The mainnet value has been 0.20 (20%) since Shelley. Together with the monetary expansion rate, the treasury cut decides the long-run balance between user-facing staking rewards and on-chain treasury accumulation.
The treasury can only be spent through a treasury withdrawal governance action.
Explore next
- RewardsAda earned by delegators and stake pool operators for participating in the network.View term
- TreasuryAn on-chain fund that accumulates a portion of transaction fees and monetary expansion.View term
- Monetary Expansion RateThe protocol parameter (often called ρ) that controls what fraction of the remaining ada reserve is released into the reward pot each epoch.View term
- Treasury WithdrawalA CIP-1694 governance action that proposes taking funds out of the on-chain treasury and paying them to a specified stake address.View term