Treasury

Definition ∞ A treasury is a fund of money or other financial resources held by an organization. In decentralized systems, this often refers to a pool of digital assets controlled by a protocol’s governance mechanism. The management of these funds is crucial for the protocol’s operations and development.
Context ∞ The allocation and management of decentralized treasuries are frequent subjects of governance proposals and community debates. Discussions often center on the transparency of treasury operations, the criteria for fund disbursement, and the potential impact of treasury decisions on the protocol’s long-term sustainability. Monitoring treasury activities provides insight into the strategic priorities of decentralized projects.