Wisp /THE TREASURY CYCLE
Every mandate has a beginning. And an end.
Follow creator receipts through account routing, governance, bounded execution, settlement and explicit renewal.
01/ 08
OPERATING POLICYFROMCREATOR RECEIPTSTORECEIVED CAPITAL
01 / THE OPERATING SEQUENCEPOLICY, NOT LIVE ACTIVITY
Creator revenue received
Only creator revenue actually received enters the routing ledger. Externally accrued fees remain separate.
| Parameter | Ordinary | Constitutional |
|---|---|---|
| Proposer eligible weight | 1,000,000 wisp | 1,000,000 wisp |
| Public review | 72 hours | 7 days |
| Voting period | 5 days | 7 days |
| Fixed participation quorum | 20,000,000 votes | 50,000,000 votes |
| Approval · For + Against | Strictly more than 50% | At least two thirds |
| Execution delay | 48 hours | 7 days |
| Execution window after delay | 7 days | 7 days |
Abstain counts toward quorum, not the approval denominator. Funding reserves capital when queued; execution rechecks all limits atomically. Start no later than 14 days after approval.