# Treasury Pallet The Treasury pallet provides a "pot" of funds that can be managed by stakeholders in the system and a structure for making spending proposals from this pot. ## Overview The Treasury Pallet itself provides the pot to store funds, and a means for stakeholders to propose, approve, and deny expenditures. The chain will need to provide a method (e.g.inflation, fees) for collecting funds. By way of example, the Council could vote to fund the Treasury with a portion of the block reward and use the funds to pay developers. ### Terminology - **Proposal:** A suggestion to allocate funds from the pot to a beneficiary. - **Beneficiary:** An account who will receive the funds from a proposal if the proposal is approved. - **Deposit:** Funds that a proposer must lock when making a proposal. The deposit will be returned or slashed if the proposal is approved or rejected respectively. - **Pot:** Unspent funds accumulated by the treasury pallet. ## Interface ### Dispatchable Functions General spending/proposal protocol: - `propose_spend` - Make a spending proposal and stake the required deposit. - `reject_proposal` - Reject a proposal, slashing the deposit. - `approve_proposal` - Accept the proposal, returning the deposit.