steward on-chain smart contracts and libraries, support core teams, and manage the treasury.
The Soft DAO defines high-integrity protocols and crypto assets as those embodying the following values. Rebel Reasonably, Trust Code, Build, and Do It Right.
The SOFT token was adopted by the Soft DAO as its governance token (https.//forum.softdao.ch/t/update-vote-a-soft-token/1427). Governance will occur through a proposal and voting process. Proposals are limited to the following scope. meta-governance and mechanics, stewarding on-chain primitives, and supporting core teams.
At genesis, Soft DAO’s smart contract primitives include the following.
#1-Sales. configurable in-grouping.
-Access. public or private, determined by blockchain addresses included in a Merkle root
-Fair Surge Protection. order of access to on-chain activities determined by fair and random ordering to maintain low network fees
-Transparency. group information and configurable attributes are visible on-chain
-Non-custodial. tokens held directly in the smart contracts with configurable directions
#2-Distributions. configurable escrow contracts.
-Time-based lockups & vesting
-Tranche-based vesting (unlock schedule)
-Continuous vesting (start, cliff, end)
-Price-based vesting (unlock schedule based on reference asset prices)
#3-Governance. governor contract for DAO tooling.
-Enables votes by token holders while tokens are vesting
-Increased voting weights for tokens locked in genesis vesting contract