The Treasury
“15% Platform Fee · capped · paid out of the waterfall · long-dated · soil-first.”

In plain mechanics: after expert, supplier and operator costs, 15% of every settled project may flow as the Platform Development Fee — contractually fixed, paid out of the waterfall, to the operating system. The remainder goes to treasury, then tax. The inflow is long-dated, and the engine compounds rules-based across the operating cycle — without diluting the per-token claim on underlying land.
Platform Fee 15% of project value · paid out of the waterfall.
Allocation happens at settlement of each verified outcome. The fee sits fixed whenever it would push treasury below the 15% floor.
Fixed rate, parameterised against portfolio AUM. Long-dated equity — does not affect the per-token claim on underlying land.
Treasury balance compounds across the operating cycle.
Year 1: treasury balance ≥15% of cohort verified value. Year 4: balance grows with Σ(cohort verified value) × cohort growth factor.
Reinvestment is rules-based. No discretionary distribution clears against treasury balance until the cap re-floats.
15% Platform Fee · paid out of the waterfall · capped · long-dated.
Indicative · forward-looking · RG 170.
Forward-looking statements are subject to assumptions disclosed in the IM and depend on factors outside Fresh Earth’s control (RG 170).
Wholesale only. Capital is at risk. Past performance is not indicative of future results. Read the IM and the Subscription Agreement.
Forward-looking · indicative · RG 170. Wholesale only.
Stripe-Press editorial · two-panel · left panel stacked-bar value distribution with the 15% Platform Fee block in gold; right panel small-multiples line chart showing treasury balance compounding across 4 fiscal years; hairline rules.
Rules-based. Permanent. Compounding.