Elected Members
Version: 1.01
Proposal: ZHGP 0.0.0.1
Last updated: 9 April 2024
In Zettahash's Decentralized Autonomous Organization (DAO), the Elected Members are pivotal in guiding the organization towards its objectives. Chosen by the community, these individuals or institutions represent your initiatives and make critical decisions. They are highly experienced and knowledgeable, advancing the DAO's goals while facilitating cross-DAO interactions. The core responsibilities of the Elected Members are in addition to their distinctive position duties.
Advantages and Responsibilities of All Elected Members
- Expertise and Decision-Making: The Elected Members possess the highest context, empowering them to make decisions that advance the DAO's objectives. They leverage their experience to benefit the broader community, approving proposals, allocating funds, and setting strategic directions.
- Governance: The Elected Members are instrumental in establishing rules, policies, and procedures to ensure the DAO operates effectively, efficiently, and transparently.
- Alignment of Objectives: They ensure that the DAO's mission and objectives align with the efforts and desires of its membership, creating a cohesive and goal-oriented organization.
- Integrity and Transparency: The Elected Members are committed to ensuring integrity and true transparency, keeping the DAO decentralized and accountable to its members.
- Community Engagement and Accountability: The Elected Members actively engage with the community to foster collaboration, participation, and a sense of ownership among members. They also assign accountability to the community, empowering members to submit proposals and make changes, ensuring that the DAO remains responsive to its members' needs.
- Network and Consensus Mechanism Monitoring: The Elected Members monitor the network's health and the blockchain's consensus mechanism, ensuring that consensus protocols function properly, identifying and resolving related issues, and optimizing network performance to maintain the network's integrity and functionality.
- Proposal Management: They manage the proposal review process, ensuring that proposals align with the DAO's objectives, facilitating voting procedures, and implementing approved proposals.
- Facilitating Cross-DAO Interactions: They play a vital role in fostering interactions with legacy institutions, bridging the gap between innovative DAO structures and established systems
Risk Management and Multisig Wallet Signing: The Elected Members assess and mitigate risks impacting the DAO's operations or reputation. Additionally, they act as signers for the DAO's multi-sig wallet, authorizing transactions and ensuring the security of the DAO's assets.
- Communication and Conflict Resolution: Effective communication is vital for the Elected Members, as they inform the community about decisions and developments and gather feedback to guide future decisions. They also play a crucial role in resolving disputes within the community or among members, maintaining a harmonious environment.
- Elected Members are strictly prohibited from voting on proposals with vested ZH tokens while holding their current role due to potential conflicts of interest.
Conclusion
The Elected Members of the DAO play a critical role in ensuring the organization's success and sustainability. Their responsibilities extend beyond governance and decision-making to include community engagement, network monitoring, and proposal management, all of which contribute to the DAO's overall health and effectiveness.