Treasury
Treasury mandate and controls.
What the protocol treasury is for, and the on-chain controls that limit how it can be spent. Noesea is pre-launch; these controls are implemented in the treasury contract and apply once it is deployed.
Purpose
The protocol treasury funds grants, bounties, an emergency reserve and ecosystem growth. It is a contract, not an operator-held account.
Governance-approved withdrawals
A withdrawal must match the recipient and amount of a governance proposal that was actually approved; it cannot be passed as a free parameter.
14-day timelock
Approved withdrawals wait 14 days before execution — the same review window as protocol parameter changes, so watchers monitor one cadence.
Annual outflow cap
Withdrawals in a calendar year are capped at 5% of the balance measured at the first withdrawal of that year, so deposits made mid-year cannot raise the cap.
Emergency freeze
The protocol's safety circuit can pause treasury outflows together with reward outflows. Because of the timelock, a temporary freeze delays a withdrawal; it cannot redirect funds.
Slashed stake is burned
Stake that is slashed in disputes and not paid to winners or jurors is sent to a burn-only sink, not to the treasury or any operator.
Treasury communication
Treasury policy and token operations route separately from financing conversations.