diff --git a/src/content/docs/governance/treasury.md b/src/content/docs/governance/treasury.md new file mode 100644 index 00000000..a3a9a4fe --- /dev/null +++ b/src/content/docs/governance/treasury.md @@ -0,0 +1,15 @@ +--- +title: Treasury +--- + +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. + +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). + +Treasury management is the responsibility of the [Core Team](/core-team). + +## Distribution +* 30% automatically goes to [Contributors Guild](/guild), eq. directly to contributors +* the remaining 70% is distributed through [Funding Requests](/resources/funding#funding-requests) to specific projects or Workgroups + +![Treasury flow](./assets/treasury-flow.png)