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DAO Constitution

PreviousOur mission and valuesNextGovernance

Last updated 1 year ago

All DAO members have the fundamental rights to submit proposals, vote and execute approved proposals independently from any centralized party.

New initiatives are presented to the community in the form of RRCs (RARI Request for Comment) – documents with a set structure that are reviewed following a set governance process.

The very first RRCs that marked the creation of the RARI Foundation are known as our constitution. They map out the fully on-chain governance and voting process in detail. We highly recommend everyone study these documents before getting involved in the Foundation.

Links and TL;DR below:

RRC-0

  • This document proposed the set up of an independent RARI Foundation fully controlled and operated by $RARI and veRARI holders.

  • This legal structure enables the RARI DAO to submit proposals, vote and execute approved proposals independently from any single centralized party.

  • RARI Foundation acts as the DAO's "Board", administering DAO proposals and serving the vision of the community. The RARI DAO can vote to nominate, appoint and/or remove directors of the RARI Foundation

Learn more:

RRC-1

  • This proposal establishes the voting infrastructure for the community to participate in the decision-making of the RARI DAO

  • It introduces the concept of veRARI (vote-escrowed $RARI) and the mechanism of locking $RARI tokens with a specific release schedule to receive voting power

Learn more:

RRC-2

  • This document proposed a $RARI rewards program that incentivized users to list NFTs on Rarible and buy NFTs from the Rarible aggregated NFT marketplace.

Learn more:

LogoRRC-1: Introducing veRARI and Voting - ProcessRARI Foundation
LogoTally | Rari DAO ProposalTally
LogoRRC-0: Introducing the RARI Foundation and Fully On-Chain Governance for RARI DAO - ProcessRARI Foundation