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A treasury policy is only as good as its enforcement. This solution maps the clauses a treasury or risk committee typically writes (who can pay whom, how much, and with whose sign-off) onto the controls the platform evaluates on every withdrawal request, before anything is signed.

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What you’ll need

  • Your written treasury policy or the decisions it would contain.
  • Owner or admin access to the console with dual control enabled.
  • The addresses of approved counterparties.

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Components to configure

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Steps

1

Enable dual control first

Turn on Dual control before configuring anything else, so the rest of the configuration (and any later loosening) needs a second administrator.
2

Build the address book and enforce it

Add every approved counterparty to the Address Book with a label your auditors will recognise, then enable Only allow whitelisted addresses. Set the new address timelock to the notice period your policy requires for new counterparties.
3

Set the limits

Set Per transaction and Per day to your policy’s ceilings. Requests above either are rejected outright, before any approval logic; approvals cannot override a limit.
4

Set the approval threshold

Enable Require approval to withdraw, set Require above amount, and choose the approval group and Approvers needed. Below the threshold, withdrawals proceed automatically inside the limits; above it, they wait.
5

Decide the drift behaviour

Choose whether a discrepancy between the platform ledger and chain state blocks withdrawals or only alerts. Regulated treasuries generally block.
6

Test against the sandbox, then document

Replay each policy clause as a sandbox withdrawal and record the outcome (rejected, held, or allowed) as your control-test evidence. The audit log records each configuration change with the two administrators who made it.

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Considerations

  • The order of evaluation is: scope of the key → freeze → destination rules → limits → approval → signing. A request stops at the first control it fails and the reason is returned to the caller.
  • Limits are evaluated against the platform’s ledger of outbound value in the asset’s units; keep them per asset in mind when a treasury holds several.
  • Loosening a rule takes effect for new requests only; a withdrawal already held for approval is evaluated under the rules in force when it was requested.