Teams within a colony can also fund other teams with their personal treasury, and they can also send funds back to the General colony treasury.
How to transfer funds to a team
Create new action
Navigate to the left-hand menu bar and click the Create action button. This will open the action creation panel on the right-hand side. Enter a title that describes the action you're about to take, and then select Transfer funds from the Action Type dropdown menu.
Creating the Transfer funds action
Enter action details
Complete the details of the Transfer funds action:
In the From field, select the team from where the funds will be sent. You can select directly from the list, or browse through the colony teams.
You can then choose which team will receive the funds by clicking on the To field. You can then browse and select one of the available teams.
Enter the amount of funds to be paid.
By default, the colony's native token will be selected. But you can choose to change it by clicking on the token symbol to browse and select from the list of available tokens.
Select how the action will be taken by selecting a Decision method. Refer to What are Decision methods for more information.
You can also choose to enter a Description for the action. Allowing you to provide more context to others as to why you are transferring funds.
Completing the action details
Confirm details and Create payment
If you are happy with all the action details you can then click the Transfer Funds button to initiate the transactions.
After signing all the required transactions in your wallet, the action will be created and depending on the decision method chosen, the payment will either be created, or the decision process will start.
Checking your team's balance
Once you have successfully transferred funds, they should be added to the recipient team's treasury. To verify, select the Finances icon in the navigation bar, and select Balance. When on the balance page, select the desired team to view the newly transferred tokens added to the team's balance.
Checking the team's balance
Create actions as within a team
Once a Team has been funded, many actions can now be made using the team's funds. Such as:
Payments: To make payments from the team to people who you want to be a part of that team and have them earn reputation in that team.
Manage permissions: This allows you attribute or revoke member permissions within a team.
Manage reputation: This allows you manage member reputation within a team.