Transparency Reporting & Treasury Tracking

Guiding Principles To Build A True DAO Requires Transparency & Earning Trust

FATExDAO is transparent because it is essential to being a DAO built for members to join a collective. In our case: a commercial enterprise built for very specific purposes. Since the DAO is using the pooled assets of the DEX to accomplish its purpose, to ensure the directors of the DAO and the members are able to do so successfully a critical part is demonstrating transparency. Click on this link for Contracts & Vaults That Can Be Used To Track Treasury. (this will be updated with continuously increasing access to information as new users are onboarded).

pageTransparency Reporting & Treasury Tracking

THE FOLLOWING ARE GUIDELINES FOR TRANSPARENCY & TREASURY

All means of communication can be found at www.FATEx.io Founders' established the following parameters. These can be changed by DAO vote. The underlying principle is TRUST. Even in systems that help create mutual benefits, trust is still required. Transparent communication of intentions and acts builds trust.

FATExDAO will communicate more than the parameters below:

Reporting	Transparency of Operations & Spend
i.	Communication between members and founders will always strive for full transparency and respect; in a way that seeks to simplify and rely on regular short updates.
ii.	Communication of information will be done using the norms expected for a remote, internet/digitally connected world. Until advances in technology occur, an internet connection, email address and/or ability to visit a website using a personal computing device are required to participate.
iii.	Records of all DAO capital expenditures of non-FATE reward holdings must be made public within 30-days of passing, with time allowance provided depending on the team size and other important activities.
iv.	Fiscal matters, executive, advisory changes related to day-to-day operations of DAO shall be made available as often as possible in the governance forum, and no less than every 60-days; after the first 30-days of the FATExDAO launch.
v.	At a minimum, every 90-days the majority of the executive team must present a forum, ideally through video for “town-hall” discussions: allows all members to directly participate in a sensible fashion and serves as means to report and answer on the state of the DAO and for interaction with DAO members.
vi.	Founding and future team leaders, advisors, consultants, and executive roles will be held accountable to the doctrines and directives set forth under contractual obligation and oath within the legal domicile of the executed contract to vow they will expedite the action items of the roadmap outlined below as it aligns to the ultimate mission objectives and the related value of FATExDAO as set forth.

Any parameter can be changed by DAO vote. All treasury and team wallets are available through this GitHub link - inquiries welcome