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Update treasury.md post reorg
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title: Treasury
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title: Treasury
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The Treasury is our main financial instrument that receives all of our income (from [Partner fees](/partners) or [private donations](/donate)) and redistributes these funds within our initiative.
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The Treasury is our main financial instrument that receives all of our income (from [Membership fees](/get-involved/partnership) or [private donations](/get-involved/donate)) and redistributes these funds within our initiative.
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The on-chain portion of the funds is managed through [Multi-sig wallet](/core-team/multisig), but Treasury also holds funds off-chain in fiat through the [Association](/association).
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The on-chain portion of the funds is managed through Multi-sig wallet, but Treasury also holds funds off-chain in fiat through the Association.
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Treasury management is the responsibility of the [Core Team](/core-team).
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Treasury management is the responsibility of the [Core Team](/core-team).
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## Distribution
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## Distribution
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* 30% automatically goes to [Contributors Guild](/guild), eq. directly to contributors
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* 30% automatically goes to [Contributors Guild](/contributors/index), eq. directly to contributors
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* the remaining 70% is distributed through [Funding Requests](/resources/funding#funding-requests) to specific projects or Workgroups
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* the remaining 70% is distributed through [Funding Requests](/resources/funding#funding-requests) to specific projects or Workgroups
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![Treasury flow](./assets/treasury-flow.png)
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![Treasury flow](./assets/treasury-flow.png)
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