FAQs

This page lists few relevant FAQs and brief responses to them.

Q1. What is Open Treasury?

Read more About Open Treasury.

Q2. How is Open Treasury managed?

Open Treasury is managed through several self-autonomous consensus protocols, which are triggered as a consequence of the member resolutions and motions using the Open Governance of the Foundation's constitution.

Q3. Who are the participants of the Open Ballot, which governs Open Treasury?

All members of the Foundation have a stake in the governance of the Open Treasury. This is visible in the mathematical expression of the Open Treasury's production instance.

Following are the key stakeholders who hold representative powers of governance of the Open Treasury. These stakeholders are electorally appointed and these bodies are democratically constituted.

Chanceller of the Executive Council and the Executive Council

Treasury Council and Treasury CWC

Steering Council and any Project CWC

Regulations Council and Open Bank CWC

Legal Council and Legal CWC

Observers Council

Steward Groups

These stakeholders participate in the governance of the Open Treasury using the Open Ballot.

Q4. Where are the accounting records and ledgers held?

All accounting records follow anonymized public ledger design principles.

In other words, Open Treasury runs on an International Financial Integration framework but applies open accounting charters to Fund Management. It is only when making reports of the financial statements and other obligatory performance reports to the public through the local jurisdiction(A Public Agency instituted by a Public Act), that the Treasury Management distills the Open Treasury's several interlinked and anonymized records into

Read more on Open Accounting.

Q5. Where is the Principal Citizens ledger held?

Fiscal Hosts maintain a local membership registry where Principal Citizens are also registered by the local Steward Groups, who maintain, modify and update compliance protocols w.r.t Local law.

A public copy of Identity management for all the Principal Citizens is also registered on the Beneficiary Registry of the Foundation. Open Access tokens are used to allocate access.

Read more on the role of Open Trust.

Q6. What are the monetary policies enabled for Open Treasury?

Different stakeholders can propose, decide and set off different types of monetary policies on the Open Treasury, using the Open Protocols, accounting charters and community guidelines.

Q7. How does Fund Securitization take place in the Open Treasury?

Open Treasury not only manages and pools community members' intelligence but also applies accrual valuations for the pooled assets. The assets may also be both tangible and intangible assets, as well as raw computing power(converted into a financial ledger) at fair value. So, the Open Treasuy covers each componentized transaction that a human does with the AI network.

Read more on this in Asset Charter.