The capital reserves in the BricklayerDAO ecosystem serve multiple critical functions. They are the primary staging area for capital needed to cover operational expenses such as real estate maintenance, legal fees, and contractor payments. At the same time, these reserves provide exposure to growth in virtual assets, primarily generated by our digital mining network, the Quarry. Effective capital distribution will enable $BRCK to benefit both directly and indirectly from the growth and stability offered by key virtual assets like $BTC and $ETH.
Maintaining exposure to fiat currencies remains essential, especially in regions where BricklayerDAO operates or holds real estate. The complexities of local jurisdictions dictate the extent of fiat exposure required. Rental yields, for instance, will typically be received in local fiat currencies, and localised operational expenses will also be paid from locally maintained bank accounts.
All fiat accounts, regardless of the region, will be monitored and brought on-chain using verifiable Oracles. This ensures that even off-chain currencies contribute transparently to the valuation and value peg of $BRCK.
Any fiat received for PropTech or Real World Asset (RWA) services will also be directed to these local accounts.
The primary source of virtual assets comes from the Quarry, our digital mining network, though we encourage our partners to adopt virtual assets where appropriate.
In the early stages of BricklayerDAO, our virtual asset holdings will consist of $BTC, $ETH, $BRCK, $MRTR, and various stablecoins such as $USDC and $AEDT. These assets have been selected due to their resilience in the market or their direct management by our talented team and proven processes.
Unlike fiat accounts, monitoring and verifying BricklayerDAO-controlled virtual wallets for $BRCK valuation is less technically challenging, providing greater transparency and efficiency in managing our virtual assets.
To maximise growth from held virtual assets, BricklayerDAO will implement a clear prioritisation strategy for outgoing expenses.
Given the stable or semi-exponential growth exhibited by $BTC and $ETH over the past decade, fiat resources will be fully exhausted before drawing from virtual assets. In cases of significant virtual asset growth, we will first leverage $ETH within DeFi systems, followed by utilising $BTC for on-chain loans to release excess capital ready to be deployed.
After covering expenses, released capital will be strategically reinvested into high-value assets under management (AUM). These assets will then be processed through our value-add mechanisms, feeding back into the Quarry and increasing our virtual asset holdings to fuel future cycles of growth.
By adhering to this approach alongside our conviction in Real World Assets and Web3, we believe that $BRCK and $MRTR holders will be well-positioned to be rewarded handsomely over upcoming macro and microeconomic cycles.