The Decentralized Institutes of Health (DIH) operates a global treasury to subsidize decentralized clinical trials, fund open-source infrastructure, and manage prizes and bounties. To earn durable trust, the treasury must be credibly neutral, censorship-resistant, and resilient—approaching "Bitcoin-level" decentralization in practice. This page specifies the treasury architecture: custody, controls, governance hooks, auditing, and incident response.
- True decentralization from day one: No human signers controlling treasury operations.
- Eliminate human targets: No individuals who can be kidnapped, threatened, or corrupted.
- Proven at scale: Use battle-tested models from MakerDAO, Uniswap, and Aave managing billions.
- Transparency by default: On-chain policies, open reporting, real-time dashboards.
- Community sovereignty: Every VICTORY bond holder has direct control over treasury decisions.
¶ Chain and Asset Strategy
- Settlement layer: Ethereum mainnet or a high-security L2 with mature tooling and decentralization guarantees.
- Stable unit-of-account: Diversified basket of reputable, fully-backed stablecoins and short-duration treasuries via tokenized T-bills; explicit counterparty risk limits.
- Segregated wallets: Distinct vaults for operating budget, subsidies, bounties, and reserves.
- Primary control: VICTORY bond holder governance with automated smart contract execution (following MakerDAO/Uniswap model).
- No human signers: Treasury operations controlled directly by community votes, eliminating kidnapping/corruption targets.
- Governance infrastructure: Gnosis Safe modules or similar that execute based on verified on-chain voting results.
- Voting weight: Proportional to VICTORY bond holdings with quadratic voting options to prevent whale dominance.
- Proposal system: Any token holder can propose spending, with minimum token threshold to prevent spam.
- Execution: Smart contracts automatically execute approved proposals after timelock period.
- Emergency governance: Higher threshold (67%+ of circulating tokens) required for emergency actions.
- Timelocks: Mandatory 24–72h delay for large transfers above policy thresholds (no human intervention required).
- Automated circuit breakers: Smart contract modules that pause operations based on anomaly detection.
- Spending limits: Daily/weekly caps per vault enforced by smart contracts; autonomous micro-spend module for low-risk bounties.
- Token holder override: Emergency pause/unpause controlled by supermajority token vote, not individuals.
- Proposal lifecycle: On-chain proposals referencing signed, hash-committed budgets and vendor terms. Quorum and approval thresholds defined in the DAO constitution.
- Module separation: Upgrades gated by higher quorum; no emergency upgrade authority without two-tier approvals and time delay.
- Moving beyond coin-voting: Explore identity- and contribution-weighted voting to mitigate plutocracy risks (Buterin, 2021).
¶ Auditing and Transparency
- Open accounting: All treasury addresses published; standardized tags for disbursements; hash-committed invoices.
- Dashboards: Real-time inflow/outflow, runway, subsidy allocation, and grant milestones.
- Independent reviews: Annual smart contract audits and semiannual operational audits with published reports.
- Runbooks: Public emergency procedures for key compromise, oracle failure, or exploit.
- Compensation fund: Capped reserve for remediation with predefined governance path.
¶ Relationship to the 1% Treaty and VICTORY Bonds
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SIPRI global military expenditure (2023)
"Total global military expenditure reached $2443 billion in 2023, an increase of 6.8 per cent in real terms from 2022."
— SIPRI, Apr 2024, Press release
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SIPRI global military expenditure (2024)
"World military expenditure reached $2718 billion in 2024, an increase of 9.4 per cent in real terms from 2023..."
— SIPRI, Apr 2025, Press release
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Gnosis Safe
"Safe is a smart account infrastructure enabling secure and flexible management of digital assets on Ethereum and EVM-compatible networks."
— Safe Docs, docs.safe.global
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FROST threshold signatures
"FROST is a flexible round-optimal Schnorr threshold signature scheme, designed for practical deployment with support for key refresh and signer aggregation."
— IETF CFRG Draft, datatracker.ietf.org
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Beyond coin voting
"We need to move beyond coin voting as it exists in its present form."
— Vitalik Buterin, 2021, vitalik.ca