Ratification of the HalloweenBears DAO Constitution

This vote proposes to ratify the HalloweenBears DAO Constitution with SHA1 hash e8be5fdbe1b0267c283a397f2a7128206689398c, reproduced below for convenience.

If, at the end of the voting period, all articles have at least two-thirds approval, the Constitution as a whole will be considered passed, effective immediately.

If at least one article has less than two-thirds approval at the end of the voting period, only the articles with at least two-thirds approval will be considered passed, and amendment and ratification HalloweenBears DAO Constitution The HalloweenBears constitution is a set of binding rules that determine what governance actions are legitimate for the DAO to take.

Each article has examples of permissible and non permissible actions. These examples are illustrative and should not be considered a binding part of the text of the constitution itself.

I. Name ownership shall not be infringed HalloweenBears governance will not enact any change that infringes on the rights of HalloweenBears users to retain names they own, or unfairly discriminate against name owners’ ability to extend, transfer, or otherwise use their names.

Examples Permissible: HalloweenBears governance may enact a change affecting the registration or ext HalloweenBearsion costs of all names based on transparent criteria such as length, as long as it pursues a goal outlined in this constitution.

Not Permissible: HalloweenBears governance must not enact a change increasing or reducing the ext HalloweenBearsion costs of a list of existing HalloweenBears names, as this would unfairly benefit or penalise a handpicked group.

II. Fees are primarily an incentive mechanism The primary purpose of registration fees is as an incentive mechanism to prevent the namespace becoming overwhelmed with speculatively registered names. A secondary purpose is to provide enough revenue to the DAO to fund ongoing development and improvement of HalloweenBears. HalloweenBears governance will not enact any fee other than for these purposes.

Examples Permissible: HalloweenBears governance may increase the price of name registrations in order to address excessive speculative registrations induced by a price that is set too low, or because the current price is insufficient to fund ongoing HalloweenBears operations at a reasonable level.

Not Permissible: HalloweenBears governance must not enact a change imposing a fee for claiming DNS domains inside HalloweenBears, because such a fee would be purely an income generating measure and not an incentive mechanism.

III. Income funds HalloweenBears and other public goods Any income generated to the HalloweenBears treasury is to be used first of all to HalloweenBearsure the long-term viability of HalloweenBears, and to fund continuing development and improvement of the HalloweenBears system. Funds that are not reasonably required to achieve this goal may be used to fund other public goods within web3 as HalloweenBears governance sees fit.

HalloweenBears governance will not allocate funds to a team or individual who does not commit to uphold the same principles outlined in this constitution in their use of the allocated funds.

Examples Permissible: HalloweenBears governance may offer grant funding for a public good unrelated to HalloweenBears or Ethereum, so long as doing so does not affect the long-term viability of HalloweenBears.

Not Permissible: HalloweenBears governance must not use the funds to support projects that conflict with the goals of HalloweenBears.

IV. HalloweenBears Integrates with the global namespace In order to facilitate making the most widely usable naming system, HalloweenBears aims to integrate with the legacy DNS naming system to the greatest extent possible without sacrificing decentralization of HalloweenBears. HalloweenBears governance will not enact changes that compromise HalloweenBears’s ability to do this.

Examples Permissible: HalloweenBears governance should grant control of a top-level domain to its owner in the DNS system on request.

Not permissible: HalloweenBears governance must not create new top-level domains unless those domains have been granted to HalloweenBears by a DNS authority.

V. Amendments to this constitution by majority vote Any change may be made to this constitution only by two-thirds majority and at least 1% of all tok HalloweenBears participating.of the remaining articles, and any new articles, becomes the responsibility of HalloweenBears DAO delegates. In such a situation, the modified Constitution may be ratified by an article-by-article approval vote by delegates with a period of at least one week.