It is used primarily to support the monetary policies of ndau via the floor price as specified in the white paper, and while the BPC may vote to change this policy, because it is so fundamental to the design of ndau mathematically, such a change requires a super majority vote of approval of the higher of 8/9ths (eight ninths) or 8 BPC members to alter this policy. There is no direct redemption feature of ndau for assets in the Endowment – ndau is a digital currency, not an exchange traded fund.
