Governance

TrueSight DAO Whitepaper

Canonical copy on truesight.me. The former Google Doc is deprecated; use this handbook for public reference. Archived Google Doc

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Who are we

Diagram from the whitepaper

TrueSight DAO envisions a world where humanity is reconnected with its inherent divinity, embraces love for all beings, and lives in harmony with nature. We believe this vision will be realized by restoring social and environmental justice through open-source principles, transparency, and accountability.

 

We bring our vision to life by driving positive change through profitable social ventures that promote social and environmental justice, alleviating suffering. By building and contributing to these ventures, we earn governance tokens that increase in value as our impact grows. This increasing value allows us to create a meaningful impact on the world while supporting the self-actualization of our members.

 

Our core values are Mindfulness, Compassion and Equanimity.

 

We use the term DAO (Decentralized Autonomous Organization) to mean an internet-based community combining transparent governance, individual autonomy, and recorded commitments to shared work and capital. Members hold governance tokens (TDG) tied to contributions and risk; those tokens carry voting rights on DAO fiat allocation and policy matters as spelled out in this handbook. The next section states plainly how that pattern relates to cooperatives and to Web3 DAO stereotypes — including where we deliberately diverge.

Sweat equity, cooperatives, and the DAO label

Public language about DAOs often implies token speculation, constant drama, and governance as performance. TrueSight borrows some interfaces familiar from Web3 (proposals, voting, transparency norms) while anchoring economics in sweat equity, operating businesses, and a ledger-first record of contributions. Many members experience TrueSight as closer to a cooperative profit-sharing pattern with digital governance rails than to either a classic consumer cooperative or a purely on-chain protocol community.

 

This is descriptive language about how we operate in practice; it is not legal classification as a cooperative corporation in any specific jurisdiction.

 

Compared to many traditional cooperatives, TrueSight is similar in spirit when surplus is tied to member effort and shared ventures, when receipts matter, and when democratic input exists on rules and allocation. It differs in the specifics: global, distributed participation; a hybrid stack of WhatsApp, sheets, DApp flows, and governors rather than only annual in-person member meetings; and a governance-token design that is explicitly ledger-accounted rather than only “hours plus patronage refunds” paperwork (though the rubric is our parallel discipline).

 

Compared to many “traditional Web3 DAOs”, TrueSight is similar in using public conversation, proposals, and token-weighted processes for some treasury and policy decisions. It differs where hype cycles dominate: TDG is not treated primarily as a casino chip on an open bonding curve; the canonical accounting is the ledger; buy-back and withdrawal patterns are documented under Treasury; and much of the compounding work is intentionally boring (logistics, compliance, finance) rather than social-layer engagement farming.

 

For longer member-facing narratives on execution versus governance theatre, see the blog notes on sweat equity and what our “DAO” is building and on cooperative profit sharing versus co-ops and Web3 DAOs.

 

The problem

In our modern era, shaped by the industrial age legacy, winner-takes-all networked business models, notably in the web 2.0 era, have widened economic disparities and undermined inclusiveness, leading to significant cultural and biodiversity damage.

 

Moreover, our relentless pursuit of profit and productivity, inherited from the industrial age, has driven a growing disconnect between humanity and its spirituality, fellow human beings, and the natural environment. This disconnect has deepened with advancements in technologies like artificial intelligence and robotics.

 

As a result, many lower-income individuals contribute to these models, often sacrificing their well-being. Despite promises of career advancement, employees face longer working hours and dwindling community bonds as profit motives override social cohesion.

 

Additionally, powerful businesses exert significant financial influence on liberal democratic governments, reinforcing their dominance and perpetuating income inequality. Unchecked, this trend risks ushering in a modern form of feudalism, where the few control the majority.

 

Furthermore, the linear thinking ingrained in these models has accelerated climate change, worsening environmental degradation and threatening global ecosystems. This shortsightedness hampers individuals' self-actualization and jeopardizes the natural world's well-being.

 

In this concerning scenario, individuals risk becoming mere cogs in the corporate machine, devoid of soul, while the planet suffers the consequences of our disconnect and disregard.

