Make a treasury proposal

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A step-by-step guide explaining how to make a treasury proposal

What is the treasury? 
The treasury is an account that holds a proportion of the total supply of all Porta tokens. These tokens are set aside specifically for the purpose of maintaining and improving the network. 
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What is a treasury proposal? 
A request to transfer a specified number of tokens from the treasury to another account. 
Use case: A developer who requires funding of 100 tokens to build a product for the network. 
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Additional information 
A treasury proposal is submitted to the council for a vote. 
A minimum bond of 100 tokens is required to make a treasury proposal. If the proposal passes, the bond is returned, however, if the proposal is rejected, the bond is lost. Reason for rejection include: 
The proposal contains a lack of information 
The requirements of the proposal are invalid (such as asking for too many tokens) 
The proposal does not benefit the network as a whole 
Governance > Treasury 
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Guide
Access the Porta-UI 
​https://console.porta.network/#/treasury​
Porta Explorer
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Go to Governance > Treasury
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Click: +Submit Proposal
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Enter the following information: 
The account you want to send the proposal from 
The beneficiary of the treasury funds 
The number of tokens required 
Click: Submit Proposal
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Enter password and click Sign and Submit
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You will now see the proposal in the proposals queue
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Once approved, the proposal will be move to the approved queue and the beneficiary will be sent their tokens from the treasury.

Vote on a referendum

Create a treasury tip

Last modified 1yr ago

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