Core Funds

Core-managed funds used to run day-to-day operations.

Operations Fund

• Purpose: Covers subscriptions, platform costs, contributor stipends, marketing and ongoing DAO operations.

• Source of Assets: Normally from approved budgets via Revenue Staging, Reserve Fund, or the Main Treasury.

• Management: Handled by the Core Team. May be divided into sub-accounts by team.

Revenue Staging

• Purpose: Hold incoming revenues and route them as they arrive. May pursue yield strategies.

• Inflows: Validator revenue and other Core project revenue.

• Routing: When validator revenue arrives, a portion is routed to current destinations; the remainder stays in Revenue Staging and is allocated in the next budget (see validator rev. flow).

• Spend Rule: No expenses allowed from this wallet, except validator-related fees.

• Movement: Transfers out occur on receipt (for the routed portion) or during the next budget allocation.

Reserve Fund

• What it is: Leftover balance from prior budgets; not a locked pool.

• Use: Covers gaps and urgent needs.

• Access: Per request. Each request includes a short budget (scope, amount, justification, expected timeline).

• Approval: Reviewed and confirmed by Core before release.

• Replenish: Topped up in the next budget cycle if needed.