TIP-10: Integration of OneSafe for Telcoin Association Payments
TIP Number: 10
Title: OneSafe Integration for Association Payments
Author: Nick (Bluelights), Global Platform Council
Date: 15 September 2025
Status: Forum Proposal
Category: Governance / Operations
Abstract
This proposal recommends adopting OneSafe, a DAO-focused financial services platform, as the payments and expense management solution for the Telcoin Association. OneSafe will provide the Association with secure custody of funds allocated for payments, streamlined vendor transactions (including corporate virtual cards), and automated financial tools. The goal is to improve efficiency, security, and transparency in managing the Association’s approved expenses, while the Association’s broader treasury reserves remain managed through existing mechanisms.
Motivation
The Telcoin Association must regularly pay for services, infrastructure, suppliers, and contractors to keep operations running smoothly. Currently, these payments lack a unified, secure, and transparent system.
OneSafe provides:
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Secure custody solutions to safeguard Association funds allocated for payments
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Automated financial operations (recurring payments, invoicing, payroll)
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Corporate virtual cards for direct payments to vendors and service providers
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Compliance-ready modules aligned with regulatory standards
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Clear records of spending, improving auditability and accountability
By adopting OneSafe, the Association can modernize its financial workflows, improve accountability, and reduce operational risks without exposing the full treasury.
Specification
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Scope:
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Use OneSafe for the Telcoin Association’s payments, including operational expenses, suppliers, contractors, and service providers.
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Funds can be topped up into OneSafe as needed to cover approved expenses.
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Treasury reserves remain under existing custody arrangements; OneSafe functions strictly as a payment and expense management layer.
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Core Functions Enabled:
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Secure custody of Association funds allocated for payments, with access limited to authorized members under governance rules
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Execution of payments for approved expenses (infrastructure, SaaS, suppliers, contractors)
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Corporate virtual cards to streamline payments to vendors and service providers
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Automated recurring payments for subscriptions and services
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Transparent financial reporting for Council oversight and audits
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Rationale
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Security: Protects only the portion of funds required for payments, minimizing exposure of reserves.
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Transparency: Provides clear, auditable records of Association spending.
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Efficiency: Automates recurring payments and enables vendor card payments.
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Compliance: Supports regulatory alignment in the Association’s financial operations.
Implementation
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Adoption Decision: Approve OneSafe as the Association’s official platform for payments and expense management.
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Setup: Establish the Association’s account(s) within OneSafe, with access configured for authorized members.
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Migration: Begin processing Association-approved payments (infrastructure, SaaS subscriptions, suppliers, contractors) through OneSafe.
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Operational Rollout: Require all new Association payments to be managed via OneSafe.
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Review: Conduct a review after 6–12 months to evaluate security, efficiency, and compliance outcomes.
Costs
Account Opening & Access
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Account Opening: Free
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Early Account Access: $150 (one-time)
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Minimum Balance: $0
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Monthly Fees: None
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Corporate Cards: Included
Money Movement Fees
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Fiat Deposit / Withdrawal: 0.15% fee
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Wire Withdrawal (Stables): $25
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FX fee on Corporate Cards: 3%
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Currency Surcharge (USDT, EUR, MXN): 0.1% fee
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SWIFT Deposit / Withdrawal (Omni): 0.2% or $50, whichever is higher
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Wire Withdrawal (Omni): 0.1% or $25, whichever is higher
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Wire Deposit (Omni): $25
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Crypto Deposits / Withdrawals (USDC): Free