Treasury Policy (Draft)

Principles

• No private premine.
• Transparency: all treasury accounts and vesting are on-chain and visible in explorers.
• Narrow mandate: audits, security, infrastructure, grants/public goods.
• Privacy: founder disclosure is address-only; no personal identity is published by policy.

Sources of funds

• Genesis allocation to public treasury: 7–8% (proposed), on-chain vesting.
• 100% of unclaimed snapshot allocations after a 12–18 month window → Founder vesting address (see "Founder vesting").
• Optional: 2% of staking rewards for the first 24 months; auto-sunset unless renewed via governance and published KPIs.

Founder vesting

• Recipient: (multisig or vesting contract).
• Vesting: 4 years total, 12-month cliff, then linear monthly unlocks.
• Transparency: contract address and vesting schedule published in the snapshot announcement and genesis docs.
• Restrictions: founder tokens are non-transferable prior to vesting (enforced by vesting contract); no exemptions from slashing or governance rules.

Core contributor vesting

• 2–3% of supply from treasury, 4-year vesting with 1-year cliff, approved via on-chain governance, with public identities of recipients.

Governance

• Multisig with named signers and rotation policy; quarterly transparency reports.
• On-chain proposals for significant disbursements; strict scope adherence.