NEAR Business is non-custodial, which means we do not have access to your private keys or funds. Your team retains full control over your assets.
Confidential Treasuries
In NEAR Business all treasuries are confidential, which differ from classic public treasuries in that all financial data is visible only to team members.Chains & Assets
Treasuries can hold crypto assets on multiple chains, helping teams to manage all their funds from a single platform, thus without needing to use multiple wallets.
Ethereum
Solana
Bitcoin
Polygon
NEAR
Sui
TON
Cardano
...and many more
...and many more
ADI
Aleo
Arbitrum
Aurora
Avalanche
Base
Bera
BNB Chain
Bitcoin Cash
Dash
Dogecoin
Gnosis
Litecoin
Monad
Optimism
Plasma
Scroll
Starknet
Stellar
Tron
XLayer
XRP
Zcash
Team Members & Roles
A treasury is composed of multiple members, and each member can be assigned multiple roles and permissions. There are three main roles in a treasury:Governance
Manages team members and configuration, without handling day-to-day fund requests
Requestor
Creates fund-related proposals such as payments and swaps, with no voting power
Finance
Reviews and votes on fund-related proposals, cannot manage governance settings
Team members can be assigned multiple roles, for example a member can be both Governance and Finance, which means they can manage team members and also vote on proposals.
Governance & Proposals
In a treasury, nobody can take unilateral decisions regarding the management of funds or team members. Instead, each treasury defines a minimum number of members that need to be in agreement to perform a certain action - this is called the voting threshold. All actions - be it making a payment, swapping tokens, or managing team members - need to be first proposed, and relevant team members get to vote on them. If a proposal reaches the required voting threshold, then it gets executed automatically by the system. This way, treasuries ensure that all decisions are made collectively, thus minimizing risks and maximizing security.Security Model
NEAR Business secures treasuries through three mechanisms:- Multiple members – actions require approvals from more than one wallet
- Roles – limit what actions each wallet can perform
- Voting thresholds – define how many approvals are required for an action to be executed
Frequently Asked Questions
Do I need to deposit funds to use a treasury?
Do I need to deposit funds to use a treasury?
A treasury is a wallet on its own, so you would need to deposit funds into the treasury to be able to use them.Once the funds are in the treasury, they can be managed by the team according to the defined roles and voting rules.
Who holds the funds I deposited?
Who holds the funds I deposited?
The treasury funds are held by the treasury, which is a multisig wallet smart contract on NEAR.The treasury is controlled by your team members through governance. The NEAR Business team does not custody your keys or funds, nor does it have access to them.
Can I import an existing treasury?
Can I import an existing treasury?
If you previously created a
.sputnikdao.near DAO, just sign in with the same account that created it and your treasury will be there, ready to use.For other treasury types, we do not currently offer a migration tool. Feel free to contact us so we can discuss your specific case and see how we can help.