> For the complete documentation index, see [llms.txt](https://frozenblock-finance.gitbook.io/official-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://frozenblock-finance.gitbook.io/official-docs/tokenomics/dao-fund.md).

# DAO Fund

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.\
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Information about the DAO is as follows:\
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\- When tokens are below peg buybacks will be initiated by the DAO\
\- When tokens are above peg the DAO will sell tokens to accumulate stables and prepare to buyback if the peg goes below 1 TWAP\
\- 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