Core Concepts - Conduit

Overview

Conduit Treasury is built around a few key concepts that work together to provide comprehensive treasury management for crypto organizations. Understanding these concepts will help you make the most of the platform.

Organizations

What is an Organization?

An organization is the top-level entity in Conduit Treasury. It represents your company, DAO, or team and contains all your accounts, transactions, rules, and team members.

Each user can belong to multiple organizations, but can only have one active organization at a time.

Organization Features

Centralized management of all treasury operations
Team member access control
Audit trail of all activities
Consolidated reporting across accounts

Accounts

Accounts are the crypto wallets connected to your organization. Conduit Treasury supports two types of accounts:

Externally Owned Accounts (EOA)

EOA Characteristics

Controlled by a private key
Single signer
Fast transactions
Lower gas costs
Suitable for operational wallets

Best For:

Day-to-day operations
Quick transfers
Development and testing
Personal wallets within the organization

Example Use Case: A marketing team’s operational wallet that receives weekly budgets and pays for services.

Safe Multisig Accounts

Safe Multisig Characteristics

Controlled by multiple signers
Requires M-of-N signatures
Enhanced security
Transaction proposals and approvals
Suitable for treasury management

Best For:

Main treasury holdings
Large value transfers
Critical operations
Governance-controlled funds

Example Use Case: A company’s main treasury requiring 3-of-5 signatures for any withdrawal over $10,000.

Account Properties

Each account has:

Property	Description
Address	Blockchain address (e.g., `0x742d35...`)
Label	Human-readable name
Type	EOA or Safe
Team	Optional team assignment
Added By	User who connected the account
Created At	When the account was added

Balances

Supported Tokens

Conduit Treasury currently tracks balances for:

USDC

USD Coin - Major stablecoin pegged to USD

USDT

Tether - Widely used stablecoin

Real-time Balance Tracking

Balances are fetched on-demand from the blockchain
Supports Ethereum mainnet
Accurate to 6 decimal places
Aggregated across all accounts in your organization

Balance Display

{
  "accountId": "acc_123",
  "address": "0x742d35Cc6634C0532925a3b844Bc454e4438f44e",
  "usdc": "25000.500000",
  "usdt": "10000.000000"
}

Transactions

Transaction Lifecycle

Transactions in Conduit Treasury follow a structured workflow:

Create

A team member creates a transaction proposal with details:

Source account
Token type (USDC/USDT)
Amount
Destination address
Description

Pending

Transaction is in pending status, awaiting approval

Approve

Authorized team members review and approve the transaction

Execute

After approval, execute the transaction on-chain and record the transaction hash

Completed

Transaction is confirmed on the blockchain

Transaction Types

Transfer

Direct transfer of funds from one account to another.Common Use Cases:

Paying vendors
Distributing payroll
Moving funds between accounts

Sweep

Automated consolidation of funds from multiple accounts to a central account.Common Use Cases:

Daily collection of revenue
Treasury consolidation
Gas fee management

Strategy

Transactions related to yield strategies and DeFi protocols.Common Use Cases:

Depositing into yield protocols
Withdrawing from strategies
Rebalancing positions

Transaction Status

Status	Description
`pending`	Created, awaiting approval
`approved`	Approved by authorized user(s)
`executed`	Successfully executed on-chain
`failed`	Transaction failed or was rejected

Rules

Rules enable automated treasury operations based on conditions you define.

Rule Components

Every rule consists of:

Trigger Conditions - When should this rule execute?
Actions - What should happen?
Status - Is the rule active or paused?

Rule Types

Sweep Rules

Automatically move funds when conditions are metExample: “When account balance exceeds $10,000, sweep excess to treasury”

Rebalance Rules

Maintain target allocation across accountsExample: “Keep 20% in operational wallet, 80% in treasury”

Yield Rules

Automate yield strategy operationsExample: “When APY drops below 4%, withdraw from protocol”

Trigger Types

Balance Threshold

Execute when an account balance reaches a specific amount.

{
  "trigger": "balance_threshold",
  "value": "10000",
  "operator": "greater_than"
}

Time-Based

Execute on a schedule (daily, weekly, monthly).

{
  "trigger": "time_based",
  "schedule": "daily",
  "time": "00:00"
}

APY Change

Execute when yield rates change significantly.

{
  "trigger": "apy_change",
  "threshold": "4.0",
  "operator": "less_than"
}

Rule Status

Active - Rule is monitoring conditions and will execute
Paused - Rule is temporarily disabled

Always test rules with small amounts before deploying to production accounts.

Permissions & Roles

Conduit Treasury uses role-based access control (RBAC) to manage team permissions.

