πŸ“œCharter

Built By DAO is a Wyoming DAO LLC where contribution creates ownership, and ownership creates governance. This charter establishes the foundational rules for how the DAO operates.


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πŸ“œ Charter Overview

πŸ›οΈ Entity
βš–οΈ Foundation
πŸ‘₯ Members
πŸ—³οΈ System

Wyoming DAO LLC

Constitutional Governance

NFT-based Membership

Quadratic Voting

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🎯 Core Principle: Contribution creates ownership. Ownership creates governance. Capital can fund, but labor governs.

πŸ”’ Immutable Foundation: Smart contracts enforce these rulesβ€”they cannot be overridden, even by consensus.


Built By DAO operates as a Wyoming DAO LLC under Wyoming DAO Supplement (W.S. 17-31).

Property
Value

Entity Type

Wyoming DAO LLC

Jurisdiction

Wyoming, USA

Formation

Under Wyoming DAO Supplement

Governance Integration

Smart contracts + Operating Agreement

Legal Powers

Can own property, sign contracts, hire, sue/be sued

The operating agreement designates smart contracts as the primary governance mechanism while maintaining legal compliance and member protections.


🎯 Mission & Purpose

Built By DAO builds community infrastructure and housing where contribution creates permanent ownership stake.

Pillar
Description

🏠 Housing

Develop affordable, sustainable, member-owned housing

🀝 Community

Create gathering spaces and infrastructure for shared purpose

βš–οΈ Equity

Distribute ownership through work and contribution, not capital

🌱 Sustainability

Build for generations, not extraction


πŸ‘₯ Membership Model

Membership is NFT-based and non-transferable (soul-bound).

Component
Details

Membership

ERC-721 NFT representing membership status

Proof

Held in individual wallet, tied to one person

Rank System

14 levels (Seeker β†’ Steward) + 3 special ranks

Acquisition

Earn through contribution or be invited as investor

Rights

Governance participation, property access, earning


🏒 Governance Authority

The DAO exercises governance through three integrated mechanisms:

Mechanism
Authority
Scope

On-Chain Voting

All members

Day-to-day decisions, treasury, policy

Leadership Council

Elected senior leaders

Oversight, mission protection, veto

Smart Contracts

Immutable rules

Safety rails, quorum, thresholds

No mechanism can override the others. Governance is distributed and mutually constraining.


chevron-right❓ Charter FAQhashtag

Q: What if governance is compromised?

A: Multiple safeguards:

  • Safety rails cannot be bypassed (hardcoded)

  • Leadership Council can emergency veto

  • Immutable values locked in code

  • Community can override Council (75% vote)

  • Constitutional amendments require 30% quorum

Q: Can the 4Γ— power ceiling be removed?

A: No. The ceiling is constitutional (immutable in smart contracts). Removing it requires an immutable code change, which requires a hard forkβ€”a community decision to literally change the software layer. This is theoretically possible but extremely difficult and transparent.

Q: What happens if the Leadership Council abuses power?

A: Multiple remedies:

  • Community can override vetoes (75% vote)

  • Members can recall Council members (>65% vote)

  • Council decisions are on-chain and auditable

  • Emergency veto has strict timeline (48h window)

  • Abuse triggers governance investigation

Q: How does this prevent whale attacks?

A: Quadratic voting + 4Γ— ceiling:

  • 1 whale with 100,000 EQTBLT: ~31,623 power (capped at 4Γ— base)

  • 100 members with 1,000 EQTBLT each: 3,162 Γ— 100 = 316,200 power

  • 100 members collectively > 1 whale (10Γ— stronger)

Q: Who enforces the charter?

A: The smart contracts enforce rules automatically. No human intervention is needed for:

  • Vote counting

  • Quorum verification

  • Threshold checking

  • Safety rail enforcement

  • Timelock execution

Leadership Council provides additional human judgment for edge cases.

Q: Can investors buy governance control?

A: No. Investors can only get voting power through:

  1. Earning EQTBLT (via contribution, housing payments)

  2. Receiving investor multiplier on their EQTBLT holdings

An investor with $100M and zero EQTBLT has zero voting power. BLTBY tokens do not provide voting power.

Q: What is the DAO responsible for?

A: Built By DAO is responsible for:

  • 🏠 Developing housing and community spaces

  • πŸ’° Managing treasury responsibly

  • πŸ—³οΈ Operating fair governance

  • βš–οΈ Following legal requirements

  • πŸ“‹ Maintaining financial records

Members are responsible for:

  • πŸ”¨ Doing good work

  • πŸ—³οΈ Participating in governance

  • πŸ“‹ Honest disclosure

  • 🀝 Good faith cooperation

Q: How do members leave?

A: Members can:

  • Resign membership (loses voting power, access)

  • Keep EQTBLT for redemption/equity use

  • Transfer property rights if applicable

  • Full procedures in membership operating agreement


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⚠️ Charter as Law


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πŸ”— Governance Deep Dives

Topic
Documentation

πŸ“Š Voting Details

Voting Power β€” Full voting formula

πŸ“ Proposals

Proposal System β€” How to submit

πŸ“‹ Proposal Types

Proposal Types β€” Thresholds

πŸ’° Treasury

Treasury Management β€” Fund operations

πŸ›‘οΈ Safety Rails

Safety Rails β€” Financial protections

πŸ›οΈ Leadership Council

Leadership Council β€” Council structure

🚨 Veto Powers

Veto Powers β€” Emergency vetoes

πŸ”„ Process

How Governance Works β€” Full workflow

βš–οΈ Compliance

Compliance β€” Legal requirements

πŸ“œ Ethics

Ethics β€” Behavioral standards


Voting Powerchevron-rightProposalschevron-rightProposal Typeschevron-rightTreasurychevron-rightSafety Railschevron-rightLeadership Councilchevron-rightVeto Powerschevron-rightHow Governance Workschevron-rightCompliancechevron-rightEthicschevron-rightMember Levelschevron-rightEQTBLT Tokenchevron-rightBLTBY Tokenchevron-right

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