Layer 3 · Economy
Treasury Ruleset
- Layer: 3 — Economic & Resource System
- Status: Stub — not yet adopted
- RCOS reference: §5.3, §5.5
Treasury Scope
The shared treasury consists of all funds held in the Safe multi-sig wallet and any additional accounts explicitly declared as community treasury accounts via Strategic decision (e.g. a fiat bank account for grant receipt). Only funds explicitly received in the name of EcoHubs and deposited into a declared treasury account are community funds. Operational costs currently covered personally by the founding member are not treasury funds and carry no community obligation or repayment claim.
Any new treasury account (fiat or otherwise) must be declared and approved via a Strategic decision before funds are received into it.
Income Sources
All income streams must align with the External Income Interfaces defined in the Internal Economy Protocol. Current income: none — all operational costs are covered personally by the founding member.
Potential future income interfaces: grants and foundations, Web3 ecosystem funding, partnerships, paid services (tooling, onboarding support, educational programs). Any new income interface must be approved via a Strategic decision before funds are received or commitments made.
Spending Authority
Thresholds must be explicit. No informal spending authority.
| Amount | Decision Type | Authorized Body | Mechanism |
|---|---|---|---|
| Up to delegated limit (currently €0) | Operational | Finance Steward | Delegated — not currently active |
| Any amount above delegated limit | Strategic | Full Members | Snapshot vote |
| Multi-year contracts, debt, or structural financial obligations | Constitutional | Full Members | Snapshot vote + supermajority + 30-day ratification |
Spending thresholds will be defined via a future Strategic proposal once community funds exist. See Future Proposals.
Transparency and Reporting
Transparency is the default. Exceptions must be explicitly defined, justified, and time-bounded.
Safe multi-sig (primary treasury): All Full Members hold at minimum Proposer access on the Safe, giving them real-time visibility of the balance and transaction history via safe.global at any time. No periodic reporting obligation is required for Safe funds.
Fiat or other declared accounts: If the account supports multi-user read access, Full Members must be granted it. If not, Finance Steward publishes a balance and transaction summary to Full Members at least every 6 months.
All spending decisions must reference the linked governance record (Snapshot vote or delegated decision log).
Reserve, Risk, and Debt Constraints
- Debt: No debt may be incurred without a Strategic vote
- Long-term obligations: No recurring costs or contracts may be entered without a Strategic vote
- Contingency reserve: A reserve target will be defined via proposal once community funds exist
- Off-treasury instruments: No financial instruments (loans, investments, guarantees) may be used without a Strategic vote
Conflict-of-Interest Rules
- A requester may not approve their own spending request
- Any member with a direct financial interest in a spending decision must declare it and abstain from the vote
- Finance Steward may not authorize any treasury spending unilaterally while the delegated limit is €0
Ratification Record
- Adopted:
- Decision type: Strategic
- Version:
- Decision record: