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title: Treasury title: Treasury
--- ---
The Treasury is our main financial instrument that receives all of our income (from [membership fees](/membership) or [donations](/donate)) and redistributes these funds within our initiative. 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). 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).