Treasury, caps, and allocation
A funding mechanism needs a stop rule before it needs a growth story.
Cap first
Set a creator or project allocation cap before launch. A token balance, market capitalization, or early price spike is not creator income and does not justify cap expansion.
Reserve and overflow
A post-cap transfer must remain separately accounted for. Observed or unpriced inbound value is not accepted campaign funding. Reserve does not reopen a closed cap.
Allocation rule
If a proposed treasury model uses shares or windows, publish the inputs, normalization, time frame, variance, and optimization objective. A mathematical allocation rule is not a risk-adjusted investment recommendation.
Do the work
Design a cap, reserve rule, approval path for changes, and post-cap overflow rule for a hypothetical project.
This lesson is a case-study instrument. It is not individualized financial advice and does not create an offer, security, token, entitlement, or payment obligation.