From 8dd467d39e80370c8a61509d85c415b207f262b2 Mon Sep 17 00:00:00 2001
From: niclaz <83479948+niclaz@users.noreply.github.com>
Date: Wed, 14 Aug 2024 21:13:50 +0200
Subject: [PATCH] Create treasury.md in /governance

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+---
+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)