# CIP-62: Core Treasury team mandate and funding

**URL:** <https://forum.cow.fi/t/cip-62-core-treasury-team-mandate-and-funding/2770>\
**Category:** Closed Proposals\
**Tags:** cip, proposal, successful\
**Created:** [January 20, 2025, 10:32pm UTC](https://forum.cow.fi/t/cip-62-core-treasury-team-mandate-and-funding/2770 "2025-01-20T22:32:15Z")\
**Posts on this page:** 1\
**Showing post:** 5

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**Author:** ![Tane](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.cow.fi/tane/32/1216_2.png) [@Tane](https://forum.cow.fi/u/Tane)\
**Post date:** [January 28, 2025, 6:13am UTC](https://forum.cow.fi/t/cip-62-core-treasury-team-mandate-and-funding/2770/5 "2025-01-28T06:13:22Z")

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We appreciate the idea of granting the Core Treasury Team flexibility in reallocating the 80M COW tokens, but we would like more clarity on exactly when DAO approval is required and when decisions can be made unilaterally by the Treasury team.

> [@KPK](#):
>
> The above-mentioned allowances are indicative and flexible, and the Core Treasury team would be mandated to use their best judgment in reallocating funds between each category. For clarity, this means that the total amount requested across all allocations is fixed, but that the amounts allocated to each are what may be changed.

For example, under [CIP-24](https://forum.cow.fi/t/cip-24-continued-funding-for-development-services-service-agreement-no-2/1531), funding for core development was proposed and discussed in the forum. Will similar proposals continue to be brought to the DAO, or does the Treasury team now have the authority to allocate these funds on its own discretion?

Given the large scale of this allocation—significantly bigger than what was introduced in [CIP-19](https://forum.cow.fi/t/cip-19-karpatkey-dao-proposal-to-create-a-core-treasury-team/1279), we believe it is crucial to clearly define how the DAO retains oversight and ensures transparency around how and when these funds are deployed.

Additionally, could you let us know if the fee structure and multisig configuration are still the same as in CIP-19, or if there have been any changes?

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_[View the full topic](https://forum.cow.fi/t/cip-62-core-treasury-team-mandate-and-funding/2770)._
