ARTICLES OF ORGANIZATION

ARTICLES OF ORGANIZATION FOR THE XEARN DAO

xEarn DAO - Basic Articles of Organization

I. Name and Purpose

• Name: xEarn DAO

• Purpose: To foster innovation, collaboration, and equitable access to resources within the Web3 community.

II. Membership

• Membership: Membership is open to individuals who contribute to the DAO's mission and is granted by consensus of existing members. The DAO will strive for inclusivity and diversity in its membership.

• Membership Privileges: The DAO may choose to have different membership tiers and privileges. These will be determined collectively by the members.

III. Decision-Making

• Voting: Members vote on proposals. The DAO will develop a fair and transparent voting system that reflects the contributions and commitment of its members.

• Key Decisions: Major changes to these Articles, resource allocation, and project approvals require a member vote.

IV. Funds

• Treasury: The DAO holds a treasury of funds (cryptocurrency).

• Use of Funds: Funds are used to support projects and initiatives that align with the DAO's purpose, as decided by member votes.

V. Amendments

• These basic articles can be changed by a majority vote of the DAO members.

VI. Legal

• The DAO will form a legal advisory board to address any legal matters.

Note: This framework is intentionally minimal to encourage flexibility and organic growth. The specific operational details, including voting mechanisms, membership privileges, proposal processes, and dispute resolution, will be developed collaboratively by the DAO members. There is a verified membership that includes revenue sharing for approved projects. The DAO is committed to transparency and fairness in all its operations.