# Treasury

## Treasury

The treasury contract is a simple vault implementation holding all the funds collected by the protocol. If for instance a user purchases a wsOHM bond, the bonded wsOHM is fully taken in by the treasury in return of the market equivalent of OTWO bonded for. New OTWO will be minted based on the RFV of the treasury assets. Below are listed treasury contracts by version, where the latest version represents the currently active contract.

* V1 [0xcFdd88430712350704b23c91b6cC6469fbd351F1](https://snowtrace.io/address/0xcFdd88430712350704b23c91b6cC6469fbd351F1)
* V2 0x10C12B7322Ac2c5a26bD9929ABc6e6b7997570ba


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