# Token Economics

## Economics

Holders of 00 tokens have an economic interest in the P00LS protocol. Namely, through the intermediary of a Treasury, 00 holders collectively own and control:

* 15% of the total supply of 00 tokens
* 10% of any P00LS creator token
* 100% of the protocol fees generated by P00LS\*

The 00 DAO Treasury address is `treasury.zerozero.eth` or `0xC84E0BDBEd209afe1e40D026878904CB4b6246F7`.&#x20;

The Treasury is available [here](https://etherscan.io/address/0xC84E0BDBEd209afe1e40D026878904CB4b6246F7) and is secured by a multisig wallet controlled by the 00 Foundation.

<figure><img src="https://3388711078-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FdIRTTKRMH6QVsWkxaoaZ%2Fuploads%2FQffnNUAgvi29sja4SrZ1%2FScreen%20Shot%202023-10-16%20at%2010.50.41%20AM.png?alt=media&#x26;token=c2dbdeca-5170-4f8b-9e83-e185b9382e70" alt=""><figcaption><p>All holdings of the Treasury are on-chain and available on Etherscan</p></figcaption></figure>

00 holders can decide on the use and allocation of Treasury holdings through governance proposals (see [Governance](https://p00ls.gitbook.io/00-token/governance)).

*\*only for* [*P00LS v2*](https://p00ls.gitbook.io/00-token/economics/broken-reference)

## 00 DAO Treasury

### 00 Ecosystem Fund

The 00 DAO Treasury controls 15% of the total supply of 00 tokens - the 00 Ecosystem Fund. This fund can be used to fund initiatives, create grants or incentivize community partners.

### Creator Tokens

For each creator token built on P00LS, 10% of the total supply is allocated to the Treasury. While creator tokens are not meant to have a price or a financial value, they give access to the underlying economy of a creator.

For instance, a creator might decide to share the revenue of their NFT mints with their token holders - in which case the Treasury would receive 10% of the revenue shared.

For more information on P00LS creator tokens, see [here](https://p00ls.gitbook.io/00-token/economics/broken-reference).

### Protocol Fees (P00LS v2)

In P00LS v2, creators are charged a small fee for certain actions on their token (see [P00LS Protocol Fees](https://p00ls.gitbook.io/00-token/economics/broken-reference)). 100% of the fees accrue to the 00 DAO Treasury.
