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description: Pillars of Financial Oversight and Decision-Making
---

# Treasury and Governance

**Relationship Between Parties**

Vaultus Finance is a technology service provider for use by Managers and Investors. We _**do not**_ provide investment management services ourselves _**nor**_ do we take custody of funds. We _**do not**_ offer financial advice. We exist legally as a Limited Liability Company ("LLC").

All relationships with our seed investors, founders, and team members ("Contributors") are governed by signed legal contracts. These contracts clarify the precise terms of engagement and are legally enforceable in our chosen jurisdiction. We do not require Contributors to dox their real identities to us but we do require them to disclose the legal entity through which they enter relations with us.

When Managers and Investors use the Vaultus Finance platform they do not enter into a contractual relationship with Vaultus Finance. Rather, the dapp features an opt-in disclaimer that clarifies the terms of service ("ToS") for the platform. Each Manager and Investor must accept these ToS in order to use the platform.

As the platform grows and we receive interest from institutional investors and managers, we intend to offer an updated and more detailed KYC process for those entities whose regulatory environment requires it in order to engage with Vaultus Finance.



**Governance**

Vaultus Finance is not a DAO. It is controlled by the Founders, in consultation with Contributors and with the Community. As the protocol grows we will look into more decentralised governance structures in which token holders can vote on important decisions.

For now, the Community can "vote with their feet" through buying/selling the Vaultus Finance token (after the public sale) and through participating or not in the Strategies hosted by the platform.

There are several key aspects of the platform that are controlled via governance. Some of which include:

* _**Introduction of new vaults**_ - Vaultus Finance intends to expand the platform's offering beyond the two Genesis Vaults. We may also withdraw vaults, such as when the Manager deems the market opportunity for that Strategy has passed;
* _**Fees passed on to token holders**_ - Fees will be earned as a percentage of Total Value Locked in each vault. The exact amount, timing, and distribution of these fees may change over time. We intend to retain a portion of fees to fund protocol development and return the remainder to stakers of the Vaultus Finance token.
* _**Partnerships**_ - We have integrated a number of other protocols to assist Managers in executing their Strategies. We intend to build additional partnerships as we grow.



**Treasury**

Vaultus Finance successfully concluded a pre-seed of $150k on January 1st, 2024 at a Fully Diluted Value of $2m. These funds compose the Treasury used by the protocol to fund business expenses. Contributors are compensated through a combination of token allocation and (for devs) salary.

Treasury funds are held in a Gnosis SAFE multisig wallet that requires 2 of 4 signatories to complete a transaction.

| Wallet Description | Address                                                                                              | Use               |
| ------------------ | ---------------------------------------------------------------------------------------------------- | ----------------- |
| Treasury           | [GnosisSAFE link](https://app.safe.global/home?safe=arb1:0x0bc0b8762AD5c2bbb2a9D292ee5fCF0efe350b07) | Business expenses |

The signatories for the multisig are as follows:

* arb1:0xA94A5862169c74899Aeb12608177CC8ff26A5C63
* arb1:0x6bC614816c5Aa7D347c4ca44F99FdC0CE684c7b1
* arb1:0x18AFBDC06339529284af60496a7c884886bB185C
* arb1:0x2d9607A09dCa5005045d78F0a1D5B63f93eaeB79

This information can also be checked [here](https://app.safe.global/settings/setup?safe=arb1:0x0bc0b8762AD5c2bbb2a9D292ee5fCF0efe350b07).
