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That was not the question. The treasury is somewhere on the chain. What happens on the chain? Who executes on behalf of “the community” what has been (kind of intransparently) decided by Catalyst? I was told that there are a few keys distributed among IOG, Emurgo, and CF and a majority of them can sign governance transactions spending the treasury. Can I see such governance transactions on Cardanoscan? Where in the code are they verified?
This has already been answered by Pal. As the Voltaire phase progresses, there will be a gradual transition from the current system where spending keys are in the hands of the federation of entities developing the protocol to a system based on on-chain voting by all stakeholders.
90% of my portfolio