WIP-001/POLICY 005 Omnibus Proposal

Omnibus Resolution of 12321 DAO LLC

Preamble

In accordance with the Marshall Islands Non-Profit Entities Act 2020 and the Operating Agreement of 12321 DAO LLC (the “Operating Agreement”), the undersigned, being the Members of 12321 DAO LLC, a Marshall Islands DAO LLC (“WeavrDAO”), hereby take the following actions and adopt the following resolutions:

  1. Adoption of WeavrDAO Constating Documents and Policies

RESOLVED: That the following documents are ratified and adopted by WeavrDAO:
WeavrDAO Constitution & Code of Conduct

  • WeavrDAO Constitution & Code of Conduct, hosted at:
  1. Adoption of Voting and Decision Making Process

    RESOLVED: That votes made by by the WeavrDAO membership will be conducted in accordance with membership tokens held by WeavrDAO Members, with each individual token entitling its holder to one vote, subject however to certain identity verification processes as outlined in our gitbook and subject to the limitation that no Member may vote more than 10% of the aggregate token supply outstanding.

    FURTHER RESOLVED: That any amendments required to be made to the operating agreement of WeavrDAO (the “Operating Agreement”) to effectuate this resolution will be made and voted upon by the Members.

    FURTHER RESOLVED: That the Operating Agreement, as amended from time to time, shall be publicly visible at the following url: https://resolutions.weavr.org.

  2. Adoption of Multi-Sig Wallet

    RESOLVED: That WeavrDAO adopts the following cryptographically secure safe as its on-chain wallet and financial account:0x7c01dA4f126859F0E48381DdEd8782565A460C16

  3. Token Issuance, Allocation and Vesting Schedule

    RESOLVED: That the token issuance, allocation and vesting schedule attached hereto as Schedule A is adopted by WeavrDAO as the initial issuance, allocation and vesting schedule for WeavrDAO membership tokens.

  4. Commitment to AML/KYC/FINTRAC Compliance

    RESOLVED: That WeavrDAO commits to observing and complying with all AML/KYC/FINTRAC obligations, ensuring that exposed or blacklisted persons are detected and removed from our membership when detected; and commits to defining an AML Compliance Procedure as soon as possible.

  5. Contract with Fractional Finance, Inc.

    RESOLVED: That WeavrDAO shall contract with Fractional Finance, Inc. (“Fractional”), a corporation incorporated under the federal laws of Canada, for software development services, and other services as may be required from time to time, in consideration for the Development Corporation token allocation as defined in Schedule A. Fractional will be responsible for managing, maintaining and improving upon the smart contracts, source code and all development work for WeavrDAO. The specific form of this contract will be drafted and executed as soon as practicable upon approval of this resolution, subject to the requirement that any such contract will grant the Members of WeavrDAO the unilateral right to terminate the relationship with Fractional.

  6. Adoption of Certain Assets

    RESOLVED: That WeavrDAO consents to the adoption and receipt as gifts the following assets:

Schedule A

Token Issuance, Allocation and Vesting Schedule

Token Issuance

The maximum amount of WEAV tokens is capped at 1 Billion.

Token Allocation

The total division of the minted tokens shall be as follows:

Release Allocation Share (%)
Private Sale

15

Private Sale #1 5
Private Sale #2 5
Private Sale #3 5
Treasury

60

Development Corporation

20

Community

5

Early Team 1
Current Team 1.5
Genesis Team 2.5

Description

Private Sale

150m tokens shall be allocated to Private Sale rounds and held aside for investors to participate in the private sale of the WEAV token.

We’ll have more specific information on the private sale on a follow up proposal.

Treasury

600m tokens shall be allocated to the WeavrDAO treasury and its use will be decided by governance.

Development Corporation

200m tokens shall be provided to Fractional Finance, Inc the Development Corporation for facilitating the building process and maintenance of the protocol as per contract with Fractional Finance, Inc., article 5.

Community

50m tokens shall be allocated to the community and are held aside for early core contributors of WeavrDAO.

