🏦The Treasury
Last updated
Last updated
The treasury's goal is to manage and grow the Orcas DAO assets. The treasury funds will be utilized responsibly for the benefit of the organization. In the initial phase of the flow (minting and investing) the funds are kept in so called Operational Wallets (separate wallets for each Tier). After the funds are exchanged to assets, those are stored in Vaults (separate wallets for each Tier) managed by the co-funders via a multi-signature wallet. All three wallet signatures are required for any transactions that involves Tier Vaults.
We have the following vaults (tier based):
Casual
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Hero
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Legend
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Dominus
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Apex
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Treasury Activities
Marketing, community building, and events
Manage lock, unvested, and undistributed tokens of the community members
Fundraising rounds and token buybacks
Token swaps with strategic partners that can benefit the guild
Purchase or sell of NFTs/assets.
Report updated information regarding funds and assets.