> For the complete documentation index, see [llms.txt](https://ink-finance.gitbook.io/ink-finance-guide/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/for-managers/propose/treasury-management/treasury-setup.md).

# Treasury Setup

Treasury Setup is usually the first on-chain proposal that a DAO creator proposes. Both the DAO List View and Exploring View have shortcut to making this proposal: <mark style="color:green;">Propose / Treasury Management / Treasury Setup</mark>.&#x20;

![Click to get into your DAO and select Propose - Treasury Management](/files/ABsbIOQpE6mvUWXzlLXb)

* Step1: Give this proposal a title and description
* Step2:&#x20;
  1. Assign the duties to verified wallets, and the positions include:

     [*Operator*](broken://pages/MoRaXxczDhEPBWuhSULm)*, who can initiate asset transfer*

     [*Multi-Signers*](broken://pages/MoRaXxczDhEPBWuhSULm)*, who can sign off asset transfers or payments*

     [*Income Auditors*](broken://pages/MoRaXxczDhEPBWuhSULm)*, who can audit income*
  2. Setup DAO's boundary of external financing

     *Allow borrowing with Treasury asset as collateral?*

     *Allow borrowing by the DAO's credit?*

     *Allow Treasury to make investment?*

![Step 3: Assign manager duties and set the DAO's authority of external financing](/files/K4hIQZVw8CtTfYyJagUK)

* Step 3: review the proposal and confirm. INK enforces "***stake to govern"*** method, which requires that the Proposer has staked the minimum number of governance tokens (defined by the DAO creator) and ***pledge*** them to back the proposal. INK 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)

![Proposal being created](/files/SEqeL7HI7SnjIwijxpmE)

Everyone is able to view the new Proposal once it is successfully created.

![Viewing an Open Proposal](/files/qEsYI0WmLAjWJdgt4L2T)

When this Proposal expires, the Proposing Manager needs to [Tally Votes and Execute On-chain](/ink-finance-guide/for-managers/vote-tallying-and-execution.md) before it can take effect. When this proposal is successfully executed, the DAO will have its Treasury Committee, which can be found under the shortcut <mark style="color:green;">**Committees**</mark>, and the Treasury Vault, whose holdings can be found under the shortcut <mark style="color:green;">**DAO Activities / Treasury Balance**</mark>.&#x20;

![](/files/gfi37JvCVEthEvZP23tr)