  1. Early Team → 10m WEAV tokens shall be allocated to the early team members as part of the first phase distribution:
Discord Handle (Name) Ethereum Wallet Address Allocation
gruad#1079 0x8dA8529074115CC61f7FBAD1B92873D8a18E661A

1111111.111

AshleyG&G!!7067 0x6DD49c62E7dAaFFE19586C80C0f10fD80eECe880

1111111.111

arcology#9013 0x6604b79b688a2e78414f1b91d9a4f2ee4bd51cf6

1111111.111

rotorless | Amicus.eth#0429 0xe6B9b2a1eA3dfd9294f0e4a6abB41334b319c602

1111111.111

lion917#3637 0x058517c8bBB6Dc46F9538C6b37aC433BEc4264DD

1111111.111

coachviking 0x3A9bF8d684D362Af2d8098D311503FAaE24D9E95

1111111.111

zeryx 0x49c899a1fa59a7edf23c249d491805c9077bf62b

1111111.111

Maria 0xba68d3b520c02f16d6818b0c1d37e06aaf412ad7

1111111.111

Vecdeque 0x7A51a7dc49745f4E3eE89351c9e72f104D2F2953

1111111.111

bash#7963 0x37b59ed8437cff3eb5de82dd4d63cfaaf1f30b72

476190.4762

RuneManny#7447 0xc88f7006159d82074fcad232fd4721e123e41548

476190.4762

hestar 0x4f26e8eD7a39f6bb97Be3234B36268413611d140

476190.4762

Abstrucked#9910 0xe4e1aEF9c352a6A56e39f502612cA88a3441CFA5

476190.4762

Joe Olaniyan#9604 0x6e8d22c8eb7158df1115a08a1ae00c216803fff5

476190.4762

FlashJ01#5041 0x7bf75d2a01d666d58dc9ff8eed5c82cb21799ab8

476190.4762

Shellpen!🐚🖋#7535 0x5924eb6a482cea85e23403e448257fbe5c58a9ed

476190.4762

bfa 0x128b7E7F0Bfa7CdA46bB4728A0DA88dBaA095026

476190.4762

Shara 0xdf1bb27d8f912676f18ba0d6f20cd3ad77ff5905

476190.4762

lala.anon 0x61A4b6BE812D39b3e202F8d8e33C2Fc84FB2503E

476190.4762

Jay_the_Legal_Wizard#6221 0x537e1c6afad0ccdab48e536a184d6a8a14526e31

476190.4762

tony.stark#5145 0xFE275B57BCa59f955552b073BB27b8Fa76de01Da

476190.4762

shantaram 0x7a39246b3B12eD329eBb83b4f2eB8e3ffb627403

476190.4762

IsraelRex#3613 0xd4ebc61981e5b9ab392b68f2638012e2346d534c

476190.4762

senad 0xaf5c595eaa0ed462a75157513d99e1e3b0d1a570

476190.4762

Mide#4406 0xb124e5754d365e6927c62e92e84cb0b9e05404ad

476190.4762

MANUEL#7701 0xfbf7b01efb432ddfeaa5f5a51c4d4bceb6ec83ba

476190.4762

chaslam#5367 0x094B66BCfaBe662959fd124Ad1AbE0C2b5b074D2

476190.4762

lohry 0x4d0f7C819430783286f9bb54D09E95AB2262fCE6

476190.4762

TatyBann 0x11cA8bfA53F39F1d303822898b28Bf116C490461

476190.4762

landonlee 0xE874E30039f03622D402FeC8E345cF1de83837E5

476190.4762

Grand Total

10000000

  1. Current Team → 12m WEAV tokens shall be allocated to current team members as part of the second phase distribution:
Discord Handle (Name) Ethereum Wallet Address Allocation
Mide#4406 0xb124e5754d365e6927c62e92e84cb0b9e05404ad

