> For the complete documentation index, see [llms.txt](https://wiki.elephant.money/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://wiki.elephant.money/elephant-money-treasury-system/elephant-treasury-bertha.md).

# Elephant Treasury (BERTHA)

<figure><img src="/files/qItuJsTxOrzdwSUl81ZD" alt=""><figcaption></figcaption></figure>

The Elephant treasury (AKA Bertha) is the ELEPHANT reserve of funds that is used to absorb the circulating supply of ELEPHANT and also provide funding towards payouts for Unlimited NFT stakers, Elephant Money Futures claims and marketing and operational costs.

Since the Elephant treasury acts as a large player, it will collect RFI rewards from incoming trading volume from ELEPHANT and always ensure a managed redemption of 1:1 regardless of peg.&#x20;