How to manage a DAO treasury with the Aragon App

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DAO technology gives us a way to manage a shared treasury of assets on the blockchain without trusting a third party.

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How to deposit assets into your DAO treasury

1: Start from the DAO Dashboard and click “New Transfer”

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From your DAO Dashboard, you can see everything you need to operate your DAO. Initiate a new transfer by clicking “New Transfer” on the right side, or click “Finance” in the top menu bar. 

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2: Choose to deposit or withdraw assets

Now, decide if you want to send assets to the DAO treasury or withdraw assets. To withdraw assets, you’ll need to create a proposal. 

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3: Copy the DAO contract address

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Now, copy the DAO's contract address so you can send assets directly from your wallet.

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4: Launch your wallet and send assets

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Now, simply launch your wallet to send the assets to your DAO. Paste in the DAO's contract address and choose the amount of the token you want to send.

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After you sign a transaction, the deposit will be on its way to your DAO!

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6: Your deposit is complete! You can check it out on the Finance page

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Your deposit is now complete! You can find a full deposit history on the Finance page.

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How to withdraw assets from your DAO treasury

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1: Start from the DAO Dashboard and click “New Transfer.”

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From your DAO Dashboard, you can see everything you need to operate your DAO. Initiate a new transfer by clicking “New Transfer” on the right side, or click “Finance” in the top menu bar. 

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2: Choose to deposit or withdraw assets

Now, decide if you want to send assets to the DAO treasury or withdraw assets. To withdraw assets, you’ll need to create a proposal. 

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3: Initiate the withdrawal

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Add the wallet address of the recipient, choose the token from the drop-down menu, and add the token amount here. 

If your DAO is built on Polygon, you can click "Add another withdrawal" to batch multiple transactions at once!

4: Initiate the vote

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Set voting parameters like start and end date. The vote period must be longer than the minimum duration you set when building your DAO.

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5: Create a proposal

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To withdraw assets from the treasury, you will need to create and pass a proposal in your DAO. This ensures all DAO members have visibility on what’s happening in your organization! Add the title and summary here. You can also add a proposal body and links to resources. 

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6: Review the proposal

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Double check everything to make sure it's correct!

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7: Sign a transaction

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Sign a transaction and pay gas fees associated with the blockchain you deployed your DAO on. 

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8: If the proposal passes, the funds will be withdrawn!

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Now that the proposal is live, DAO members can vote on it to determine if the funds should be withdrawn. If the proposal passes, the funds will be automatically sent to the specified wallet.

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Start managing your DAO treasury with the Aragon App today!

You can deploy a DAO in just a few minutes and start managing your treasury today. To dive deeper into treasury management, check out this guide. Or, get started immediately and launch your DAO on the Aragon App!

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