Section 6: Treasury Management and Fund Disbursement

6.1 Treasury Overview

The Cathedral Foundation DAO’s treasury is managed through a multi-signature wallet. Funds are disbursed according to the outcome of community-approved proposals and are executed through smart contracts for full transparency.

6.2 Multi-Signature Management

The treasury is governed by a team of trusted members who act as multi-signature wallet signers. These signers must approve any transaction, ensuring that no single individual can access or allocate funds without consensus.

• Signers: The multi-signature wallet requires at least 4 out of 7 signers to approve a transaction. Signers are elected by the community and must be trusted members with a proven track record of contributions to the DAO.

6.3 Fund Allocation and Reporting

All funding requests must be submitted through the proposal process. Once approved, funds are released according to the agreed-upon milestones and budget. Regular financial reports are generated and made available to the community, providing full transparency on the use of funds.