Community treasury tracking

Treasury Lifecycle

Vorliq routes 5 percent of mining rewards to the public treasury address. VLQ holders can propose spending, vote with VLQ weight, and track payout transactions in a public ledger. This is software-level community tracking, not legal treasury control or guaranteed funding.

Reward Inflow

Every mined block queues a treasury reward equal to 5 percent of the mining reward. Once mined, that transaction becomes a reward_in ledger entry.

Spending Proposal

A member can submit a proposal with category, requested amount, recipient, and description. New proposals start active and cannot request more than the current treasury balance.

Voting

VLQ holders vote yes or no with balance-weighted voting. Duplicate votes are rejected. Only active proposals can receive votes.

Passed Pending Payout

When quorum and threshold pass, the proposal becomes passed_pending_payout. Approval is separate from payment.

Payout Pending

The software creates a transaction from VORLIQ_TREASURY to the recipient. The proposal is payout_pending until that transaction is mined.

Paid

After the payout transaction is confirmed in a block, the proposal becomes paid and records the payout transaction ID, block index, and block hash.

Ledger

The treasury ledger shows reward inflows, pending payouts, and paid payouts with transaction links, block links, amounts, and related proposal IDs where available.

Starter Faucet

The treasury can also fund starter faucet claims. These are small public transactions from VORLIQ_TREASURY to new wallet addresses when the treasury has enough confirmed VLQ.

Mobile Support

The Expo mobile app can submit public treasury proposals, vote yes or no with the saved wallet address, and read the treasury ledger. These actions never require entering a private key in the treasury screen.

Limits

Vorliq does not guarantee funding outcomes, legal recovery, charitable status, investment management, or legal DAO control. Users should read proposals and risks carefully.