# Treasury Management

The Metronome DAO Treasury has been allocated 8,203,669 MET tokens and 8,346 Ethereum which originated from the Metronome 1.0 Autonomous Converter Contract (ACC). These funds are controlled by a multi signature wallet.

Treasury funds will be used for further development of the Metronome ecosystem, to develop new products, and for collaborating with other leading DeFi projects. &#x20;

Treasury funds will also be used to provide protocol-owned liquidity on major DEXes. 2,000,000 MET, 1000 ETH & 250,000 USDC have been provided as LP on Uniswap v3.

MET tokens held by the DAO Treasury will not participate in DAO governance/voting. &#x20;

An additional multi signature wallet funded with MET will act as a satellite wallet at the discretion of the team for ongoing operational expenditures. &#x20;

The Metronome community will be able to propose and vote upon treasury spending in the future.

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DAO Treasury proposals and votes can be viewed on the [Metronome Governance Snapshot](https://snapshot.org/#/metronome.eth) web site.


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