Documentation / Constitution /
Constitution
The foundational governance document defining operating parameters, amendment procedures, and the boundaries of autonomous execution.
Preamble
We, the participants of The FreshCredit DAO, establish this constitution to govern the FreshCredit ecosystem in a decentralized, transparent, and autonomous manner. Our purpose is to ensure the protocol serves its stakeholders while maintaining alignment with regulatory requirements and the public good.
Articles /
Purpose and Principles
The DAO exists to govern the FreshCredit ecosystem in a decentralized manner, ensuring the protocol serves its stakeholders while maintaining alignment with regulatory requirements.
Membership and Voting Rights
Voting rights are derived from FCD token ownership. One token equals one vote. Tokens may be delegated to representatives without transferring ownership.
Proposal Process
Proposals follow a structured lifecycle: Draft, Discussion, Temperature Check, Formal Vote, and Execution. Each stage has defined thresholds and timeframes.
Treasury Management
The treasury is managed through multi-signature contracts with spending limits. Large expenditures require formal governance votes.
Autonomous Execution
Approved proposals are automatically executed by smart contracts. The DAO is where execution happens—no manual intervention required for approved actions.
Amendment Process
This constitution may be amended through a supermajority vote (66% approval) with a 14-day voting period and 7-day timelock.