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Treasury
The Treasury corresponds to all the tokens owned and managed through the proposals by the DAO.
Shares & loots corresponds to the rights on the tokens in the Treasury.
Thus, the Treasury can be considered as a balance sheet, with tokens as the assets and shares & loots as the liabilities.
De facto, all the members who have shares or loots own a pro rata share of the Treasury. The percentage of Treasury owned corresponds to the shares & loots owned by the member divided by the total number of shares & loots in the DAO.
The Treasury manage ERC-20 tokens. Every token has to be whitelisted, i.e go through a whitelist proposal.
The DAO creator can set an initial list of whitelisted tokens without going through a whitelist proposal
ERC-20 tokens are considered as fully liquid, i.e withdrawable by any member who Ragequit or is Guildkicked of the DAO.
ERC 721 Tokens management is yet to be implemented
Last modified 6mo ago