Dashboard
Your dashboard is your homepage that provides you with notifications on all things related to your grihd account. Quickly disclose information, send a payment, create a project, or compose an email to your extended network.
Dashboard
Your dashboard is your homepage that provides you with notifications on all things related to your grihd account. Quickly disclose information, send a payment, create a project, or compose an email to your extended network.
Dashboard
Your dashboard is your homepage that provides you with notifications on all things related to your grihd account. Quickly disclose information, send a payment, create a project, or compose an email to your extended network.
Technology Disclaimer
Grihd DAO operates on blockchain technology, which is subject to potential risks, including but not limited to hacking, smart contract vulnerabilities, or loss of access due to private key mismanagement. Members acknowledge and accept these risks as part of participation in the DAO.
Founders cannot be fired from the Wyoming DAO LLC, Cayman Island Foundation (Grihd Foundation) BVI Subsidiary 1 (GRD International Ltd.) nor BVI Subsidiary 2 (GRD Ventures Ltd.) within the companies existence unless they opt in for removal.
Equity stakes will comes in the form GRD Tokens after tokenomics structure is complete (See Tokenized Equity).
Founding Team or In House Creators have full autonomy on growing the apps global networkFounding Team or In House Creators shall promote from within their inner circles.
In House Creators
Incentives, Recognition & Ownership
In House Creators will be given GRD Tokens as a form of preferred stock (equity) in the company after one full year vested.
Once Grihd Foundation is profitable, (In House Creators) and or (Finder) will be given share of subscription revenue monthly as a form of ROI.
In House Creators have the privilege of attending think-tank meetings to new features and updates.
In House Creators post will be the first highlighted post on all newsfeeds daily.
In House Creators will appear in all search results no matter whom or what is being searched. In House Creators will be featured on the public discovery page for all users to explore.
Proposal and Voting System
* Rule: Any DAO member can submit a proposal to allocate funds or change governance.
- Conditions:
* A member submits a proposal by calling a smart contract function.
* Voting opens for 7 days once a proposal is submitted.
* Each member votes using their governance tokens (1 token = 1 vote).
* If 50% + 1 of the votes are in favor, the smart contract executes the proposal.
Automatic Fund Distribution
* Rule: Revenue collected by the DAO is automatically distributed to members every month.
- Conditions:
* Funds in the DAO treasury are distributed proportionally based on the number of governance tokens held by each member.
* Rule: 20% of DAO subscription revenue shall be distributed to the founding team and in house creators once profitability is valid.
- Conditions:
* Rule: 1% of DAO instant transaction fees (for cash-outs) requested per user will go back into the company. These funds will also be distributed to the founding team, stakeholders and in house creators monthly with discretion.
- Conditions:
Minimum Transaction Amount
* Condition: A user must request a cash-out of at least a certain minimum amount (e.g., $10 or 10 tokens) for the transaction to be processed.
Maximum Transaction Frequency
* Condition: Each user is allowed only one cash-out transaction per day to prevent abuse of the system.
Transaction Approval
* Condition: Cash-out requests above a certain amount (e.g., $1,000.000) must be approved by a DAO member or multi-signature wallet.
Sufficient Treasury Balance
* Condition: The DAO treasury must have sufficient funds to process the transaction after deducting the 1% fee.
User Verification
* Condition: Only verified users (e.g., KYC-compliant or token holders) are eligible to request cash-outs.
Transaction Fee Adjustment
Based on Activity
* Condition: Frequent users may qualify for a reduced fee (e.g., 0.5% instead of 1%) based on their activity in the DAO.
Distribution Delay for Large Amounts
* Condition: Large cash-outs (e.g., above $50,000) are processed with a delay (e.g., 24 hours) to prevent liquidity shocks.
Faster Processing for Frequent Users of Large Cash-Outs
* Logic: Users who have a history of frequent large cash-outs (e.g., at least three $50,000+ transactions in the past 90 days) will have their transactions processed faster (e.g., immediately or with reduced delay).
Emergency Pause Mechanism
* Condition: Cash-outs can be paused in case of a hack, bug, or security threat.