Saltar al contenido principal

How does RetailDAO's Treasury operate? ⚙️

The DAO Treasury is governed by Aragon smart contracts and serves as the on-chain mechanism for managing and distributing the DAO’s main funds ($RETAIL tokens).

1. Treasury Control and On-Chain Execution​

  • The Treasury is fully managed through on-chain governance.
  • Proposals that need to execute transactions exceeding a total amount of 1 million $RETAIL have to be submitted to the DAO Treasury on Aragon.
  • Token holders with at least 1 million $RETAIL may submit proposals directly to the Treasury for on-chain voting.
  • Once approved, anyone can execute the proposal on-chain, triggering the programmed transactions automatically — funds are sent directly to the wallet(s) specified in the proposal.

2. Proposal Submission Process​

There are two primary types of Treasury proposals:

a. Community Proposals​

  • Members, including those who do not meet the 1M $RETAIL threshold, can propose initiatives by first posting a concept proposal in the Governance Forum.
  • If the concept gains sufficient support (at least 8 green check marks ✔️), it may proceed to a governance poll to measure broader community backing.
  • If the poll outcome is positive, a qualified token holder (≥1M $RETAIL) may formally submit the proposal to the Treasury on the proposer’s behalf.
  • Transaction(s) in these proposals may typically include:
    • An individual's (the proposer’s) own wallet,
    • A designated multisig wallet, or
    • Other DAO partner or purpose-specific wallets as outlined in the proposal.

Only proposals that complete this governance process are eligible for DAO community endorsement for voting on the proposal.

b. Budget Proposals​

  • Budget proposals are coordinated by the Treasury Team and/or Contributors Team.
  • These proposals outline planned allocations for each budget period and are posted to the Governance Forum for up to 3 days of community feedback.
  • After the feedback period, the proposal is submitted to the Aragon Treasury smart contract for on-chain voting.
  • Budget proposals typically allocate funds to:
    • The main multisig wallet (for managed distributions),
    • Team or project-specific multisig wallets, or
    • Individual or partner wallets, as defined in the proposal.

3. Voting​

  • Voting duration: Minimum 7 days
  • Approval requirement: 80% “yes” votes
  • Participation threshold (quorum): 10 million $RETAIL voting power

4. Payment Structures and Milestones​

Some proposals may define payment schedules rather than full upfront transfers. These may include:

  • Upfront payments to initiate work (directly from Treasury), and
  • Milestone-based or completion-based payments managed by the main multisig wallet.

In such cases, the main multisig receives the total amount of future milestone and completion based payments and executes the follow-up transfers as milestones are verified or objectives completed, per the proposal’s agreed terms.