[docs.crisis.network](https://docs.crisis.network) --- # Overview of the DAO Minutes from the DAO meeting on May 27, 2021.11 members and 1 proposed member were present via Zoom. ## Operating Agreement These rules constitute the operating agreement of CrisisDAO and may be amended by the DAO proposal process. 1. The thesis of this DAO is that our hive-mind is far superior to just one ape brain. Therefore, the DAO will focus on generating outsized returns. 2. The minimum contributions is 0.5 ETH. Maximum is 3 ETH. Tokens will be issued pro-rata to the funding. 1. The DAO is on Polygon L2. 2. The DAO will distribute $CRISIS tokens based on member's funding commitments. The contract address of $CRISIS tokens on Ethereum Mainnet is 0x992f9bb313368ac11977b62490a83eeee54d9e1f. 3. The funds for the contributions will be kept in the primary Gnosis Safe. 4. If the funding commitments are not met within 7 days of the token distribution, we will vote to remove the member. (6/7/2021 deadline) 3. The first epoch of this DAO is until the end of 2021. If by the end of 2021, we have lost money, we can sell and tax harvest our losses. If we have gains, we can propose taking the gains on 1/1 or continuing the DAO. We will put up the continuation of the DAO as a proposal at EOY. 4. The "Treasury bonds" equivalent of DAO currency is to yield farm using the "Same token leverage" method via InstaDapp previously posted in #cryptofuture. In this case, it would be ETH to ETH. 5. The DAO will keep its treasury in 2 or more Gnosis Safes. 1. The primary treasury at safe.crisisdao.eth (0x2f61cD8f256eF199cE0cd3094Bdce77F1B7e91f5) will be bound to the DAO voting and rage-quit process of 3 days to vote and 2 day grace period to ragequit. The Primary Treasury will hold 90% of the initial assets. There will be a minimum of 2 signatures required to act on this treasury, but the actions will be bound by the DAO vote process. 2. The secondary treasury will hold 10% of the initial assets (4.76944 ETH) and only require max of 2 multisigs to perform time-sensitive transactions. These transactions are not subject to the full voting period or grade period. They can be performed as soon as 2 or more members vote yes. 6. The first Lambo purchased by all members of this DAO must be this model or flashier: https://en.wikipedia.org/wiki/Lamborghini_Si%C3%A1n_FKP_37. You may purchase any other make of cars without violating this provision. Failure to abide by this will result in severe shaming. 7. Good luck with your own taxes. We don't know what the tax treatment will be since the IRS is highly likely to change their treatment of crypto assets and a DAO is bleeding edge shit. Nothing any DAO members say or do constitutes tax advice, even if the advice starts with "Well, actually..." By funding the DAO, you are agreeing to be bound by this cryptographic oath. ## How to send funds to the DAO: Please do NOT send tokens to the DAO wallet directly. Instead: 1. We will post a message (with your @name) in the CrisisDAO Discord channel with a link from Airswap which will contain your $CRISIS token purchase amounts. We will never DM you for funds. 2. You will make two authorizations in your wallet/Metamask: First to auth the token, then to auth the transaction. After the second auth, the Airswap smart contract will exchange your ETH to $CRISIS 3. If your tokens are not showing up in your wallet, you may have add it manually. In Metamask, scroll to the bottom of your tokens and click the "add token" button. In the next screen, click 'Custom Token' (next to 'Search') and in the form that displays put the value '0x992f9bb313368ac11977b62490a83eeee54d9e1f' in the 'Token Contract Address' field. You'll know you got it right when the 'Token Symbol' filed auto populates with CRISIS and the 'Decimals of Precision' field auto populates with the value 18. If they don't populate, check the value of the contract address, and if there are still issues pop into the #crisis-dao channel and let someone know. If they did auto populate correctly, click the 'Next' button and you should be done. --- **Crisis DAO** : [Docs](https://docs.crisis.network) | [Twitter](https://twitter.com/crisisdao) | [Snapshot](https://snapshot.org/#/crisisdao.eth) | Discord (Invite-only) |