> For the complete documentation index, see [llms.txt](https://info-190.gitbook.io/docs.indao.money/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://info-190.gitbook.io/docs.indao.money/contracts/treasury.md).

# Treasury

The treasury contract is a simple vault implementation holding all the funds collected by the protocol. If, for instance, a user purchases a IND-USDT LP bond, the bonded IND-USDT LP is fully taken in by the treasury in return of the market equivalent of **IND** bonded for. New **IND** will be minted based on the RFV of the treasury assets. 

 ●To be updated…