Custody

Treasury

Six vaults with distinct purposes, no single signer able to move anything, and a commitment to publish every production address before it matters.

No treasury exists. No multisig has been created, no signers have been assigned, and no address can be published because none has been generated.
Vaults

Separation of purpose

One treasury holding everything makes reporting meaningless — you cannot tell whether environmental money was spent on environmental work. Six vaults with distinct mandates make the question answerable.

Approved V1 CGW vaults, their purpose and controller
VaultPurposeControllerAddressStatus
Ecosystem Rewards VaultHolds the rewards allocation. The only account the rewards program may draw from.Rewards program PDA, funded per epoch under a treasury-multisig-approved budgetNot deployedNOT DEPLOYED
Treasury VaultDevelopment funding, grants, audits and operations.Treasury multisigNot deployedNOT DEPLOYED
Team Vesting VaultHolds team allocations under on-chain vesting accounts.Vesting program PDAs; beneficiaries claim, nobody can accelerateNot deployedNOT DEPLOYED
Liquidity VaultLiquidity provisioning and integration incentives.Treasury multisigNot deployedNOT DEPLOYED
Community VaultEarly community and launch distribution.Treasury multisig, disbursed against a published distribution listNot deployedNOT DEPLOYED
Environmental Impact VaultVerified environmental and biodiversity grants.Treasury multisig, disbursed against verified milestone evidenceNot deployedNOT DEPLOYED
Multisig

Approved structure: 3-of-5 multisig

Why 3 of 5

APPROVED FOR IMPLEMENTATION

Three signatures out of five keys means no individual can move funds, and the loss or compromise of any single key is survivable without losing the treasury. Squads is the current candidate for the multisig implementation, subject to its own review.

Signer categories

APPROVED FOR IMPLEMENTATION
  1. Founder hardware wallet
  2. Company treasury hardware wallet
  3. Independent technical signer
  4. Recovery / security signer
  5. Independent / community signer

Categories only. No individual has been nominated and no key has been generated.

Reporting commitment. Every production vault address is to be published before it holds meaningful value, and treasury movements reported on a regular published cadence. No signer identities or addresses have been assigned.
Understanding

Treasury concepts in plain terms

What a multisig is

APPROVED FOR IMPLEMENTATION

A shared account that needs several people to agree before anything moves. If one person's laptop is stolen, or one person changes their mind, the money stays where it is.

How it actually works

A 3-of-5 multisig requires three of five designated keys to sign a transaction. It protects against a single compromised key, a single dishonest signer, and the loss of a key through accident. It does not protect against three signers colluding, which is why signer independence matters as much as the threshold.

Why treasury tokens are not counted as circulating

APPROVED FOR IMPLEMENTATION

Tokens sitting in the project's own wallet have not reached anybody. Counting them as circulating makes the supply look more distributed than it is.

How it actually works

CGW excludes treasury and environmental vault balances from circulating supply until they are actually disbursed. Under the approved V1 model that keeps 25% of maximum supply outside the circulating figure at year ten — a less flattering number that happens to be the accurate one.