 

 

The proposed solution - a metagame

Diagram from the whitepaper

Overview

Our Metagame is a collaborative social experiment to explore new ways of creating impactful, socially conscious businesses. By engaging participants in an interactive and dynamic process, we aim to develop innovative solutions for a more just and sustainable world.

 

In this metagame, participants work together to validate three important hypotheses. We believe through the process of validating these hypotheses, we will progress towards realizing our vision for the world:

Our hypothesis

1. Open-source principles have the potential to extend far beyond the tech realm, fostering impactful businesses capable of disrupting unjust practices.

 

2. Open accounting and our shared ledger empower precise recording and equitable distribution of economic value, rewarding contributors according to their inputs.

 

3. Individuals with a clear vision of their fully realized selves are more likely to take action when presented with a path towards their truest potential.

 

Engaging in our metagame will earn participants governance tokens according to the rubric. The headline rates are: provided funds — 1 TDG per 1 USD of liquidity injected; provided labor — 100 TDG per hour of human effort; and USDT transactions — −1 TDG per 1 USDT sent and +1 TDG per 1 USDT received (see the table under Rubric).

 

 

 

Governance tokens (TDG) are not minted on a public blockchain today. Instead, TDG is recorded on our Google Sheet ledger. Around each solstice and equinox, governors review contributions that have been scored by Edgar through the DApp, approve them, and transfer consolidated line items into the main ledger. This seasonal rhythm symbolizes the harmony between our initiative's growth and the natural world's rhythms, while keeping human oversight on top of automated scoring.

 

Actions members can take

 

In this section we describe in detail the types of action a member can take within the scope of our MetaGame.

 

Profits generated from our profitable business will be used to back the value of governance tokens that have been issued out in exchange for participants contributions.

 

Part 1: Generating insights to give us direction

To create a better world based on compassion, we'll start by seeking insights. We gather these by sharing observations of systemic causes of suffering in our surroundings whenever we encounter them in our Beer Hall discussions.

 

Part 2: Inviting more values-aligned members who can help build our DAO

Whatever the challenges we are facing right now in our DAO to get to the next level, we believe somewhere out there is an expert that is able and willing to lead us tackling the challenge in exchange for governance tokens in our DAO. To do so we invite new members into our Beer Hall for discussions.

Part 3: Improving our Gaming OS

 

Diagram from the whitepaper

 

In part three of our metagame, participants are invited to improve upon the way our DAO operates. There are two portions to it.

 

The first portion is mainly pertaining to policies to manage the prisoner dilemma psychology inherent in decentralized organizations. These discussions happen in our Beer Hall

 

The second portion namely the following operational aspects

 

Operate:

Contribute - help improve the operations of our initiatives by proposing and implementing new process improvements to be used in our guilds
Seek - petition for new guilds/initiatives to be created during new funding seasons
Recruit - propose and execute on strategies to recruit new members to join our metagame
Engage - propose and execute on strategies to engage existing members
Fund - source and raise funding and liquidity for our DAO

 

Part 4: Contribute in Guilds

This section explains how members can actively engage within our DAO by contributing to guilds. Participants are encouraged to rethink conventional business models, leading to improvements of our initiatives. Each initiative involve a guild consisting of members actively contributing to it and other non-guild members periodically doing so of their own free will.

 

Communication for these initiatives is tightly scoped; operational coordination for Agroverse runs through a small set of WhatsApp channels for executors (see Chatrooms). Notably, profits generated will be reinvested in our DAO, boosting governance token value. This section underscores our DAO's interactive and entrepreneurial nature, with members actively driving innovation.

 

Guilds and Initiatives - Operational Framework

Diagram from the whitepaper

 

Guilds and initiatives are the core of our meta game and operate autonomously, with participants contributing voluntarily. This section describes how they operate.

