Treasure dao is a metaverse concept project built on L2 (Arbitrum), starting from the resources of the metaverse, and carrying out ecological construction around the economic mechanism. As the flagship product of the Ethereum second-tier network, the project was established in August 2021. When it was launched, it focused on NFT financialization and supported users to conduct NFT transactions and loans. Users can obtain token MAGIC mining income by staking Loot, Treasure and other NFT assets or AGLD (Loot community derivative token).