### Treasury Price Index (TPI)
The [Treasury Price Index](https://templedao.medium.com/the-new-temple-b121c2aaded4) is a metric for the stablecoin backing per TEMPLE token. TPI tracks the stable backing per TEMPLE through our innovative "TPI Drip" mechanic. Over time, as we reap the rewards from Treasury activities and liquidated into stablecoins, the TPI will grow accordingly.
TempleDAO utilises a novel AMO (Algorithmic Market Operation) liquidity manager called [RAMOS](https://templedao.medium.com/the-new-temple-b121c2aaded4) to support TEMPLE price at a level no lower than its TPI metric.
The Treasury may holds volatile assets which are not directed toward TPI growth. Subject to DAO governance, certain volatile tokens may be reserved for [Spice Auctions](/spice-bazaar/spice-auctions.md).
---
# Agent Instructions: Querying This Documentation
If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.
Perform an HTTP GET request on the current page URL with the `ask` query parameter:
```
GET https://docs.templedao.link/temple-codex/treasury-price-index.md?ask=
```
The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.
Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.
