GIP: [GIP-28] Approval of the GoodDAO Treasury Committee
Title: GoodDAO Treasury Committee
Author: Good Labs Foundation
Status: Stage IV– Final Proposal
Track: Governance
Created: 07/20/2026
Summary
This proposal requests approval to stand up GoodDAO 2.0’s first expert execution body and implement the mechanism that will oversee the DAO’s treasury. This proposal seeks to expand GoodDAO’s capital allocation function by approving a Treasury Committee: an expert-led body that will steward GoodDAO’s treasury while remaining accountable to the wider community.
This proposal:
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Explains how this mechanism follows from the CoGov redesign
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Introduces the Treasury Committee, including its function, structure, and evaluation framework for the first term
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Outlines the proposed changes and next steps, including the search for the committee’s founding members
This proposal authorizes the formation of the Treasury Committee, which will be responsible for the development of the committee’s mandate and first community-approved DAO budget. This proposal does not yet authorize the committee to move, spend, or deploy treasury funds. Any use of treasury funds will require separate approval by GoodDAO.
Background & Motivation
GoodDollar’s Governance Re-Vision began with a primary objective: to build a new system that supports the growth of a sustainable economy on top of GoodDollar. The community-driven collaborative governance redesign process, CoGov, led to the new vision of GoodDAO as a network of impact capital allocators, as well as the first instantiation of that vision in the Good Labs-funded pilot of the House of Alignment — the chamber of mission-aligned projects charged with contributing to the growth of the GoodDollar economy. The Treasury Committee is an extension of the community’s desire to collectively manage and allocate capital in order to build a new, inclusive economic system.
During CoGov, the community also raised several governance design principles and structural considerations that directly impacted the decision to stand up a Treasury Committee, including:
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Inclusive participation for idea generation, combined with expert-driven execution led by dedicated autonomous teams
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Hybrid approaches that match decision-making authority to context and expertise
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Mechanisms that promote transparency and accountability
The DAO treasury has historically been custodied and managed by the Good Labs Foundation, while its only previous use has been to fund community moderator grants with money donated by Good Labs. Part of the objective is, therefore, to formally activate the DAO treasury and establish a dedicated structure for managing and growing it. To achieve this goal, there is a need for greater operational and strategic support, which the CoGov contributions recognize, while retaining an accountability layer that remains distributed among the wider community.
Execution
Vision
Incorporating the insights from CoGov, this proposal puts forth the idea of forming a Treasury Committee as the next evolution of decentralizing GoodDAO’s capital allocation function. The committee will be a collection of individuals who provide the expertise and continuity required to effectively manage a community treasury and responsibly steward the DAO’s financial position. The committee’s primary focus will be to ensure the sustainability of the treasury through strategic funding initiatives, asset diversification, yield optimization, and other strategies that bring money back into the DAO.
Role & Responsibilities
As GoodDAO’s financial steward and first expert-driven execution body, the Treasury Committee will be charged with devising strategies that increase the amount of funds under its management, as well as autonomously implementing those strategies. This role will include the following responsibilities:
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Manage the DAO’s budget and financial planning
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Submit quarterly budget requests for community approval to fund operations and strategic initiatives
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Own and execute the DAO’s asset management framework, including asset diversification and yield strategies, and risk management practices
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Submit quarterly financial reports to evaluate performance and remain accountable to the community
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Conduct regular meetings (at least once every other week) with meeting notes and recordings made available to the community for transparency
A dedicated sub-category on the forum will be created and dedicated to the updates and reports issued by the Treasury Committee.
