Ink Finance Guide
Search…
⌃K

Treasury

This group of shortcuts are related to a DAO's fiscal management. They are designated duties assigned to the Treasury Managers.
The Secure and Multi-Asset Treasury Vault
Ink Finance is a smart-contract factory for DAOs. INK holds no operational authority over these smart contracts. The Treasury Manager roles, the process through which these roles are created, and the smart contracts tied to DAO-voted resolutions guarantee security & autonomy. Any subsequent treasury vault operations, like transaction setup, signing, etc., must be verified by one of these vault-controlling smart contracts tied to the resolution executed on-chain.
The treasury vault is a Universal Custodian Vault or UCV. It supports any blockchain asset, especially InkEnvelope-wrapped assets. INK highlights InkEnvelopes because they are instrumental to DAO asset acquisition, especially if your DAO’s assets are on multiple blockchain networks or off-chain. When cross-chain technology isn’t available, or if the assets you own are not on-chain (like in the various gaming or Metaverse ecosystems). Treasury managers can rely on INK’s asset wrapping facility (InkEnvelopes) to wrap, import, and deposit any asset into the DAO treasury vault.
Since any manager who can perform duties in this group of functions are those who were voted into their positions, there is no further voting required when they perform their duties. Some internal checks-and-balances relationship does exist between these managers, such as that a Treasury Operator can only set up payment schedules that must be signed off by the multi-signors.