> For the complete documentation index, see [llms.txt](https://ink-finance.gitbook.io/ink-finance-guide-v2/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://ink-finance.gitbook.io/ink-finance-guide-v2/for-managers/at-the-board-level/configure-committees/treasury-committee/treasury-setup.md).

# Treasury Setup

Shortcut: Left panel <mark style="color:green;">**For Manager -> Committees**</mark><mark style="color:green;">;</mark> Right panel <mark style="color:green;">**Treasury Committee -> Treasury Setup**</mark>.

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 [Treasury Operations](/ink-finance-guide-v2/at-committee-level/treasury-operations.md).

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.

<figure><img src="/files/bS9amQvfMSG6YONdcXeP" alt=""><figcaption><p>Treasury Committee</p></figcaption></figure>

<figure><img src="/files/xwlI9I0jfMclS8rkcESH" alt=""><figcaption><p>Treasury Setup</p></figcaption></figure>

* Step1: Additional Manager qualification or verification

<figure><img src="/files/Njgg4NUSUF1J6RumgrUO" alt=""><figcaption><p>Manager Qualifications Verification</p></figcaption></figure>

* Step2: Give this proposal a title and description

<figure><img src="/files/zerMeNp1ILkevoSBb8AU" alt=""><figcaption><p>Title＆descriptions</p></figcaption></figure>

* Step3:&#x20;

  Assign duties to verified wallets, and the positions include:

  *<mark style="color:blue;">Treasury</mark>* [*<mark style="color:blue;">Operator</mark>*](broken://pages/MoRaXxczDhEPBWuhSULm)*<mark style="color:blue;">s</mark>, who can initiate asset transfer*

  *<mark style="color:blue;">Treasury</mark>* [*<mark style="color:blue;">Signer</mark>*](broken://pages/MoRaXxczDhEPBWuhSULm)*<mark style="color:blue;">s,</mark> who can sign off asset transfers or payments*

  *<mark style="color:blue;">Treasury</mark>* [*Auditors*](broken://pages/MoRaXxczDhEPBWuhSULm)*, who can audit income and revenues*\
  *Allow Treasury to make investment? If yes, set up <mark style="color:blue;">Treasury Investment Manager</mark>, who can make investment for the DAO*

<figure><img src="/files/RjisdDyOT1NU7KnVeU3V" alt=""><figcaption></figcaption></figure>

Step 4: review the proposal and confirm.

<figure><img src="/files/bhCK4uUXQCZ1Y5UviXeS" alt=""><figcaption></figcaption></figure>

&#x20;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.&#x20;

![Pledge-to-govern: the Proposer must pledge minimum number of staked tokens](/files/XP7mblWyHgWij49exZny)

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.

<figure><img src="/files/H2w4PwqoLL0rf0YBQK9e" alt=""><figcaption></figcaption></figure>

When this Treasury Setup proposal expires, a Board member needs to [tally the votes and execute it on-chain](/ink-finance-guide-v2/for-all-members/all-proposals/open-for-vote/tally-votes.md) before it can take effect.

When this setup is successfully executed on-chain, the newly created Treasury Committee can be found via the left panel shortcut <mark style="background-color:blue;">**General -> DAO Activities**</mark><mark style="color:green;">;</mark> right panel <mark style="color:blue;">**From Treasury**</mark>

<figure><img src="/files/pftIlcvNwzwpYMStv8u4" alt=""><figcaption></figcaption></figure>