Main Managed Treasury

The Main Managed Treasury (MMT) is the core of the entire The Degen Fund ecosystem.

The purpose of its existence is to serve as the backbone of $FUND, acting as a sort of backing for it.

Actually, there is no mechanic that prevents the market cap of $FUND to be higher or lower than the MMT value, but holders will be in total control of what happens with the MMT funds.

Find out more in $FUND mechanics:

Mechanics