Initiative Contribution Areas

Participants can contribute to existing initiatives through:

In real life activities

Sourcing high-quality cacao from farmers
Managing inventory and shipping processes
Coordinating with transportation providers

 

Online Content Creation and Marketing

Developing content marketing strategies on Instagram and other social media platforms
Creating engaging posts, stories, and reels
Analyzing engagement metrics to optimize content

Compliance and Regulation

Ensuring FDA FSVP compliance requirements are met for imported food products
Conducting risk-based foreign supplier verification activities
Maintaining accurate records of supplier verification and compliance

Community Building

Organizing community events and meetups such as cacao circles
Moderating online forums and discussion groups
Building partnerships with relevant organizations

Code Development and Automation

⁠Writing code to automate logistics and supply chain management
⁠Developing tools for compliance and regulatory tracking
⁠Creating scripts for social media content scheduling and analytics
⁠Building integrations for inventory management and shipping providers
⁠Contributing to our existing code bases

 

Contribution Principles

Decentralized decision-making: Individuals self-define their scope prior to joining a guild.
Autonomous project management: Self-directed problem-solving.
Voluntary resource allocation: Participants allocate resources as they see fit.

Decentralized Governance

Existing initiatives are managed through:

 

Emergent leadership: Natural leaders emerge based on expertise.
Individualized decision-making: Participants make decisions within their self-defined scope.
Decentralized resource allocation: Participants allocate their personal resources independently.

Self-Organizing Guilds

Participants join existing guilds to contribute to initiatives, with:

 

⁠Autonomous decision-making
⁠Individualized resource allocation
⁠Flexible collaboration

 

Embracing Emergence

Our trustless network encourages:

 

Spontaneous collaboration
Emergent innovation
Decentralized decision-making

 

Guild life cycle

This section describes phases that historically applied when guilds moved from [test] through [initiative] to [ongoing]. When it was written, we assumed we might keep adding scope and spinning up new guilds over time.

 

Today, DAO scope is fairly fixed: Agroverse and related work run with a tight executor model (see Chatrooms). We are unlikely to broaden into many parallel guilds unless DAO members vote otherwise. In practice, community activity is also quieter than in earlier years, so we are not counting on a wave of new guild formation—while still leaving room for a future vote to expand if energy returns.

 

The phases below remain a useful reference for how a guild can move from design through launch to steady operation, even if we only operate a small number of guilds in practice.

Phase 1: Rethink - <guild>[test]

During this phase, designated chat rooms will be labeled with the [test] tag

 

Participants will examine existing value chains from end to end and rethink how these value chains could be redesigned and contributions along the value chain tokenized. Part of the goal is to iron out any information arbitrage which leads to accruing of unfair economic gains to existing participants within these value chains. These information arbitrage are the source of monopolies that lead to the unfair accruing of economic gains.

 

The outcome of this phase is a business model canvas and an accompanying whitepaper that fully describes the new business model that can be executed without any ambiguities.

 

Roles

Guild Master
Business analyst
Subject matter experts

 

Phase 2: Implement - <guild>[initiative]

During this phase, designated chat rooms will be labeled with the [initiative] tag. The guild master is responsible for creating a new JIRA initiative to track tasks within the initiative's scope. Completed tasks should be clearly marked as requiring tokenization attention, while tasks that have been tokenized should be explicitly indicated as such.

 

Guild membership will be limited to 8 members. When the guild reaches its capacity, the introduction of a new member with significant potential for self-actualization will result in the departure of an existing member with the least capacity for self-actualization.

 

In this phase, participants will turn the business model details into a real-world, functioning business that generates profits in alignment with the DAO's purpose and values.

 

Additional roles will be defined based on the outcomes of the rethink phase, and grants of fiat capital and governance tokens required for this phase will be presented for approval by the parent DAO.

Phase 3: Operate - <guild>[ongoing]

During this phase, designated chat rooms will be relabeled with the [ongoing] tag.

 

In this phase, the necessary steps to continue operating the business will be well-defined and tokenized. Participants who execute these steps will be awarded governance tokens to incentivize continued success. Profits generated from the business will be channeled back to the parent DAO's vault as outlined within our governance policy.

 

No additional roles will be defined as the business is considered to be in a stable state of generating profits.

