---
type: decision
entity_type: decision_market
name: "Solomon: DP-00001 — Treasury Subcommittee and Legal Budget"
domain: internet-finance
status: passed
parent_entity: "[[solomon]]"
platform: "futardio"
proposer: "Solomon team"
proposal_url: "https://www.metadao.fi/projects/solomon/proposal/8c9sFZ5Z46ZLnhywkWuJ5BhJK4Wrj19AN4gzQicyBKjK"
proposal_date: 2026-03-05
resolution_date: 2026-03-08
category: "operations"
summary: "Fund $150K capped legal/compliance budget in segregated wallet and nominate pre-formation treasury subcommittee for readiness work"
tracked_by: rio
created: 2026-03-24
source_archive: "inbox/archive/2026-03-05-futardio-proposal-dp-00001-mem-treasury-subcommittee-pre-formation-and-legal-b.md"
---

# Solomon: DP-00001 — Treasury Subcommittee and Legal Budget

## Summary
First Solomon governance proposal. Funds a capped $150K legal and compliance budget in a segregated wallet (legal work only). Nominates a pre-formation treasury subcommittee for readiness work only — no authority to move treasury funds. Part of a staged proposal series to deploy the DAO treasury under explicit controls: DP-00001 (legal + committee), followed by proposals defining permitted capital policy actions and then activating delegated authority with strict limits and reporting.

## Market Data
- **Outcome:** Passed
- **Proposal Account:** 8c9sFZ5Z46ZLnhywkWuJ5BhJK4Wrj19AN4gzQicyBKjK
- **Duration:** 2026-03-05 to ~2026-03-08

## Significance
Most sophisticated governance scaffolding observed in a FaaS-launched project. The staged proposal series (legal foundation → policy framework → delegated authority) mirrors traditional corporate governance formation while using futarchy for each approval step. The segregated wallet with use restrictions demonstrates that futarchy-governed DAOs can implement granular treasury controls beyond simple yes/no spending decisions.

## Relationship to KB
- [[solomon]] — parent entity, first governance decision
- [[futarchy-governed DAOs converge on traditional corporate governance scaffolding for treasury operations because market mechanisms alone cannot provide operational security and legal compliance]] — strongest evidence yet

## Full Proposal Text

*Source: metadao.fi, tabled 2026-03-05*

This proposal series sets up a staged path to deploy the DAO treasury under explicit controls. DP-00001 does two things: funds a capped $150K legal and compliance budget in a segregated wallet (only for legal, regulatory, and compliance work), and nominates a pre-formation treasury subcommittee for readiness work only (no authority to move treasury funds). Follow-on proposals define permitted capital policy actions and, once the Company is formed, designate the Treasury Account and activate delegated authority with strict limits and required reporting.
