Governance

Govern

GOVERN

Being a democratic entity, the governance of the organisation is performed by the investors of the organisation, i.e. the Counsel. Although, there are certain functions that require haste, for which the Members of the DAO have delegated a certain level of authority to the appointed representative: the Custodian.

Portfolio Governance can only be conducted by Appointed Representatives. If you wish to be a representative, Make a Proposal via Organisational Governance.

1

Prepare Proposal

Unlike organisational governance, updating the portfolio does not require a vote.

Draft a title with content backing your proposal. While there is no fixed format you have to follow, how you put forth your proposal influences the chances of it passing. Make sure it is clear, actionable and does not have 'merge' issues with the existing portfolio, i.e. fits within the limits of the portfolio.

Title:

Keep the title short, not longer than a sentence.

Allowed labels:

PUR

Asset

Deposit

Illiquid

Content:

Include the following - Allocation name, allocation counterparty (if at all), allocation size (USD value and percentage), allocation thesis, method of allocation (if complex), Your Ethereum Address (For fee collection).

2

Publish Proposal

The proposal must be published on what we call the 'Assembly'. It is an open forum where people can raise proposals and enable discourse.

3

Wait

If your proposal is executed by the custodian, you will be incentivised for your contribution to the extent of the positive impact brought about by your proposal at the end of every Phase said proposal has been open in the Portfolio.

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If Rejected

If your proposal is rejected by the Custodian and you believe that the proposal should still be executed, you can take the proposal to the Counsel, using 'organisational governance'

Organisational Proposals will require you to be a member Of the DAO, i.e. You will need to own EU (Equation Unit) Tokens.

1

Prepare Proposal

Being an investor in the organisation, automatically makes you an owner. Giving you governance rights over the entity.

Prepare a proposal mentioning the change

Title:

Keep the title short, not longer than a sentence.

Allowed labels:

Amendment

Representative

Side Pocket

PUR Dispute

Content:

Include the following - Thesis/Reason, Replacement (For Custodian Replacement), Github Username (For Representative), Ethereum Address (For Representative), Portfolio Allocation (For Representative).

2

Publish Proposal

The proposal must be published on what we call the 'Assembly'. It is an open forum where people can raise proposals and enable discourse.

Create Proposal

3

Call for a Vote

Unlike Portfolio Update Requests (PURs), where decision making is delegated to the Custodian/s, organisational proposals require an approval from the members of the organisation.

In the 'Question' box while creating the vote, paste the link of the proposal you just created via the Assembly (Step 2).

Creating votes on the Portal, will require you to hold some Ether (ETH) to cover fees.

Initiating launch sequence protocol

Prtrts is the first ever implementation of the Non-Fungible Bond (NFB), issued by Equation. Currently, we are closed to accepting any new subscriptions into Equation and the best way to get exposure to Equation's fund management is via Prtrts.

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