Treasury WG · Set 6–12 month operating budgets for core functions

Community feedback argues the DAO should "think like a company" with a 6–12 month budget horizon: vote a single budget per core function (e.g. Network Operation & liveness, Market Making) and let the operating body spend within it, rather than voting on every line item. The Permanent RAC must surface how much is needed to run the DAO's core functions.

Deliverables

• Publish a cost model for core functions (network liveness, market making, wallet/engine, governance ops).
• Vote 6–12 month budgets per function via RFP.
• Grant spend authority within budget to the relevant WG / Authorized Signers.
• Report actuals against budget each period.

What the ratified framework already sets

The framework sets how a budget is approved and spent, but no figure for any function. Each approved budget states its scope, its maximum allocation and its timeframe, and spending outside it needs a new governance approval (Execution & Treasury Actions Policy §8).

• Approval. A Treasury & Budget proposal passes with a quorum of 7% of eligible voting power, at least 50 unique voting addresses, and at least 50% YES among the YES and NO votes (DAO Parameters §3.2 and §3.3).
• Working groups. A working group spends within a budget approved by governance proposal. It may overspend by up to 10% if its next monthly report discloses it; 10% to 20% requires telling the RAC within 10 business days; more than 20% is a breach of mandate and halts non-essential spending until a new treasury proposal passes. Unspent funds return to the treasury unless the DAO votes to carry them forward (Working Group Framework §7).
• Limits. No single payment may exceed 12,000 $USDC without a Large Milestone Authorization, which needs 66% YES, and payments under all passed proposals may not exceed 50,000 $USDC or 5% of treasury value, whichever is lower, in any rolling 30 days. These limits bind from the Activation Date, when the Activation Vote passes and governance outcomes become binding; the Transition RAC is not bound by them (DAO Parameters §6.1).

The cost model for each core function, and the budgets themselves, are still open.

Dependencies & cross-references

• Governed by the framework the DAO ratified on 2 October 2026, held in RadixDAO/governance-framework; Daffy's Shadaffy/radix-dao is the reference library of earlier drafts. See the Governance Framework Reference Repo and Charter (Round 1) RFCs.
• Sized by the transferred treasury.
• Funds network operations and market making.

Sources

• Radix DLT Official – budget-horizon discussion
• Governance tools and processes needed