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DAO Components

Jason K. Willard edited this page Jan 1, 2022 · 32 revisions

Loci Mutual is a DAO composed of integral components:

  • Association of individuals (unincorporated)
  • Mutual entities devoted to Loci associates
  • Texas corporation, sole DAO borrower, mutual owner of DAO property
  • Delaware charitable corporation, guarantor of DAO indebtedness, mutual owner of DAO property
  • Guardian SPE, holds DAO ownership in trust for mutual associates
  • Co-trustee holds regulatory opinions, indemnifies directors, managers, and associates

Mutual infrastructure

  • Private and open source software owned beneficially by Loci Mutual
  • Smart contracts: governance token (LG) and Loci CMBTs secured by mutual property

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