kaal:claim:3799320-030

In the bifurcated DAO of DAOs token design, non fungible reputation tokens give members voting rights while fungible reputation salary tokens let members earn a salary in proportion to their non fungible reputation holdings.

1. the non-fungible reputation tokens give DAO of DAOs members voting rights, and 2. fungible reputation salary tokens allow DAO of DAOs members to earn a fungible salary in proportion to their non-fungible reputation tokens.

Wulf A. Kaal, A Decentralized Autonomous Organization (DAO) of DAOs (2021), Reputation-Based Internal Governance, p. 20
https://ssrn.com/abstract=3799320 · source PDF

Wulf A. Kaal, A Decentralized Autonomous Organization (DAO) of DAOs (2021). SSRN: https://ssrn.com/abstract=3799320

• DAO of DAOs two token architecture

designsupport: arguedtokenomicsreputationgovernance-design

• generalizes kaal:claim:3981021-024 Merit in the CHARITYxDAO is expressed by a non fungible reputation token that cannot be bought or sold, and vo...
• extended_by kaal:claim:4067783-017 Workable DAO governance should account for reputation with non-fungible tokens or weighted keys rather than fu...
• specializes kaal:claim:3441904-038 Optimized DAO governance should pay members only indirectly, through fungible salary tokens issued in proporti...
• restated_by kaal:claim:3962614-026 Reputation tokens serve as claims on the future cash flows generated by the DAO, with cash flows in fungible c...
• generalizes kaal:claim:4941807-031 Membership in the proposed DAO is constituted by holding REP tokens, which carry voting rights and a share of ...

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