> For the complete documentation index, see [llms.txt](https://docs.gnodi.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.gnodi.io/documentation/the-constitution/article-xi-treasury-and-financial-controls.md).

# Article XI: Treasury and Financial Controls

**Section 1: Treasury Purpose**

The Treasury exists solely to support the Gnodi Blockchain ecosystem, including network development, validator infrastructure, Delphi Node infrastructure, application utility, community initiatives, education, governance operations, technical development, security, compliance, and other approved ecosystem purposes.

**Section 2: Treasury Authority**

Treasury allocations and disbursements must be authorized by approved governance action, approved Treasury policy, Council authority expressly granted under this Charter, or emergency authority expressly permitted herein.

**Section 3: Multi-Signature Controls**

Treasury assets shall be secured through multi-signature controls or equivalent safeguards approved by governance. No single individual, company, Council member, Service Provider, or centralized entity shall have unilateral control over Treasury assets.

**Section 4: Service Provider Administration**

A Service Provider may administer or execute Treasury functions only in a service capacity.\
Administrative access shall not constitute ownership, discretionary control, or independent spending\
authority.

**Section 5: Reporting**

The Council of Guardians or authorized Treasury administrator shall publish regular Treasury reports,\
including assets held, disbursements made, approved allocations, pending obligations, and material risks, subject to lawful confidentiality and security limitations.

**Section 6: Prohibited Uses**

Treasury assets shall not be used for unauthorized personal benefit, undisclosed conflicts of interest,\
unlawful activity, political contributions unless expressly approved and lawful, speculative activity\
outside approved policy, or any purpose inconsistent with this Charter.

**Section 7: Conflicts of Interest**

Any Treasury payment to a Council member, Service Provider, related party, developer, validator, Node Operator, or affiliated entity must be disclosed and handled under the conflict-of-interest rules in Article XVI.