1044490.893

MANUEL#7701 0xfbf7b01efb432ddfeaa5f5a51c4d4bceb6ec83ba

929829.7999

FlashJ01#5041 0x7bf75d2a01d666d58dc9ff8eed5c82cb21799ab8

827709.7641

senad 0xaf5c595eaa0ed462a75157513d99e1e3b0d1a570

809793.9683

RuneManny#7447 0xc88f7006159d82074fcad232fd4721e123e41548

799044.4909

bash#7963 0x37b59ed8437cff3eb5de82dd4d63cfaaf1f30b72

680800.2389

Joe Olaniyan#9604 0x6e8d22c8eb7158df1115a08a1ae00c216803fff5

675425.5001

Shara 0xdf1bb27d8f912676f18ba0d6f20cd3ad77ff5905

636010.7495

Abstrucked#9910 0xe4e1aEF9c352a6A56e39f502612cA88a3441CFA5

573305.4643

lion917#3637 0x058517c8bBB6Dc46F9538C6b37aC433BEc4264DD

562555.9869

Shellpen!🐚🖋#7535 0x5924eb6a482cea85e23403e448257fbe5c58a9ed

546431.7707

IsraelRex#3613 0xd4ebc61981e5b9ab392b68f2638012e2346d534c

532099.1341

gruad#1079 0x8dA8529074115CC61f7FBAD1B92873D8a18E661A

394147.5067

AshleyG&G!!7067 0x6DD49c62E7dAaFFE19586C80C0f10fD80eECe880

338608.5399

Amadex360#4218 0x980d1f641330e9bbae88a29a37b5a3c16e38e257

270528.516

jay the legal wizard 0x537e1c6afad0ccdab48e536a184d6a8a14526e31

254404.2998

hestar 0x4f26e8ed7a39f6bb97be3234b36268413611d140

241863.2428

winverse 0x9eca84c45de0c52498c4f439a0cc061e68ba5a1a

207823.2308

DePaul 0x6fe22a69cbf3668c3ac7c3b7b2a499109a50e205

207823.2308

Tundeey 0x4c8a3ed7f75fadc3cfb39b7b4a427a15aec0d424

191699.0146

Mini 0xe204035dc0063b21c79a5bbd61ee99809b906278

179157.9576

chameoen 0xe5fcba2fc4bed3c4a4d42be5b2066fb196979d27

166616.9006

Athena 0x15763741a69bFB0a562B587c5145dc6cf0D04B5d

152284.264

SofiaT 0x62b8285c19b7adc7cc2d98358934e7d02fa97681

145117.9457

Royalty 0x1d6caacb0528fd7efffe9029604dd2049a40b3ce

145117.9457

Inconspicious 0x2701bb8d87c870ac52fffb5db76220dcaf037af4

123618.9907

VallentinaC#4102 0x4ba11a55ea45f72f8e5387a7a639c28ede07f7a3

109286.3541

Esther 0xa4fe5137e2435edd0f15abdb54a8b19ab92f896b

102120.0358

BillS 0x0de2d18d335ec5128204da6a0e2c37f1b1c563b3

82412.6605

Aakansha 0x06a1e83832ad7de314b4f82efbc9591d0670a1e2

69871.60346

Grand Total

12000000

  1. Genesis Team → 25m WEAV tokens shall be allocated to genesis team members as part of the third distribution phase:
Discord Handle (Name) Ethereum Wallet Address Allocation
lion917#3637 0x058517c8bBB6Dc46F9538C6b37aC433BEc4264DD

2083333.333

senad.eth 🏴#8782 0xAf5c595eaA0ED462A75157513D99e1E3B0D1A570

2083333.333

AshleyG&G!!#7067 0x6DD49c62E7dAaFFE19586C80C0f10fD80eECe880

2083333.333

Mide#4406 0xb124e5754D365e6927c62e92E84Cb0B9e05404ad

2083333.333

rotorless | Amicus.eth#0429 0xe6B9b2a1eA3dfd9294f0e4a6abB41334b319c602

2083333.333

tony.stark#5145 0xFE275B57BCa59f955552b073BB27b8Fa76de01Da

2083333.333

arcology#9013 0x6604b79b688a2e78414f1b91d9a4f2ee4bd51cf6

2083333.333

Abstrucked#9910 0xe4e1aEF9c352a6A56e39f502612cA88a3441CFA5

2083333.333

Vecdeque 0x7A51a7dc49745f4E3eE89351c9e72f104D2F2953

2083333.333

BillS#8175 0x0dE2d18d335EC5128204da6a0e2c37f1B1c563B3

2083333.333

chaslam#5367 0x094B66BCfaBe662959fd124Ad1AbE0C2b5b074D2

2083333.333

Jay_the_Legal_Wizard#6221 0x537e1c6afad0ccdab48e536a184d6a8a14526e31

2083333.333

Grand Total

25000000

Token Vesting Schedule

The available tokens to the market will be released over a set schedule, published in advance, and changeable only by WeavrDAO vote. The emissions schedule can only be redefined and changeable by a supermajority (requiring a 66% vote). The maximum unlocked token supply will be reached after 60 months for the Treasury and Development Corporation. 100% of the tokens allocated to Private Sale and Community will be minted at Token Generation Event (TGE).

Release Allocation Unlocked at TGE (%) Unlock Duration (Months)
Private Sale 100 -
Treasury 4 60
Development Corporation 10 60
Community 100 -

Token Unlock Schedule

Release Schedule Private Sale Treasury Development Corporation Community Total
% Unlocked at TGE

