💰Onboarding a Treasury

Resources to get started as a Trustee.

🗺️Overview

Daımon enables Communities to onboard their Treasury with the consensus of its MultiSig members. Once the onboarding is complete, the MultiSig wallet becomes the Treasury's Trustee, which is responsible for the alignment of the Treasury's mandate with the tokenholder's agenda.

Trustees have the duty to safeguard the tokenholder's interests and concerns by informing the Asset Management Castle through Treasury Proposals. Trustees submit proposals based on the holder's time horizon, risk preferences, return expectations and market conditions.

👑Powers

Through a system of wallet delegation, the Treasury MultiSig can opt-in to delegate decisions to a single MultiSig member. The discretionary smart contract-based rulesets of the Trustee, initially hardcoded in the protocol's governing logic, are the following:

• Liquidate Treasury

• Delegate/Undelegate Decisions to MultiSig Member

• Delegate/Undelegate Treasury to Management Castle