The reserve is exposed to third-party protocol risk (Kamino, Solana). See the Disclaimer.
Buyback & burn
The secondary marketplace's other fee leg (4.8%) does not sit in the treasury — it's spent on PumpSwap to buy $IONS and burn it, creating direct buy pressure. So of each 9.6% resale fee: half strengthens the treasury, half shrinks $IONS supply. See $IONS Token.