.@turtledotxyz treasury and their token - what if scenario Speculation: Imagine staking your Turtle token and receiving a share of their future earnings.... Turtle have $10.4M in their treasury right now and if you do a little snooping on the Turtle site you'll see it's split into 3 parts: > Tokens holdings: These are tokens that have been earned through @turtledotxyz activities. For example when Turtle link up with a project and help them to get users to earn points, a share of those points (and thus tokens) is given to Turtle and Turtle convert some of those tokens to USDT, ETH or USDC. > Positions: These are actively managed DeFi positions. It's a portion of their token holding that they're deploying into DeFi to earn yield - these positions generate extra yield for the Turtle treasury. > Unrealized Earnings: These are all the assets owed to Turtle DAO which they haven't received as tokens yet to put into their Treasury. I.e. tokens they are owed from protocols that haven't paid out yet. Why do Turtle get paid by protocols? Because they help them get more users which helps boost their metrics and participation. As a thank you, Turtle gets a cut - which comes from the projects, not from the users (users actually get boosted). So this is pure speculation on my part but either way I'm excited to see what additional roles the token will play after TGE - other than LP incentives.