Great initiative kicking off the discussion again @shelb_ee and good to see that we have more knowledgeable people in the community! 
I also think @0x-meta 's treasury overview in the initial thread that was focused on the grant program side was super helpful. Maybe good to pull an updated version, given this was from more than a year ago? Happy to support creation of this if you agree.
And I agree 100% with the importance of having a least a minimum version of Treasury management running, esp. given current market conditions. I have started to analyze best practices in the market and am drafting an “MVP Treasury Mgmt Framework”.
See below my current mental model for thinking about setting up an MVP version of a Treasury Mgmt WG. This is in development, so obv appreciate feedback 
1. Business Strategy: Having a clear view of the long-term viability of the DAOs business model and evaluating strategic directions. This is a key exercise as it influences a lot of the set-up decisions in Treasury Mgmt (e.g., short-term capital needs vs. flexibility to allocate long-term capital).
2. Treasury Research and Strategy: Researching yield strategies, allocating treasury into selected strategies, and managing these allocations to unlock the economic potential of the treasury holdings while ensuring operating expenses are covered with downside risk mitigated. This largely depends on risk appetite of the DAO, and in most cases should be treated rather conservatively.
3. Financial Reporting and Tracking: Creating standards for financial reporting and delivering periodic financial reports, incl. forecasts to establish transparency for the DAO members and act as decision-making support. This is largely underdeveloped for many DAOs and holds uncanny potential for creating clarity
Would love to get involved and learn more about the current set-up in Radicle and what of this is already in place @shelb_ee