Building block
Treasury & payouts
A shared treasury, and value shared out among the people who contributed.
What a person notices
A group can hold value together in one shared treasury instead of one person holding it and being trusted to pay everyone else out later.
Paying out of that treasury is not one person's call. A set threshold of the group's stewards has to agree before value actually leaves.
If too many of the stewards who could approve a payout have left the group, the treasury does not quietly become a single person's decision. The system watches for that and treats it as a real risk to catch, not something to assume away.
What you get as a developer
A Hive's treasury is backed by real multi-party co-signing, not a single key any one steward could spend from alone.
Multiple stewards, one spend
A treasury can require a set number of stewards to co-sign before a payout goes out. This is backed by real logic for constructing a shared signing address, including a genuine Bitcoin multisig address behind it, not a single-key wallet with an approval step painted on top.
Threshold health is checked, not assumed
The treasury tracks whether enough of its co-signing stewards are still active and reachable to meet the required threshold. This exists to catch a treasury becoming locked because too many of the people who could sign have since left, and it is a real, checked condition rather than a documented risk left unmonitored.
Minting and spending both go through a step
Where the tokens funding a treasury are Hive-governed, creating them can require a governance vote of its own. So bringing tokens into existence and paying them back out are two separate, checked steps, not one person's unilateral action covering both.
One accounted flow, not a side channel
Value that arrives through a payment rail lands in the same treasury and ledger as tokens the group mints itself, so contributors get paid out of one consistent, accounted balance.
Local-first: the treasury's records live with the Hive, not on a server that could freeze or rewrite a balance.
How it connects
Group tokens
The tokens a treasury holds, pays out, and is sometimes funded by minting are Hive-governed group tokens.
Governance
A vote can gate the minting that funds a treasury, and stewards themselves are a governance role.
On- and off-ramps
How value gets into a treasury from outside, and how it gets paid back out to a rail, rather than staying purely internal.