TELIP - Treasury: Enough To Operate

Council Proposals TELIP
1

TELIP - Treasury: Enough To Operate

Author: Coops

Date: August 22nd 2025

Abstract

This proposal outlines a plan to allocate 622,765,633 TEL tokens from the Telcoin Treasury to a designated council safe. This amount represents the remaining token surplus after the current TELIP: Banking the Internet of Money proposed movement of 5 billion TEL and the allocation of a two-year operational budget of 1.8 billion TEL.

Motivation

The current TELIP: Banking the Internet of Money aims to move 5 billion TEL, which would leave a balance of 2,422,765,633 TEL in the treasury. Taking into account the Telcoin Association’s operational needs, approximately 900 million TEL is required annually to cover expenses such as network development, rewards etc..totalling 1.8 billion TEL over the next two years. This is a crucial amount for covering costs through the end of 2027, a period during which key milestones as outlined in TELIP: Banking the Internet of Money are expected to be met.

With the 1.8 billion TEL budget set aside, a surplus of 622,765,633 TEL remains. Moving this surplus to council-controlled safes provides a number of key benefits:

  • Decentralized Control: It shifts a significant portion of the remaining treasury funds from a single, centralized safe to a more distributed model under the direct control of elected councils.
  • Empowered Governance: This allocation gives the councils the immediate financial resources to react to market conditions, fund liquidity pools, and cover operational fees without requiring new, time-consuming proposals for every expenditure.

Specification

The following is a detailed breakdown of the proposed token movement:

  1. Current Treasury Balance: 7,422,765,633 TEL
  2. Proposed TELIP Movement: 5,000,000,000 TEL
  3. Remaining Treasury Balance: 2,422,765,633 TEL
  4. Operational Budget (2026-2027): 1,800,000,000 TEL (Based on an estimated 900 million TEL/year).
  5. Remaining Allocation: 622,765,633 TEL
  6. Action: The 622,765,633 TEL will be moved from the main treasury safe to a designated multi-signature council safe.
  7. Rationale for Use: These funds will be used for, but not limited to, strategic purposes such as:
  • Providing liquidity for TEL on various decentralized exchanges (DEXs).
  • Providing fees necessary to implement company proposals
  • Funding new community initiatives, developer grants, and ecosystem partnerships.
  • Funding marketing campaigns

Rationale

The proposed allocation of 622,765,633 TEL to the council safes is a crucial step towards providing council members with a short-medium term disposable source of funding that would otherwise not be required for a further 28 months.

This also complements the existing proposal which outlines a yield of SAFE notes, which provide an additional $1.25 million per year which could be used for buybacks or other operations

Implementation

  • Telcoin Association Vote: The proposal will be discussed across the community and council members. A formal snapshot will be submitted for voting. Council members will have a defined period to review the proposal and cast their votes.
  • On-Chain Transfer: If the proposal passes, the specified amount of 622,765,633 TEL will be transferred from the main treasury safe to the designated multi-signature council safe.
  • Transparent Reporting: The councils will be responsible for providing public and transparent reports on how the allocated funds are being utilised. This will include detailed breakdowns of liquidity provisions, fee expenditures, and funding for new projects.
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