kaal:claim:3981021-022

Any exercise of the multisig endowment wallet keys ultimately depends on a vote in the assembly of the DAO association that serves as legal wrapper, so a donor holding one key among many is involved in endowment payment decisions without controlling them.

Source quote, verbatim

The exercise of the multisig wallet keys will ultimately always depend on a CHARITYxDAO vote in the assembly of the CHARITYxDAO association (the legal wrapper – if chosen to be a Swiss Association). As a multisig key holder, the donor will be involved in multisig endowment payment

From

Wulf A. Kaal, How Decentralized Autonomous Organizations Optimize Charitable Giving (2021), Engaging the Donor, Endowment Allocation, p. 24
https://ssrn.com/abstract=3981021 · source PDF

Cite as

Wulf A. Kaal, How Decentralized Autonomous Organizations Optimize Charitable Giving (2021). SSRN: https://ssrn.com/abstract=3981021

Holds when

endowment wallets held in a DAO legal wrapper such as a Swiss Association

Classification

designsupport: arguedlaw-and-legal-systemsgovernance-design

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