# CP117: Give a mandate to form the Treasury Advisory Group

**URL:** https://gov.centrifuge.io/t/cp117-give-a-mandate-to-form-the-treasury-advisory-group/6464
**Category:** Proposals
**Tags:** passed, cp1, cp2, 2024
**Created:** [June 21, 2024, 8:49am UTC](https://gov.centrifuge.io/t/cp117-give-a-mandate-to-form-the-treasury-advisory-group/6464 "2024-06-21T08:49:02Z")
**Posts on this page:** 1
**Showing post:** 11

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### Author: ![Rhano](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/rhano/32/1014_2.png) [@Rhano](https://gov.centrifuge.io/u/Rhano)
#### Post date: [August 3, 2024, 10:30am UTC](https://gov.centrifuge.io/t/cp117-give-a-mandate-to-form-the-treasury-advisory-group/6464/11 "2024-08-03T10:30:41Z")

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[Referendum 62](https://centrifuge.subsquare.io/democracy/referenda/62) has passed so `CP117: Give a mandate to form the Treasury Advisory Group` has been approved by the token holders.

The Treasury Advisory Group (TAG) has now gotten it’s mandate and the funds will be transferred to the wallet the 6th August at block #6,048,000 when the next Treasury Spending period begins.

 ![image](https://europe1.discourse-cdn.com/flex013/uploads/centrifuge1/original/2X/3/35d729e1b0829a49a0de62f4de3dd1dd80140d23.png)

Thank you for voting and congratulations to TAG for becoming the 5th mandated group in the Centrifuge DAO!

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_[View the full topic](https://gov.centrifuge.io/t/cp117-give-a-mandate-to-form-the-treasury-advisory-group/6464)._