Ink Finance Guide v2
  • Welcome to Ink Finance
  • Getting Started
    • Network and Wallet
      • For Testnet Users
      • Wallet and Assets
    • Role Selection
      • DAO Manager
      • DAO Member
    • Navigating INK Webapp
      • The DAO List
      • The DAO Dashboard
  • DAO Creation
    • Governance Token vs. Badge
    • Create a New DAO
      • DAOs with Governance Token
        • Set up New Staking Engine
      • DAOs without Governance Token
  • For Managers
    • At the Board-level
      • Configure Committees
        • Treasury Committee
          • Treasury Setup
          • Auditable Incomes
          • Change Treasury Manager
        • Community Committee
          • Community Management Setup
          • Social Resources Setup
          • Change Community Manager
          • Remove Community Board
        • Investment Committee
          • Investment Management Setup
          • Change Investment Manager
          • Remove Investment Committee
        • Funding Committee
          • Funding Management Setup
          • Change Funding Manager
          • Remove Funding Committees
      • Make Proposals
        • Off-chain Proposals
        • Change Governance Rules
        • Merger & Acquisition
  • At Committee-level
    • Treasury Operations
      • Payroll Setup
      • One-time Payment
      • Direct Transfer
      • Sign Payment
      • Audit Incomes
    • Community Operations
      • Set up Airdrop
      • Sign Airdrop
      • Poll & Survey
    • Investment Operations
      • Administration
        • Set up Fund
        • Launch & Start Fund
        • Dissolve Fund
        • Allocate Fees
      • Trading
        • Introduce Assets
        • Initiate Trade
        • Distribute Dividends
        • Deposit Income
      • Approving
        • Approve Assets
        • Approve Trade
      • Liquidate Fund
      • Audit
    • Funding Operations
      • Set up Funding Product
      • Launch & Start
      • Manage Product
      • Distribute
      • Dissolve
  • For All Members
    • All Proposals
      • Open for Vote
        • Cast Votes
        • Tally Votes
      • Resolutions
        • Execute Off-chain Resolutions
        • Execute On-chain Resolutions
      • Failed Proposals
    • DAO Activities
      • Governance Rules
      • Treasury Activities
        • Treasury Balance
          • Deposit to Treasury
        • Payment History
        • Income History
        • Audit Reports
      • Community Activities
        • Airdrop History
        • Polls & Surveys
      • Investment Activities
        • Open for Investment
        • Funds in Operation
        • Matured Funds
        • Failed Launch
      • Funding Activities
    • Member Activities
      • Collect Pay
      • Staking & Pledging
      • Management Record
      • Voting Record
      • Your Investments
      • Verify Identity
  • The White Paper
    • 🔎Ink Finance White Paper
  • More Readings
    • The INK Modules
    • Unified Custodian Vault
    • InkEnvelope
    • QUILL Utilities
    • QUILL Allocation
    • Ink Economy Rules
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On this page
  1. For Managers
  2. At the Board-level
  3. Configure Committees
  4. Treasury Committee

Treasury Setup

The Board assigns Treasury Managers with different duties and privileges regarding the operation of the DAO's internal financial activities.

PreviousTreasury CommitteeNextAuditable Incomes

Last updated 2 years ago

Shortcut: Left panel For Manager -> Committees; Right panel Treasury Committee -> Treasury Setup.

A Board member can only appoint any social media verified user wallets to the Treasury Committee as Treasury Managers, and assign to them different responsibilities and operational privileges, who can later perform the .

The Board member can require additional level of identity verification for some of the Treasury Managers. A third-party developed verification system can be used in the setup.

  • Step1: Additional Manager qualification or verification

  • Step2: Give this proposal a title and description

  • Step3:

    Assign duties to verified wallets, and the positions include:

    Treasury Operators, who can initiate asset transfer

    Treasury Signers, who can sign off asset transfers or payments

    Treasury Auditors, who can audit income and revenues Allow Treasury to make investment? If yes, set up Treasury Investment Manager, who can make investment for the DAO

Step 4: review the proposal and confirm.

INK Web App enforces the "stake to govern" method, which requires that the proposing Board member has staked the minimum number of the governance tokens and pledge them to back the setup proposal. The Web App will check this condition after the user clicks the Confirm button.

Everyone is able to view the setup Proposal, once it is successfully created. Depending on the voting power set by the Board, appropriate members can vote on this setup proposal.

When this setup is successfully executed on-chain, the newly created Treasury Committee can be found via the left panel shortcut General -> DAO Activities; right panel From Treasury

When this Treasury Setup proposal expires, a Board member needs to before it can take effect.

tally the votes and execute it on-chain
Treasury Operations
Treasury Committee
Treasury Setup
Manager Qualifications Verification
Title＆descriptions
Pledge-to-govern: the Proposer must pledge minimum number of staked tokens