DAO Treasury Custody Setup

Overview

Before the Foundation can transfer assets to the community DAO entity, a secure custody solution must be in place. Three approaches are being evaluated in the RAC:

• PrimeVault — institutional custodian already used by the Foundation. RAC members would be added as authorized signers, then Foundation access revoked.
• Native Radix Multi-sig — on-chain multi-signature wallet using Radix's access controller primitives. Two community designs exist: xStelea's multi-account signing approach and Don Marco's component-based preset-action model.
• Gnosis Safe (eXRD) — EVM multi-sig holding bridged eXRD via Hyperlane. Trivial to set up and zero cost, but introduces bridge dependency risk.

Proposed PrimeVault Handover

1. Foundation completes remaining payments from treasury
2. Foundation adds RAC members as PrimeVault users with separate credentials
3. Foundation is removed from the PrimeVault account
4. RAC members become sole owners/admins

The RAC favors this approach for its speed and security, with a longer-term migration to native multi-sig once the tooling matures.

External Links

• DAO Multisig Wallet — RadixTalk
• RAC Telegram Group