XDAO for the fam:
TREASURY

We’re launching a new series where we’ll regularly explain DAO-related terms in simple language!

The treasury is the shared crypto wallet of a DAO, where all community funds are stored — from member contributions to revenue generated by the DAO’s activities

Think of it as a shared safe that only works when everyone agrees. No single member can spend money from the treasury on their own. First, someone needs to propose an idea — for example, allocating 500 TON to promote the project. Then, a vote takes place. If the majority supports the proposal, the funds are automatically transferred as intended. If not, they stay put

All transactions are visible on the blockchain, meaning anyone can check where the money went and who voted for what — at any time