Separation of Powers
Should the implementation of a Treasury Committee be approved, control over each source of funding will be distributed across stakeholders bodies as follows:
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Protocol: emissions from the GoodDollar Reserve (90% to UBI, 10% to the DAO)
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Treasury Committee: DAO treasury funds
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Good Labs Foundation: separate budget funded by corporate donations
Further, this proposal seeks to establish the following separation of powers and control parameters for the DAO Treasury itself:
| Control Area | Mechanism |
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| Allocations and transactions from the DAO treasury | Autonomous decisions made by the Treasury Committee |
| Custody of treasury funds and execution for all transactions | Treasury 3-of-5 multisig jointly managed by Treasury Committee & Good Labs |
| Committee’s quarterly budgets (and in the future member selection) | GoodDAO + GIP Process |
However, it should be noted that this proposal does not yet authorize the Treasury Committee to spend or reallocate any treasury funds. The committee’s first quarterly budget will require further DAO approval.
Expected Outcomes
As no funds from the DAO treasury will yet be approved for spending or otherwise allocating, there will be limited available data on the impact of the committee’s first iteration, so the success of the committee in the first quarter will center on two deliverables:
1. First budget proposal
The committee will be expected to issue a formal proposal for the first quarterly budget from which they can begin funding initiatives and allocating money from the DAO treasury. The budget should propose an initial asset management strategy that could include yield-earning strategies and asset diversification mechanisms. The proposal should explain how the funds will be managed, how the strategy aligns with the GoodDollar ecosystem, expectations regarding performance or impact, and any relevant metrics that emerge from the initiatives, and will be put up for approval by the DAO. If passed, the budget would then be able to be autonomously spent and allocated by the committee, with any requests for more budget needing to be put to a full DAO vote.
2. Treasury Committee Mandate
The committee will be expected to draft and publish a Treasury Committee Mandate that will enable the committee to make asset allocation decisions autonomously moving forward. At a minimum, the mandate should govern the following:
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Committee’s purpose and key objectives
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Authority delegated to the members by the DAO, including autonomous execution boundaries (i.e. spending caps, community vote requirements, multisig spending thresholds etc.)
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Powers reserved for DAO governance
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Spending and approval processes, including an initial risk management framework
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Reporting processes
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Performance evaluation and accountability framework, including member selection processes and grounds for removal
Other than these two deliverables, other operational aspects for evaluation of the committee’s first term include whether there have been regular meetings (at least 2 per month) and whether all meetings have public notes. The members of the first Treasury Committee will also be expected to evaluate the program and help the community decide if there should be an extension.
Structure & Member Selection
This proposal seeks to approve the Treasury Committee for an initial term of 3 months. To start, the committee will be 3 people, one of which will be a member from Good Labs. For the other two members, we will be looking for people who bring:
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Experience in business planning, asset management (particular in DeFi-native strategies), and/or financial reporting
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A track record of accountable, transparent financial stewardship
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Alignment with the GoodDollar mission
For this initial iteration, the other two members will be recruited and appointed by Good Labs through an open and transparent selection process. This consideration is to ensure the pilot runs smoothly and with maximum alignment with GoodDollar’s mission. In the future, it is a primary objective to have Treasury Committee members selected and appointed by the wider community through periodic elections, with the DAO designing and approving what any future election and rotation process looks like.
Conclusion & Next Steps
This proposal puts forth the idea of forming a Treasury Committee, GoodDAO’s first expert execution body, so that treasury stewardship becomes both more decentralized and more competent as more value begins to flow through community-driven allocation. This is a first important step in activating a treasury that has historically been under the custody of Good Labs and gradually distributing management responsibility and decision making power to the DAO.
Concretely, approval of this proposal authorizes Good Labs to establish the Treasury Committee and bring on its founding members through a formal recruitment process. In order to fill the two open positions, Good Labs will put out official postings, with more details to come after approval. The Treasury Committee will start operating once the 3 members are identified and announced.
Next steps for the community include:
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Replying to this post with any questions or concerns
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Using your GOOD to vote on Snapshot
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Keeping an eye out for updates regarding committee member selection
This represents the next step in GoodDAO 2.0’s evolution into an open and inclusive capital allocation vehicle. Excited to continue building this alongside all of you!