Roles

Owner

Full Access

All permissions
Manage billing
Delete organization
Add/remove members

Admin

Management Access

Manage accounts
Create/approve transactions
Configure rules
View all data

Member

Read-Only Access

View accounts
View balances
View transactions
View activity

Permission Matrix

Action	Owner	Admin	Member
View accounts	✅	✅	✅
Add account	✅	✅	❌
Delete account	✅	✅	❌
Create transaction	✅	✅	❌
Approve transaction	✅	✅	❌
Execute transaction	✅	✅	❌
Create rule	✅	✅	❌
Pause/unpause rule	✅	✅	❌
Manage team	✅	❌	❌
Billing	✅	❌	❌

Teams (Optional)

Organizations can create teams for additional organization:

Group related accounts
Assign team-specific permissions
Isolate treasury operations by department
Track activity by team

Example Structure:

Organization: Acme Corp
├── Team: Engineering
│   ├── Account: Dev Wallet (EOA)
│   └── Account: Mainnet Deployer (Safe)
├── Team: Marketing
│   ├── Account: Campaign Wallet (EOA)
│   └── Account: Content Budget (Safe)
└── Team: Treasury
    └── Account: Main Treasury (Safe)

Yield Strategies

What are Yield Strategies?

Yield strategies allow you to earn returns on idle treasury funds by depositing them into DeFi protocols.

Supported Protocols

Sky Protocol (formerly MakerDAO)

Deposit USDC to receive USDS, then stake for sUSDSAPY Range: 3-8%Risk Level: Low (protocol audited, well-established)

Strategy Operations

Deposit

Convert USDC → USDS → sUSDS

Earn

sUSDS accumulates value over time

Monitor

Track APY changes and position value

Withdraw

Convert sUSDS → USDS → USDC when needed

Strategy Considerations

Important Factors:

Smart contract risk
Liquidity constraints
Gas costs for deposits/withdrawals
Lock-up periods (if any)
APY fluctuations

Activity & Audit Trail

Activity Feed

All actions in Conduit Treasury are logged:

Account additions/removals
Transaction creation/approval/execution
Rule creation/modification
Team member changes
Balance changes

Activity Properties

Each activity record includes:

{
  "id": "act_123",
  "type": "transaction_created",
  "actor": {
    "id": "user_456",
    "name": "Alice Smith",
    "email": "[email protected]"
  },
  "resource": {
    "type": "transaction",
    "id": "txn_789"
  },
  "timestamp": "2026-01-15T10:30:00Z",
  "metadata": {
    "amount": "1000.00",
    "token": "USDC"
  }
}

Best Practices

Security

Use Safe Multisig

For large holdings, always use Safe multisig accounts with multiple signers

Principle of Least Privilege

Give team members only the permissions they need

Regular Audits

Review activity logs regularly for suspicious activity

Test First

Test rules and strategies with small amounts first

Operations

Separate Hot and Cold Wallets - Use EOAs for operations, Safe for storage
Document Everything - Add clear descriptions to all transactions
Set Up Alerts - Configure rules to notify of unusual activity
Regular Reconciliation - Compare on-chain balances with your records
Backup Access - Ensure multiple team members can access critical accounts

Next Steps

Quickstart Guide

Set up your first organization and connect accounts

API Integration

Integrate Conduit Treasury with your systems

Automated Sweeps

Learn how to set up automated fund sweeping

API Reference

Explore the complete API documentation

Glossary

EOA (Externally Owned Account)

A blockchain account controlled by a private key, capable of signing transactions directly.

Safe (Multisig)

A smart contract wallet that requires multiple signatures to execute transactions, providing enhanced security.

Sweep

The automated process of consolidating funds from multiple accounts into a central account.

APY (Annual Percentage Yield)

The rate of return earned on an investment over one year, accounting for compound interest.

Gas Fee

The transaction fee paid to execute operations on the blockchain.

DeFi (Decentralized Finance)

Financial services and protocols built on blockchain technology without traditional intermediaries.

Getting Started

Treasury Management

Integration

​Overview

​Organizations

​What is an Organization?

​Organization Features

​Accounts

​Externally Owned Accounts (EOA)

EOA Characteristics

​Safe Multisig Accounts

Safe Multisig Characteristics

​Account Properties

​Balances

​Supported Tokens

USDC

USDT

​Real-time Balance Tracking

​Balance Display

​Transactions

​Transaction Lifecycle

​Transaction Types

​Transaction Status

​Rules

​Rule Components

​Rule Types

Sweep Rules

Rebalance Rules

Yield Rules

​Trigger Types

​Rule Status

​Permissions & Roles

​Roles

Owner

Admin

Member

​Permission Matrix

​Teams (Optional)

​Yield Strategies

​What are Yield Strategies?

​Supported Protocols

Sky Protocol (formerly MakerDAO)

​Strategy Operations

​Strategy Considerations

​Activity & Audit Trail

​Activity Feed

​Activity Properties

​Best Practices

​Security

Use Safe Multisig

Principle of Least Privilege

Regular Audits

Test First

​Operations

​Next Steps

Quickstart Guide

API Integration

Automated Sweeps

API Reference

​Glossary

Overview

Organizations

What is an Organization?

Organization Features

Accounts

Externally Owned Accounts (EOA)

Safe Multisig Accounts

Account Properties

Balances

Supported Tokens

Real-time Balance Tracking

Balance Display

Transactions

Transaction Lifecycle

Transaction Types

Transaction Status

Rules

Rule Components

Rule Types

Trigger Types

Rule Status

Permissions & Roles

Roles

Permission Matrix

Teams (Optional)

Yield Strategies

What are Yield Strategies?

Supported Protocols

Strategy Operations

Strategy Considerations

Activity & Audit Trail

Activity Feed

Activity Properties

Best Practices

Security

Operations

Next Steps

Glossary