1

0.04

0.1

1

232800000

Unlocks over months

0

60

60

0

0

150000000

24000000

20000000

50000000

1

0

9600000

3000000

0

2

0

9600000

3000000

0

3

0

9600000

3000000

0

4

0

9600000

3000000

0

5

0

9600000

3000000

0

6

0

9600000

3000000

0

7

0

9600000

3000000

0

8

0

9600000

3000000

0

9

0

9600000

3000000

0

10

0

9600000

3000000

0

11

0

9600000

3000000

0

12

0

9600000

3000000

0

13

0

9600000

3000000

0

14

0

9600000

3000000

0

15

0

9600000

3000000

0

16

0

9600000

3000000

0

17

0

9600000

3000000

0

18

0

9600000

3000000

0

19

0

9600000

3000000

0

20

0

9600000

3000000

0

21

0

9600000

3000000

0

22

0

9600000

3000000

0

23

0

9600000

3000000

0

24

0

9600000

3000000

0

25

0

9600000

3000000

0

26

0

9600000

3000000

0

27

0

9600000

3000000

0

28

0

9600000

3000000

0

29

0

9600000

3000000

0

30

0

9600000

3000000

0

31

0

9600000

3000000

0

32

0

9600000

3000000

0

33

0

9600000

3000000

0

34

0

9600000

3000000

0

35

0

9600000

3000000

0

36

0

9600000

3000000

0

37

0

9600000

3000000

0

38

0

9600000

3000000

0

39

0

9600000

3000000

0

40

0

9600000

3000000

0

41

0

9600000

3000000

0

42

0

9600000

3000000

0

43

0

9600000

3000000

0

44

0

9600000

3000000

0

45

0

9600000

3000000

0

46

0

9600000

3000000

0

47

0

9600000

3000000

0

48

0

9600000

3000000

0

49

0

9600000

3000000

0

50

0

9600000

3000000

0

51

0

9600000

3000000

0

52

0

9600000

3000000

0

53

0

9600000

3000000

0

54

0

9600000

3000000

0

55

0

9600000

3000000

0

56

0

9600000

3000000

0

57

0

9600000

3000000

0

58

0

9600000

3000000

0

59

0

9600000

3000000

0

60

0

9600000

3000000

0

Total

150000000

600000000

200000000

50000000

1000000000

Schedule B

Formation Declaration for 12321 DAO LLC

Preamble

In accordance with the Marshall Islands Non-Profit Entities Act 2020 and the Operating Agreement of 12321 DAO LLC (the “Operating Agreement”), the undersigned, being the “Founding Member” of 12321 DAO LLC, a Marshall Islands DAO LLC (“WeavrDAO”) hereby takes the following actions and adopts the following resolutions to by unanimous written consent without a meeting:

  1. Initial Resolutions

RESOLVED: That every action taken or authorized with respect to WeavrDAO by the Founding Member of WeavrDAO is ratified and the Founding Member is hereby discharged from any further liabilities or duties with respect to WeavrDAO and WeavrDAO further agrees to indemnify and hold harmless the Founding Member from any liability incurred in the past or the future with respect to organizing WeavrDAO.

RESOLVED FURTHER: That WeavrDAO adopts “WeavrDAO” as a d/b/a name for 12321 DAO LLC, and commits to taking such steps as may be necessary or desired to operate under that name in any given jurisdiction(s) in the future.

RESOLVED FURTHER: That membership of WeavrDAO will be evidenced by possession of a specific cryptographic token hosted at the following address on the Arbitrum One Network: 0x90BE6F8f30931322e60b913ecE49d1724D996054 (the “Token”).

RESOLVED FURTHER: That the register of members of WeavrDAO shall be maintained, in accordance with the Marshall Islands Non-Profit Entities (Amendment) Act 2021, at the following distributed ledger address on the Arbitrum One Network: 0x43240c0f5dedb375afd28206e02110e8fed8cFc0.

  1. New Members

    RESOLVED: That the members identified by the following Ethereum digital ledger identifiers (the “New Members”), by virtue of their efforts and contributions, are admitted as Members of WeavrDAO:

  • 0x058517c8bBB6Dc46F9538C6b37aC433BEc4264DD

  • 0xAf5c595eaA0ED462A75157513D99e1E3B0D1A570

  • 0x6DD49c62E7dAaFFE19586C80C0f10fD80eECe880

  • 0xb124e5754D365e6927c62e92E84Cb0B9e05404ad

  • 0xe6B9b2a1eA3dfd9294f0e4a6abB41334b319c602

  • 0xFE275B57BCa59f955552b073BB27b8Fa76de01Da

  • 0xe4e1aEF9c352a6A56e39f502612cA88a3441CFA5

  • 0x094B66BCfaBe662959fd124Ad1AbE0C2b5b074D2

  • 0x0dE2d18d335EC5128204da6a0e2c37f1B1c563B3

  • 0x6604b79b688a2e78414f1b91d9a4f2ee4bd51cf6

  • 0x7A51a7dc49745f4E3eE89351c9e72f104D2F2953

  • 0x537E1c6afAD0CcDAb48E536A184D6a8A14526E31

    FURTHER RESOLVED: That to the best of the Founding Member’s personal knowledge, the New Members have consented to be admitted as Members of WeavrDAO and have voiced no objection to their admittance.

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