This space is reserved for the Treasury Committee to organize and/or track their projects.

The Treasury committee is responsible for safeguarding the DAO’s finances by approving distributions from our multisig wallet, by planning for the issuance of $PANDO tokens from the treasury, and by negotiating terms of any relationships we have with partners and sponsors of the DAO.

Members

• Yacob Berhane
• David Nandwa
• Marvin Coleby

<aside> 📜 From our Charter

1. The Treasury Committee:
   1. Safeguards the DAO’s assets
   2. Distributes tokens according to the will of its membership, proposal processes,
   3. Manages its finances,
2. The Treasury Committee members are required to be on the DAO multisig wallet(s).
3. Prior to the end of the current season, the Treasury Committee will propose the allocation of a pool of tokens for subsequent seasons.
   1. It is the Treasury Committee’s responsibility to propose the minting of new tokens beyond the current limit of 100 million tokens. </aside>

Proposed Season 1 Goals

• Establish on-chain treasury w/ multi-sig wallet
• Negotiate sponsorships, e.g. with L1 blockchains or other partners
• Create safeguards/process for approving expenses from the treasury
• Confirm token issuance plan for season 2
• Work with Program committee on designing incentives for member participation.

$PANDO Token Budget Explanation