What This DAO Governance Framework Agreement Covers

This DAO governance framework agreement is designed to establish a clear structure for decentralized autonomous organizations (DAOs). It includes essential clauses such as Parties, Recitals, Governance Structure, and Decision-Making Process, ensuring that all members understand their roles and responsibilities. This template also outlines the Member Rights and Obligations, providing a robust foundation for a successful decentralized organization.

When to Use a Decentralized Organization Agreement

This governance agreement template is ideal for founders and members of DAOs looking to formalize their operations. Use this template when launching a new DAO, restructuring an existing organization, or clarifying member rights and obligations within your decentralized governance contract. It is essential for maintaining transparency and accountability among members.

What's Included in This Governance Agreement Template

• Parties: Identifies the members and founders involved in the DAO.
• Recitals: Provides a background on the purpose and goals of the DAO.
• Governance Structure: Details the hierarchical structure and roles within the organization.
• Decision-Making Process: Outlines how decisions are made, including voting procedures and quorum requirements.
• Member Rights and Obligations: Clarifies the rights and responsibilities of each member to ensure fair participation.
• Termination: Specifies the conditions under which the agreement can be terminated and the process for dissolution of the DAO.

Key DAO Governance Framework Provisions

• Decision-Making Process: This provision is crucial for ensuring that all members have a voice in the management of the DAO.
• Member Rights and Obligations: Clearly defined rights help protect members and promote engagement.
• Termination Clause: Establishes a clear exit strategy, which is vital for the longevity of the organization.

Disclaimer: This template is for informational purposes only and does not constitute legal advice.