1. DAO tokens

One DAO will be able to have tokens of different classes. For example, at the moment some DAOs would prefer to have two GT classes: GT1 — for founders, which allows them to earn income, participate in governance and DAO Treasury management, and GT2 — for protocol users, which does not give the opportunity to participate in governance & treasury management, but provides participation in DAO income.

Each class of tokens the following are set:

· emission rules;

· rights of token holders;

· payment procedure in case of DAO liquidation;

· the number of votes per token in the DAO Voting;

· delegation of votes;

· restrictions on trading;

· accrual of income per token;

· buyback terms;

· ability to participate in Ragequit, etc.

The token issue can be carried out through direct sales to users of the Platform or through the IEO/IDO/Launchpad. It will be possible to exchange DAO tokens for other DAO’s tokens, for example, in order to upgrade the DAO to a new smart contract, switch existing DAOs from other platforms to a Platform or a merge with another DAO.

Settings will determine the rights of token owners in DAO voting, e.g., whether the owners of a given GT class participate in DAO voting on all issues/only on part of the Proposals or only in certain cases, for example, if there is no income for the token.

Some classes of GT tokens can provide their owners with more than 1 vote. For example, you can set up that 1 GT1 (issued in limited numbers and distributed only to DAO founders) = 10 votes, and 1 GT2 (issued in large numbers, subject to free trade) = 1 vote in DAO voting.

Example of setting up delegation rights during voting (whether it is possible or not, when and to whom): votes can be delegated, but only to DAO participants who own a minimum of N tokens for at least 3 months.

Using the settings, it will be possible to enter restrictions on token trading for a certain time period or indefinitely. For example, limit for one year from the TGE date the composition of allowed token holders (possible buyers) to the DAO participants who own a minimum of N tokens for at least 1 month.

If the accrual of income for a token is provided then it is carried out in the form of:

· Fixed income per token paid in GT tokens or other cryptocurrencies from the DAO Treasury; or

· Non-fixed income, defined as a share of the total DAO income to be distributed to DAO participants;

It will be possible to set a link between the accrual of income and voting rights.

Set of Treasury rules for token buybacks from the market:

· The share of the total DAO income directed to the buyback from the market of the specific class of tokens, the order and buyback priority of the specific class of tokens compared to other classes of tokens;

· Buyback method and platforms (DEXs/protocols): deposit of DAO Treasury funds into liquidity pools, direct purchases on certain platforms within a certain period or through a certain market maker;

· The ability of DAO Treasury to redeem tokens directly from their holders at a certain price and within a certain time frame;

· The possibility of forced redemption directly from wallets on the Platform and through claiming for all other wallets.

Individual GT classes may or may not be able to participate in Ragequit.

Ownership of "non-tradable" tokens and their inherent set of rights can be verified using NFTs. At the same time, the tokens themselves may or may not be issued, depending on the wishes of the NFT owners and settings.