Temp Check: Remove the Treasury Specialist Role and Integrate Responsibilities into the Community Manager Program

[hackfisher]

Background

As DCDAO undergoes project adjustments and budget streamlining, we need to optimize the organizational structure and improve operational efficiency. In this context, we propose eliminating the Treasury Specialist role and reallocating its responsibilities to the Community Manager Program to ensure a more efficient approach to treasury operations while maintaining review and security support from the multisig team.

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Proposal Details

1. Elimination of the Treasury Specialist Role and Budget starting from April

• Given the simplified treasury management needs, the Treasury Specialist role is no longer a necessary expense.
• This budget adjustment will further optimize resource allocation, focusing on more critical DeFi operations and community development.

2. Integration of Treasury Specialist Responsibilities into the Community Manager Program

• The Community Manager will take over the day-to-day treasury management and operations, including:
  • Fund allocation and management (executed according to established procedures).
  • Transparency and periodic treasury reporting.
  • Financial communication with the community and team.
• The multisig team will provide free review and security support to ensure the safety of multisig management.

3. Alternative Sponsorship Opportunity for Nada

• If Nada seeks sponsorship or continued involvement in the RingDAO ecosystem, we suggest exploring opportunities in Phase 3 AI Agent of DeGov.AI, as this area aligns well with Nada’s skills and experience.

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Expected Impact

✅ Optimized DCDAO Budget: Reducing unnecessary personnel expenses to allocate funds more strategically.
✅ Improved Treasury Management Efficiency: The Community Manager will handle treasury operations directly, creating a shorter and clearer management process.
✅ Ensured Security: The multisig team will provide an additional layer of review to maintain safe treasury management.

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Next Steps

• Community members and the multisig team to discuss the feasibility of this proposal.
• If approved, initiate the role transition and update relevant management procedures before the end of March cc @2xJDubs @casinoyoda

References

https://github.com/orgs/dcdao/discussions/165

[2xJDubs]

@hackfisher Before I agree to add this role I would like to understand what the current procedures are for fund allocation and management? What is required for the periodic reporting? Lastly what does the Financial communication with the community and team look like? Thank you.