Authors; baer.eth, Icedcool, Gruad

Date created: 4/3/23

Date posted: 20th January 2023

Funds requested: 375,998 BANK + 2,000 USDC

Department wallet: eth: 0x31016FFCEBFf16C20E74A8610f1650DCB5c01Df3

SUMMARY

https://lh5.googleusercontent.com/H_ex3Gu7_wGuuA8cHqtuQ16n7TY8HpyciXiCryT1GU5KU8pUbSNTLf4mFW-2te-UELqgc9qUujrHcaSY6969KeiuGo4FjIIzL74PTbB1Z00__lXRLD98_3XUqnbKrl-myGm7oC8KQUyzIckrx5FEmBT3bnQUXAzc6PB-ma_1ZDOO-PzkTCIwYGThiw

The Treasury Department is an operational unit meant to serve as a necessary organisation of the BanklessDAO. Treasury Management and Tokenomics are facilitators and enablers for operational entities such as working groups and teams to its operational sub-departments.

BACKGROUND

The Treasury Department has worked towards giving a financial overview of BanklessDAO and its Departments. Additionally, the Treasury Department oversees tokenomic operations and monitors and manages all integrations related to BANK.

Activities from Season 8

1. Treasury Management
   1. Published BanklessDAO financial report
   2. Built standardized accounting framework for BanklessDAO guilds and departments
   3. Started organizing a Treasury Diversification group
2. Tokenomics
   1. Weekly analysis on BANK economic infrastructure
   2. Introduced tokenomics 1.0 for BANK
      1. Season Passes
         1. Discussion in progress
      2. tlBANK
         1. Implementation in progress

BANK contract address

Season 8

The following roles are established for Season 8 to accomplish the department's objectives:

• Treasury Management Coordinator