Panel of Experts

The Panel of Experts is the governing body of the DAO, which includes individually elected Experts. At the stage of formation of the DAO, Experts are appointed by the creator of the DAO (basic version).

The role of the Experts is to:

· Generate information about Investment projects that are supposed to be financed from the DAO Treasury, carry out expertise and evaluation of Investment projects, conduct negotiations;

· Submit Investment projects that are "worthy" in the Expert's opinion to the on-chain procedure of "Experts and Protectors Vote" (precedes the on-chain voting of DAO participants);

· Participate in such voting. 1 Expert = 1 vote (basic version);

· Based on the voting results, set tasks for the Manager on legal execution of investment transactions and implementation of exits from Investment Projects.

To a certain extent the Panel of Expertsl is an analogue of the classic Investment Committee, but not the Board of Directors. The authority of the Panel of Experts is limited to making decisions regarding Investment Projects, which may be disapproved and overruled by a vote of DAO participants (“DAO Voting”) before they take effect.

Experts receive remuneration for their activities from the DAO Treasury, as well as bonuses in DAO tokens in case of success of Investment projects supported by them. Bonuses are not paid out all at once, but "in the vesting mode". If the Expert is "dismissed" as a result of the vote of the DAO participants, the unpaid part of his bonuses goes to the DAO Treasury.