It’s no secret that many blockchain projects rely on a centralized foundation or a small group of lead developers to decide where funding goes. PIVX, however, operates as a Decentralized Autonomous Organization (DAO), and central to this autonomy is the PIVX Treasury.
The PIVX Treasury is a self-funding mechanism that ensures the project doesn’t have to rely on venture capital, ICOs, or “charity” to survive. In this article, I’ll work you through all you need to know about the Treasury.
PIVX does not have a cap on its supply. Instead, the network PIVX utilizes a dynamic coin supply model. That said, the Treasury is not a pre-mined pot of gold; rather, it is fueled by the blockchain’s emission schedule.
Every time a new block is “minted” (roughly every 60 seconds), a specific amount of PIV is created. As of 2026, the standard reward distribution for a single block is 4 PIV to stakers for securing the network, 6 PIV to masternode operators for governance, and 10 PIV is “allocated” to the treasury.
While staker and masternode rewards are minted instantly, the 10 PIV treasury allocation is not created immediately. It is simply “available” to be minted if the community votes for a proposal. If no proposals are passed, those coins are never created.
The Treasury is a democracy, but it is one where the “voters” are those with a significant stake in the network’s health. To vote on how the Treasury funds are spent, one must operate a masternode.
A Masternode requires a locked collateral of 10,000 PIV. Each Masternode equals one vote. This ensures that the people making financial decisions are heavily incentivized to act in the best interest of the coin’s value and longevity. Because anyone with 10,000 PIV can set up a node, the power is spread across hundreds of individual owners globally rather than a single board of directors.
The Treasury operates on a monthly cycle, culminating in an event known as the Superblock.
Anyone, from a lead developer to a community member, can submit a proposal to the network. To prevent “proposal spam,” the network requires a submission fee of 50 PIV, which is permanently burned (destroyed).
Proposals are usually published on the community forum or discussed in the PIVX Discord. Masternode owners use their PIVX Core wallets or the MyPIVXWallet to cast “Yes,” “No,” or “Abstain” votes.
Every 43,200 blocks (approximately 30 days), the blockchain looks at all active proposals. A proposal “passes” if it receives a net total of positive votes exceeding 10% of the total Masternode count. If the proposal passes, the network automatically creates a Superblock.
The Superblock contains the total amount of PIV requested by the winning proposals. The PIV is sent directly from the blockchain to the proposer’s address. There is no middleman.
It is worth mentioning again that the treasure has a “use it” or “lose it” nature. So, if the community only votes to spend 10,000 PIV, the remaining 33,200 PIV are never minted. All transaction fees on the network are burned, and unused treasury allocations are skipped. This creates a counterbalance to inflation, ensuring that the PIVX economy remains stable over decades.
Written by Clement Saudu
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