ARES Treasury Execution System

ARES Protocol manages a large on-chain treasury and needs a secure way to execute governance-approved transactions.
This repository implements a modular treasury execution system designed to reduce common governance and treasury risks such as replay attacks, premature execution, and double reward claims.

Features

• Governance proposal system
• Time-delayed treasury execution
• Cryptographic authorization using signatures
• Merkle-based contributor reward distribution
• Replay protection using nonces
• Double claim prevention
• Modular contract architecture

System Components

The protocol is separated into independent modules:

• AresTreasury (Core)
  Handles proposal lifecycle: creation, queueing, execution, and cancellation.

• AuthorizationModule
  Verifies signatures from approved governance signers and prevents replay attacks through nonce tracking.

• TimelockModule
  Enforces a mandatory delay before any treasury transaction can be executed.

• RewardDistributor
  Allows contributors to claim rewards using Merkle proofs in a gas-efficient way.

Security Protections

The system includes protections against common smart contract risks:

• Signature replay attacks
• Unauthorized treasury execution
• Double reward claims
• Premature execution of proposals
• Governance transaction replay

Project Structure

src
├── core
│ └── AresTreasury.sol
├── interfaces
│ ├── IAresTreasury.sol
│ ├── IAuthorization.sol
│ └── IRewardDistributor.sol
├── libraries
│ ├── ECDSAValidator.sol
│ └── ProposalHashLib.sol
└── modules
├── AuthorizationModule.sol
├── RewardDistributor.sol
└── TimelockModule.sol

Deployment

Deployed locally using Foundry/anvil test accounts. Run: forge script script/DeployAresTreasury.s.sol --rpc-url http://127.0.0.1:8545 --broadcast