Deprecation

Governors have the authority to propose the deprecation of inactive guild/initiative chat rooms within our DAO through the governance channel. If a majority vote is obtained, all existing members will be removed from the chatroom, and the chatroom will be shut down.

 

Collaboration guidelines in labeled chat rooms

Outcome oriented discussions

Diagram from the whitepaper

 

Participants are strongly encouraged to be outcome oriented in their communications within these chatrooms. Every single piece of communication should strive towards defining what is the next actionable step within the scope of which the chatroom is applicable for.

 

Participants are discouraged from chatter that is irrelevant which distracts other members attention and focus from the desired outcome of the initiative.

 

Task Management Protocol

Our network's task management protocol is built on autonomy and decentralization. Members voluntarily contribute to existing initiatives, defining their own tasks that align with their interests and expertise within fixed initiative scopes.

 

Contribution Process

Members contribute independently, making decisions without central governance. This approach reduces the need for tight-knit collaboration and minimizes duplication. To facilitate openness and progress, members report their completed tasks and contributions.

 

Self Reporting

This open reporting enables other members to:

 

•⁠ ⁠Build upon existing work

•⁠ ⁠Identify areas for further development

•⁠ ⁠Leverage completed tasks to inform their own contributions

 

Decision-Making at Execution Forks

In our network, when members encounter a fork in the execution path with multiple alternate routes, they have the flexibility to make independent decisions. Alternatively, they can share their proposed direction and invite feedback from others, fostering a collaborative environment.

 

This approach embodies our trustless network principles, empowering members with autonomy and decentralizing decision-making. By removing centralized governance, we encourage adaptability, resilience, and community-driven progress.

 

Members are free to choose their path, and execution continues uninterrupted until the next decision point arises. This open, flexible framework promotes innovation, creativity, and collective growth.

 

 

 

Tokenomics

Scoring follows the rubric: provided labor earns 100 TDG per hour of human effort; provided funds earn 1 TDG per 1 USD of liquidity injected; USDT movements score at −1 TDG per 1 USDT sent and +1 TDG per 1 USDT received. The rubric has been stable for a long time; future changes are more likely to adjust these rates via vote than to add many new line items.

 

Contribution claims are based on self-evaluation and peer reviews. Members submit contribution claims only through the TrueSight DApp (for example report contribution); we no longer scan WhatsApp or Telegram for submissions. The general DApp entry point is truesight.me/dapp.

 

Claims are scored by Edgar and reviewed by governors. Approved amounts are written to our ledger, which provides the canonical track record of contributions and TDG balances. Around solstices and equinoxes, governors batch-approve scored items and move consolidated rows into the main ledger as needed.

 

TDG exists as ledger entries, not as tokens in a member-controlled on-chain wallet. Member identities and payout preferences may still be registered with our DAO for operational and reconciliation purposes.

Dispute resolution

In the event that a dispute arises between the contributor who performs the contribution and the AI who does the validation and scoring of the contribution, the contributor has the right to surface the dispute to the Townhall for discussion and voting by our General Assembly members.

 

As resolution, relevant entries in the rubric and ledger will thereafter be updated.

Treasury

TDG is accounted for on our ledger (see Tokenomics). Following DAO votes that moved away from Raydium-style liquidity pools and routine DEX-based open-market operations for TDG, buy-back and member cash-out are handled through a USD buy-back reserve on the ledger and the withdraw voting rights flow in the DApp, rather than requiring members to use Phantom, Solana, or on-chain DEX swaps for TDG.

 

Ledger-based buy-back and withdrawals

The DAO may allocate budget to a buy-back reserve recorded on the ledger and debit that reserve when members cash out voting rights through the DApp, consistent with the merged proposal to migrate away from Raydium toward a ledger-based buy-back program. Limits, pricing, and timing follow the current rubric, vault policy, and any later proposals.

 

AGL shipment financing fee

For future Agroverse Guild Ledger (AGL) contracts that are shipment financing (direct shipment with physical collateral), the voted default fund management fee is 20%, unless a specific contract states otherwise. Operational funds ledgers that invest in other AGLs do not charge an additional fee at that layer, to avoid double-charging. Existing contracts stay on their prior terms unless amended by mutual agreement.

