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  • 🐚Introduction
    • Admiralty
  • 👩‍⚖️DAO Governing Bodies
    • Who Governs AdmiralDAO?
    • Operators
      • Operator Responsibilities
      • Operator Elections
    • The Security Council
      • Security Council Elections
  • 📜Community Governance
    • Overview
    • ⛵SAIL Primer
      • Clipper Fundamentals
      • DEX Market Structure
      • SAIL Utility & Tokenomics
      • veSAIL
    • Governance Process
      • Proposal Template
    • 🧑‍🌾SAIL Farming
    • 🪙SAIL Tokenomics
    • Token Listings
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  1. Introduction

Admiralty

NextWho Governs AdmiralDAO?

Last updated 1 year ago

​ is supported by Admiralty LLC, a non-profit member-managed LLC. The DAO controls a multisig wallet with several signers.

Principles

AdmiralDAO is committed to achieving decentralization, acknowledging that its rollout is still a work in progress. Emphasizing technical security and operational efficiency, members can actively participate by submitting and voting on AdmiralDAO Proposals ("APs") and ensuring their implementation. AdmiralDAO serves as a DAO for builders, overseeing a diverse range of DeFi products customized for specific traders and communities.

The guiding principles of AdmiralDAO are:

  1. Power to the do-ers: Building a governance system where active contributors have a say.

  2. Decentralization: Empowering token holders and community participants in decision-making.

  3. Transparency: Communicating all governance processes, proposals, and voting outcomes openly to foster trust and accountability.

  4. Operational Efficiency: Benefiting a competitive DeFi ecosystem with streamlined processes, clear guidelines, and secure mechanisms for timely decision-making.

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AdmiralDAO
domiciled in the Marshall Islands