# DAO Fund

## DAO Wallet Address <a href="#dao-wallet-address" id="dao-wallet-address"></a>

{% hint style="success" %}
0x0AF5144418a4FE0dB19712A31955513B82108287
{% endhint %}

### Functions of Savanna Finance DAO <a href="#functions-of-tomb-finance-dao" id="functions-of-tomb-finance-dao"></a>

The DAO fund is the second line of defense on top of the Bond Mechanism. The DAO fund is controlled by the Developers and **will later move to a governance system** to vote on using funds in certain areas of the project and outside including investment, marketing etc.

Information about the DAO is as follows:

* When SVN TWAP is below 1, buybacks will be initiated by the DAO. These will be done at a time decided by the core team and not publicized until after the protocol is back in expansion to prevent front running.
* When SVN TWAP is extremely high, the DAO will sell some SVN to help assist bringing back to peg and prepare its reserves for buybacks below 1.
* The DAO fund will hold a range of assets at the discretion of the core team
* The fund may or may not invest in safe projects to earn yield and grow itself at the discretion of the team.