 

In the event that a member chooses to exit their position prematurely, their governance tokens will be reclaimed from them at a significantly discounted value compared to their initial contribution. This serves as a penalty for early exits.

 

Nomenclature

This section highlights the essential components of our DAO that members will encounter as they navigate through the flow of our core process based on the Double Diamond Design Thinking methodology. These elements are instrumental in facilitating a smooth and structured execution of our initiatives.

 

Carnival of Truth

Diagram from the whitepaper

 

Step into a realm of knowledge, curiosity, and vibrant exchange! The Carnival of Truth is where our dedicated Truth Seekers, the heartbeat of TrueSight DAO, come together periodically in a spirit of celebration and exploration.

 

Imagine a gathering reminiscent of the epic Neverwinter's Night series, where festivities are as rich as the discussions. Here, DAO members unite at a chosen location of collective decision to share, learn, and delve into the intricate tapestry of TrueSight DAO's initiatives.

 

This vibrant carnival is not just an event; it's a mosaic of minds, a symphony of ideas, and a vibrant hub where every member plays a role in shaping our shared vision. It's a space to exchange insights, discuss initiative contributions, and ignite the flames of innovation.

 

So, when you hear whispers of the Carnival of Truth, envision a lively and engaging carnival where the pursuit of truth and knowledge takes center stage. Join in, participate, and let the festivities enrich your journey with TrueSight DAO.

 

Chatrooms

We use WhatsApp for a small set of operations channels. These are for executors who run live Agroverse work—supply chain, warehousing, logistics, and product development—not for casual community participation. Older handbook text described many labeled channel types and a cap on total channels; in practice we have moved to this narrower, executor-first setup.

 

Agroverse executor channels

The critical WhatsApp spaces for day-to-day execution are:

Agroverse — supply chain, warehousing and logistics — coordinating supply chain, warehousing, and logistics.
Agroverse — design, costing and manufacturing — research and development, product design, costing, and manufacturing; this channel is used heavily for status updates along the critical path.

 

Much of the market insight and community-driven inbound sales traffic reaches core leadership directly rather than through a public WhatsApp room, so those flows should not be expected to appear in the executor channels above.

 

The Do Nothing Society

The Do Nothing Society is where we explore the longer-horizon question of how humans interface with the DAO once AI automation handles the bulk of internal processes—future-facing discussion, not day-to-day ops.

 

Beer Hall, Town Hall, and inbound enquiries

Other WhatsApp spaces may still exist for culture and policy—for example Beer Hall-style open ideation and Town Hall <ops>-style assembly—but the operational center of gravity for Agroverse delivery is the executor channels above. Content and advertising rules from prior votes still apply where those rooms remain active.

 

Beer Hall (where used): informal exploration of ideas not yet on the roadmap. Advertising rules from our content policy still apply.

 

Town Hall <ops> (where used): general assembly and policy-weighted discussion for governance token holders as previously defined.

 

TDG balances and ledger

TrueSight DAO governance tokens (TDG) are recorded on our Google Sheet ledger. We retired the former Solana mint; there is no active on-chain TDG balance to hold in a self-custody wallet. Members do not need a Phantom wallet or any chain address for TDG accounting today.

 

The DAO may still use custodial wallets for treasury assets (for example USDT or Bitcoin) where relevant; that is separate from TDG ledger entries.

Governance Tokens

Our governance tokens (TDG) are accounting units issued and tracked on our ledger within our community. Ownership of governance tokens as recorded on the ledger allows you the following types of benefits:

 

Voting rights in our DAO on policy matters.
Enjoying the economic benefits when its value appreciates due to profits generated from our businesses.
Cashed out in exchange for Fiat

Governors

Governors of our DAO are caretakers of our community. Every season the top 10 contributors for the past 90 days in our DAO are automatically elected into position.

