Operations

The ULN Treasury has been established as an entity that funds the development and marketing of the ULN infrastructure. The account will be funded by the Early Investors and the IDO respectively.

All funds raised via Early Investors and IDO will be diversified into decentralized financial Protocols (DeFi). ULN Operations will be funded solely by interests made off the principle of the treasury.

The treasury principal will never be spent. This will ensure the project will never run out of funds. Every aspect of the ULN project is designed for long term infiniti operations. We strongly believe in transparency and thus will provide updated data on the value of the treasury along with interest produced for operations on a regular basis.

Due to the nature of the operations of the treasury; the principle will not be listed as a profit as no one will have access to the principle as such can’t be viewed as a profit for any individual. Interest the treasury generates will be accounted for as profit for the organization that will be spent 100% on operations to always result in a zero profit for the organization.

Contractors paid by the ULN Treasury are responsible for following their native taxation laws and do not represent the ULN.

The ULN Treasury has the ability to reinvest interest back into the principle. These funds once reinvested cannot be removed as it is a one way operation.