Treasury

A treasury account is a shared wallet that holds assets owned by a DAO.

Treasury Account

Each DAO can have any number of treasury accounts holding different assets (SPL & Token22). Anybody can deposit tokens into treasury accounts but only DAO members can approve withdrawals through treasury transfer proposals.

DAO Treasury Page

Treasury Governance Settings

  • Min community tokens to create a proposal — The minimal amount of the DAO community governance tokens a member of the DAO has to own to be allowed to propose transfers from the treasury.

  • Min instruction hold up time (days) — The minimal number of days before you can transfer funds from the treasury after a vote on the transfer proposal is approved.

  • Max voting time (days) — The maximum number of days the DAO can vote on the treasury proposals. If consensus is not reached by the end of the voting time, the proposal is defeated.

  • Yes vote threshold (%) — The Yes vote threshold defines the number of Approve votes required to approve a transfer from a treasury account. For example, if there are 10 members in the DAO and the Yes threshold is set to 60%, then at least 6 members must approve any transfers from the treasury.

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