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RIP-4 | Update REtoken DAO LLC Articles of Organization with Wyoming SOS

Voting ended over 4 years agoSucceeded

Update REtoken DAO LLC Articles of Organization with Wyoming SOS

[2] Discord Thread w/Poll ("temp check")

  • https://discord.com/channels/877883581903564860/882418077004877834/895739576545607770

[3] Proposal Draft

Update REtoken DAO LLC Articles of Organization with Wyoming SOS

Additional Details:

[1] When REtoken DAO LLC was organized (26Jul2021) we formed the entity as a "member managed" LLC

see @REtokenDAO FirstTweet: https://twitter.com/REtokenDAO/status/1419553805369151490

[2] Now that we have our "DAO Framework" initially established using @$RETOKEN (our social token) and Voting / Governance setup on Snapshot

https://snapshot.org/#/retokendao.eth

[3] We can now update our Articles of Organization with Wyoming SOS (Secretary Of State) to reflect that we are now algorithmically managed.

verbiage that will be used to amend Articles:

REtoken DAO LLC is an algorithmically managed Decentralized Autonomous Organization (DAO). The notice of restrictions on duties and transfers appear in the operating agreement. REtoken DAO LLC is governed using https://snapshot.org/#/retokendao.eth with contract address: 0x48FBAA61DE702becB9b4AC0c6aFe3F9abcaFF914 which can be viewed at https://polygonscan.com/address/0x48FBAA61DE702becB9b4AC0c6aFe3F9abcaFF914

[4] Why is this important?

this update will allow us to more confidently operate within the DAO framework that we have built

This was discussed on most recent #🤙-community-call (s0cc7) & #tokentown working group (tt0wg3)

Discord threads: "Community Call (s0cc7) | Wed 7p EDT | 06Oct2021" "tt0wg3 | TokenTown - Working Group 3 | Fri 4p EDT | 01Oct2021"

Vote

  • Yes - one additional milestone as a DAO
  • No - keep LLC "member managed"

Off-Chain Vote

Yes - one additional milestone
2.69K 100%
No - keep LLC "member managed"
0 0%
Download mobile app to vote

Timeline

Oct 14, 2021Proposal created
Oct 14, 2021Proposal vote started
Oct 21, 2021Proposal vote ended
Aug 23, 2025Proposal updated