Reinstate Chain as Lead Developer for the DAO

This proposal seeks community approval to reinstate Chain as the lead developer for the DAO, effective immediately. Chain’s role will encompass development leadership, ISO compliance oversight, AMA engagement, and strategic coordination across all major DAO initiatives.

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Background on Chain

Chain is a blockchain-based technology company founded in 2014 with a mission to enable a smarter and more connected economy. The company specializes in building cryptographic ledgers and cloud infrastructure that power transformative financial products and Web3 services.

Over the years, Chain has raised more than $40 million in funding from top-tier institutions such as Khosla Ventures, Pantera Capital, Capital One, Citigroup, Nasdaq, Fiserv, Orange, and Visa. Initially acquired by Stellar in 2018 to form Interstellar, Chain was re-acquired in 2020 to continue its independent mission of reshaping global financial infrastructure using blockchain technology.

Chain’s products and solutions have been trusted by companies across multiple industries—including payments, sports, retail, and banking—with work done with major brands and institutions such as Tiffany & Co., Citi, MUFG, State Street, and the Miami Heat.

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Scope of Responsibilities

If approved, Chain will resume a leadership position in guiding the DAO’s technical and strategic development. This includes:

• Development Oversight: Chain will lead the design, execution, and maintenance of DAO infrastructure, ensuring secure, scalable, and forward-compatible architecture.

• Goliath Development: Following the release of the white paper, Chain will assist in architecting and building the Goliath platform to align with DAO objectives and long-term sustainability.

• ISO Compliance & Governance: Chain will ensure all development work aligns with international standards for data security, financial compliance, and operational reliability.

• AMA and Community Engagement: Chain will co-host regular Ask-Me-Anything (AMA) sessions with DAO contributors to foster transparency and encourage inclusive dialogue.

• Cross-functional Support: Chain will also contribute to marketing strategy, ecosystem coordination, partner onboarding, and technical documentation.

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Financial Structure

To support this role, this proposal includes a financial package with both performance-based and governance-based components:

• One-Time Staking Allocation: A one-time allocation of 200 million XCN will be transferred to Chain, to be staked for governance participation. This ensures aligned incentives and long-term commitment to the DAO’s mission and decision-making framework.

Incentive Model:

Chain’s compensation will be derived from: • Staking rewards/fees earned from the 200M XCN stake.

• Quarterly performance-based payouts, subject to the DAO’s token performance benchmarks and subject to DAO approval each quarter.

This model ensures cost-efficiency for the DAO while incentivizing Chain based on long-term ecosystem growth and token health.

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Why This Matters

Bringing Chain back as lead developer reinforces the DAO’s commitment to professional-grade execution, compliance readiness, and credible technical governance. The benefits include:

• Continuity of development leadership during a critical phase of expansion.

• Increased accountability and alignment through on-chain governance participation.

• Community engagement and transparency via structured AMAs and open technical planning.

• Accelerated delivery of high-impact projects like Goliath.

• Adherence to international standards such as ISO frameworks for regulatory and institutional readiness.

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Conclusion

This proposal offers a strategic opportunity to re-engage Chain’s industry-leading expertise within a governance-aligned, performance-based compensation model. By doing so, the DAO secures the development continuity, institutional credibility, and community trust required to scale responsibly in 2025 and beyond.

We invite the community to support this proposal and ensure a capable, compliant, and connected future for the DAO ecosystem.