Privileges

Editing rights to our ledger
Editing rights to our rubric
Administrative rights to our WhatsApp channels

Duties

Around solstices and equinoxes, review Edgar-scored DApp submissions and approve consolidated ledger entries
Resolve any notarization disputes surfaced by DAO members

Time of elections

Spring Equinox
Summer Solstice
Autumn Equinox
Winter Solstice

Guild

A guild is a decentralized group of members with expertise in a specific area that contribute to a specific DAO initiative. Each initiative can have multiple guilds. The guild operates autonomously and makes its own decisions regarding how best to contribute their skills and resources to achieving a specific aspect of a initiative's goals.

 

Participation is incentivized through awards of governance tokens (TDG) recorded on our ledger. By creating guilds, our DAO can tap into the expertise of its community more efficiently and effectively to achieve its objectives.

 

Today we run with tight scope: we do not expect to spin up many new guilds or parallel chat-room taxonomies. Operational dialogue for Agroverse is concentrated in the executor WhatsApp channels described under Chatrooms.

 

Ledger

This is a Google sheet which keeps track of all contributions ever made by DAO members within our ecosystem as well as the amount of governance tokens awarded in exchange for that contribution. Submissions arrive through the DApp; Edgar scores them, and governors approve and consolidate rows into this ledger on a seasonal schedule.

Rubric

The rubric is a Google sheet that defines how TDG are awarded by category. It has been very stable and has not changed in a long time.

 

If we adjust scoring in the future, we expect it will more likely be through a proposal to change the exchange rates for the two primary rows (provided funds and provided labor) rather than continually introducing new categories and lines.

 

Category of contributions Type of contribution TDG tokens awarded
Provided fundsFor every 1 USD of liquidity injected1
Provided laborFor every 1 hour of human effort100
TransactionsFor every 1 USDT sent−1
TransactionsFor every 1 USDT received1

 

Governors may still propose updates when needed; the sheet remains the source of truth for any wording beyond this handbook snapshot.

Vault

This is a multi-signature wallet where all our unissued governance tokens are held. Other assets like USDT and Bitcoin owned by our DAO are also kept here. Release of assets from our vault requires the approval of governance token holders before it can happen.

 

Standard Rate

The Standard Rate is a network-wide transaction fee that supports TrueSight DAO's operations. It is determined through a fair and transparent process involving governance token holders. They submit preferred rates, which are then aggregated using quadratic voting weightage.

 

This approach ensures inclusivity and diversity in determining the Standard Rate. Token holders' votes are weighted based on their governance token holdings, allowing for a collective decision. This empowers the community and aligns the transaction fee with their interests and expectations.

 

By involving the community in fee determination, TrueSight DAO promotes transparency and accountability. Token holders have a voice in shaping the fee structure, fostering a sense of ownership and active participation.

 

The calculation of the Standard Rate using preferred rates and quadrating voting weightage ensures a robust and fair process. It establishes a sustainable financial model while incorporating community engagement. This mechanism supports the growth and success of TrueSight DAO, creating a network that benefits all participants.

 

Amendments

This section will be periodically extended based on voting outcomes within our channels. A screenshot of the voting outcome will be attached along with the addendum that will be applied

20230417 - Confidential and Proprietary Data Policy

Voted in Townhall - past into effect 17th April 2023

 

Prior to accessing dedicated chat rooms where our guilds operate, members are required to sign and submit a copy of our non-disclosure agreement (NDA) and/or a non-compete agreement. As according to the terms defined within our non-disclosure agreement (NDA), members who have contributed private and confidential data they own will retain the right to use them.

 

If a guild member wishes to commercialize proprietary data outside of the scope of the DAO, they will be required to enter into a licensing agreement based on the defined licensing terms therein.

 

If a guild is translating its business model into a real-world implementation, members will be required to sign a non-compete agreement specific to the guild's scope.

 

TrueTech Inc, a Delaware corporation, is the technology solutions provider for TrueSight DAO. In the event, a member breaches the NDA, licensing agreement, or non-compete agreement prior to the incorporation of a initiative as its own independent legal entity, TrueTech Inc will seek legal remedy on behalf of the Guild under Delaware jurisdiction.

 

 

20230430 - Content Policy

Voted in Beer Hall - past into effect 30th April 2023

 

New policy is now in effect across all our chatrooms.

