Treasury WG · Decide where the DAO stores XRD

The DAO needs a ratified custody model for its treasury: native on-ledger multisig vs. mixed custody, and a Treasury Risk & Diversification stance (how much XRD vs. stablecoins to hold against a 6–12 month runway).

Where it stands (August 2026)

The Temp Check has not resolved, but the account it is about is now readable on the ledger. On 11 August 2026 the framework's On-Chain Identifiers & Verification Policy replaced its last placeholder with a deployed primary multi-signature treasury account. Read on 16 August 2026 at epoch 335598, its owner rule is a CountOf(2) over three Ed25519 signature badges – the 2-of-3 threshold DAO Parameters §6A specifies for this phase – and it holds 200 XRD, deposited on 10 August, plus one non-fungible.

That non-fungible is the first thing the DAO has actually taken custody of. On 13 August 2026 at 15:24 UTC the Consultations Master Badge moved out of a single-signature account and into the treasury account, satisfying the policy's custody rule before the policy itself is in force. So the account exists and is under a quorum; what has not arrived is a treasury. Nothing on the ledger yet speaks to this card's actual question – the ratio of XRD to stablecoins to hold against a 6–12 month runway – which waits on the Phase 2 Treasury Risk & Diversification Policy. The ledger reading is kept current on Radix Governance.

Deliverables

• Resolve the Temp Check on primary XRD custody.
• Adopt the Treasury Risk & Diversification Policy (Phase 2) target ratios.
• Define stablecoin runway sizing for operating expenses.

Dependencies & cross-references

• Governed by Daffy's Radix DAO framework (repo Shadaffy/radix-dao); see the Governance Framework Reference Repo and Charter (Round 1).
• Implemented by the treasury multisig.

Sources

• TC – Where should the DAO store $XRD?