How Does a DAO Treasury Manage the Funds Raised from an IDO?

The funds raised, typically stablecoins or ETH, are deposited into the DAO's treasury smart contract. The treasury working group then proposes how to allocate these funds.

Common uses include providing protocol-owned liquidity, funding development, marketing, and diversification into non-native assets to manage risk. All significant allocations must be approved by a DAO governance vote.