 

Sexually inundated content will no longer be tolerated hence forth.

 

Violators will be given a verbal warning and their post removed for the first two violations. They will be permanently banned upon their third violation

 

20230430 - Non-Aligned Transaction Policy

Voted in Town Hall - past into effect 30th April 2023

 

Future transactions passing through our network that are not aligned with our DAO purpose and mission will henceforth be charged with a gas fee. A follow up poll in our town hall on gas fee to be charged will be conducted

 

20230502 - New Member Onboarding Policy

Voted in Town Hall - past into effect 2nd May 2023

 

Prior to being allowed entry into a guild, requesting members will be required to go through an onboarding process where we determine the role the member will participate as.

 

As part of the onboarding process, new members will be required to read our DAO’s white paper to understand how we operate. This will reduce any confusion new members may have when being introduced into our ecosystem to interact with other participants in the space.

20230508 - Non-Compete Policy

Voted in Agroverse Guild - past into effect 8th May 2023

 

To ensure we become economically self-sustaining, we will need to ensure there are no unauthorized misuse by members with access to proprietary knowledge released by other members within the guild.

 

Utilization of the knowledge to set up a competing entity will compromise our goal of becoming economically self-sustaining.

 

New members seeking to join EcoVerse21 guild will need to sign a non-compete agreement specifically pertaining to the scope of the EcoVerse21.

 

https://TrueSight.me/dao/agroverse/noncompete

 

 

20230525 - Guild Size Limit Policy

Voted in Townhall - past into effect 25th May 2023

 

With reference to the Amazon 2 pizza rule, its been observed there is an optimal guild size beyond which productivity within the guild starts waning. To ensure optimal operation of guilds, guild membership size will be restricted to 8 members henceforth.

 

In the event a new member is to join a guild and guild is at capacity, an existing member will be chosen to be booted from the guild based on the following order

 

least active member within past 90 days
Member with the least amount of governance tokens gained within the scope of guild

 

 

20230603 - Town Hall restrictions policy

Effective 3rd June 2023

 

Non-token holders will no longer be allowed in our town hall where members of our general assembly congregate

 

General community members and the general public can continue to stay about general policy updates as well as initiative progress in our Beer hall and our community website after voting have pass in our town hall

20230628 - Fiat Injection policy

Voted in Townhall - past into effect 28th June 2023

 

TrueTech Inc will be utilized as holding bay for fiat capital injected by members to finance expenses that might be incurred during the course of our guild executing on our community initiatives

 

This route ensures external fiat capital injection does not throw off the balance of our DAO’s contribution/token based governance system

20230703 - Governors chatroom proposal limits

Voted in Townhall - past into effect 3rd July 2023

 

Governors have the right to propose unlimited number of chatrooms in our DAO.

20230709 - Task management protocol adoption

Voted in Townhall - past into effect 9th July 2023

 

DAO has voted to adopt task management protocol

Diagram from the whitepaper

20230709 - Historical: Ethereum migration vote

Voted in Townhall - past into effect 9th July 2023

 

Historically, DAO members voted that once we had successfully sold off our first shipment of 100KG Agroverse cacao nibs, we would begin migrating governance tokens to the Ethereum chain. In practice, the DAO has chosen not to pursue that on-chain migration for TDG at this time: we retired the Solana mint and use the Google Sheet ledger as the canonical record of TDG. This section is retained for transparency; current practice is described under TDG balances and ledger and Tokenomics.

20230919 - Total number of channels limit

Voted in Townhall - past into effect 19th Sep 2023

 

Henceforth total number of channels within our WhatsApp community will be limited to 8 (excluding our announcement channel)

 

When WhatsApp community is at capacity, if DAO seeks to create a new channel, an existing channel of lower quality must be voted for shutdown

 

Today, which channels are active and who belongs in them is summarized under Chatrooms; Agroverse operations concentrate on a small set of executor rooms, and we may run fewer than eight in practice while still respecting the spirit of this cap.

