Parallel Treasury for TRUE DAOs: Model, Indicators and Mechanism

In response to concerns over the centralization tendency in the decentralized autonomous organizations (DAOs), TRUE autonomous organizations and operations (TAOs or TRUE DAOs) have been proposed recently. TAOs aim at spreading equitable value distribution and democratized decision-making, distinguishing them from their DAOs counterparts. This study focuses on the treasury within TAOs, which acts as a central fund pool and a crucial element in the decentralized economy (DeEco) system. First, against a backdrop of potential black swan events and other long-tail unforeseen challenges, a reference model for the intelligent treasury management of TAOs is proposed. Then, an evaluation system, namely VALID, is presented with metrics including verifiability, anti-volatility, legitimacy, inclusiveness, and decentralization. Furthermore, a novel parallel treasury management mechanism is proposed to demonstrate a virtual-real interactive closed-loop management and control paradigm of the treasury, thereby fostering the formulation and development of DeEco. This research provides a comprehensive perspective on intelligent treasury management of TAOs and their role in sustainable advancement of DeEco.