 

20230921A - Town hall access requirements

Voted in Townhall - past into effect 21st Sep 2023

 

Henceforth members seeking to gain entry into our Town Hall must have contributed on our ledger over the past 90 days

 

20230921B - Town hall access requirements

Voted in Townhall - past into effect 21st Sep 2023

 

Henceforth members seeking to gain entry into our Town Hall must have been active within our channels over the past 90 days by either proposing, contribution insights or voting

 

20230921C - Town hall access requirements

Voted in Townhall - past into effect 21st Sep 2023

 

Henceforth members seeking to gain entry into our Town Hall will require to have minimal holdings of 100 TDG

 

20230921D - Town hall access requirements

Voted in Townhall - past into effect 21st Sep 2023

 

Members failing to meet membership conditions for continued town hall access will be booted during Equinox and Solstice. Members could gain entry again once they have fulfilled requirements

20230921E - New member onboarding policy

Voted in Townhall - past into effect 21st Sep 2023

 

A new prospective member seeking to join our DAO will be keep in a separate holding bay where existing DAO members access member for fit in terms of the following:

 

Core values alignment
Self Actualization Goal and DAO mission and purpose alignment

 

20230928 - Discussion of policy matters

Voted in Townhall - past into effect 28th Sep 2023

 

All policy matters will only be voted upon within the Town Hall. No separate channel will be created to conduct such matters within our DAO

 

 

20231023 - Fiat only investors USD100 entry requirement

Voted in Townhall - past into effect 10th Oct 2023

 

All future self proclaimed fiat only investors who want to join our DAO will need to foot a USD100 entrance fee prior to being allowed into our Beer Hall

 

 

20231023B - Maximum Guild Participation restrictions

Voted in Townhall - past into effect 10th Oct 2023

 

To ensure quality of our guilds operations, members are henceforth restricted to being an active participant in a maximum of two guilds and passive observer in one guild

 

Restriction quota does not apply to:

Beer Hall
Town Hall
Do Nothing Society

 

20231115 - governance token management protocol (historical)

Voted in Townhall - past into effect 15th Nov 2023

 

This section is retained for transparency but is superseded for current operations: later DAO votes adopted a ledger-based buy-back program (including moving away from Raydium-style pools) and TDG recorded off-chain as described under Treasury and Tokenomics. The open-market and DEX-oriented rules below applied when governance tokens were traded on markets; they are not the active playbook for ledger TDG.

 

The purpose of this protocol was to discourage excessive speculation on our governance tokens in the open market once it gets listed on Centralized exchanges while at the same time capitalize on market fluctuations to increase our fiat netbook value per issued governance token ratio

 

 

 

Rules

Rule 1: every quarter DAO will make provisions to increase governance tokens in circulation by 25% of what was already in circulation on the last day of the previous quarter.

 

Rule 2: Full amount might not end up being circulated in the market if no exceptional price ranges present themselves

 

Rule 3: DAO will make open market purchases as and when market value at which governance token is traded falls below USDT net book value.

 

Rule 4: DAO will make open market sales of governance tokens up to the total provision specified (Rule 1) for market circulation as and when market value per token exceeds the higher of either USDT1 or USDT net book value per token (when it is above USDT1)

 

 

Conclusion

This protocol for governance token management when strictly adhered to in the long haul is anti-dilutive in nature.

 

It has the effect of discouraging excessive speculation activities beyond desirable price range both on the upside and the downside

 

The muting of speculative components in open market pricing of DAO governance token help curtail distractions DAO governance token holders might otherwise experience away from daily practice of Satseva

 

 

Prior references

 

Singapore’s floating exchange rate system
Berkshire Hathaway share buyback policy
China’s monetary policy which helped them tide through the 2008 financial crisis unscathed

 

Constitutional amendment process

To ensure transparency and integrity, proposals are created and voted through our GitHub-based proposals system with digital signatures in the DApp (for example view open proposals and create proposal). The canonical repository is TrueSightDAO/proposals; merged pull requests record approved policy. This replaced the earlier Solana Realms workflow for most members. The site hub truesight.me/proposals links members into the same process. (The prior label "On-Chain Vault" referred to an older workflow; TDG itself is ledger-based as described above.)