'Et Tu Pepe?'
The TidusDAO Constitution is both a statement of intent, and also a definition of the roles and expected responsibilities of members. Although simple in its construction, the Roman-inspired framework is fundamentally different in the social pressures it exerts and the decisions that bind the DAO.
Working Constitution
It is exceedingly unlikely that a fixed model of governance for the TidusDAO, defined at the outset of this product, can appropriately navigate the wallet’s future challenges. So we start from the beginning with a Roman-style Constitution for TidusDAO that is:
- A commitment to user experience. In its lifetime, the TidusDAO will lean heavily into user interface, and the dissemination of information. The goal being to onboard new users to the space, but at the same time be complex enough to satisfy native crypto users.
- A transitory document. Similar to other projects this Constitution will be a living document, adjusted to better define the shared goals of the DAO.
- Slow and Fast - to organize a living, adaptive product and provide governance in a more social manner. Cutthroat, or not, the Romans were a very social culture. The tools must be in place to move fast, or slow.
- Social unrest. The DAO is designed to expose the game theory inherent to all decision-making and take all the abuse thrown at it. For example the 10th Senator will be elected by the House as an experiment tossing a bone to the Plebs.
Divisions of Power
TidusDAO is divided into the Senate, and the House, with a Caesar to start with the all-powerful veto. This is the planned situation moving forward with a two-year term ending with a transition into the Roman Republic Consul system. This is to balance the transition from a more centralized product, into a decentralized product. We sometimes refer to this as a (DAP) Decentralized Autonomous Product.
The Tidus Foundation
The Tidus Foundation will be a steward of the TidusDAO and its early governance model. The Tidus Foundation is a Non-U.S organization responsible for guiding the growth and development of the Tidus Wallet and its associated products. Acting through its founders, the Foundation may:
- Facilitate the administration of Wallet governance;
- Allocate treasury assets to fund public goods, incentivize participants in the Tidus Wallet ecosystem, or otherwise furhter its (and the DAO's) purpose;
- Amend this Working Constitution; and
- Take other actions that are conducive to its stewardship role.
Rights of House and Senate
Roles are described in greater detail by the whitepaper(link to be added). Subject to the founding legal documents of the Tidus Foundation and the procedures outlined in the above-mentioned whitepaper.
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Future House Members may:
- Vote for select Elections
- Engage with their Tribunes
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Senate members may:
- Propose to add/remove a member of the TidusDAO
- Vote on or discuss the day-to-day operations of the wallet
Tribunes of the Plebs
The main difference between a Roman-style DAO framework and a traditional DAO framework are the Tribunes. This role is the sole position elected by the House. The split of the House and Senate is done purposely in the Roman style to allow the day-to-day operations of the wallet to be free from useless interference, whale abuse, and general proposal overload. The Tribune is designed to be the gatekeeper to the Senate.
Morally Ambiguous
It is important to note that the roles in the Roman-themed TidusDAO are not inherently moral, nor is there an expectation of ethics. The Romans chased absolute power, and it is assumed that game theory will play out very hard within the House and Senate. Tribunes might be bribed, have friends within the project, or be sabotaging the project from the inside. This is not the goal of the DAO, but it is a very distinct possibility at least in short-term bursts. It is expected that TidusDAO members will obey the laws of the countries they inhabit, but outside of legal limitations the DAO does not aim to moralize decision-making. The DAO is designed to operate fast, or slow when needed, not endlessly moralize proposals.
Vetoes
Tribunes can veto proposals, and Caesars OR Consuls can veto Tribunes. Caesars OR Consuls are the end of the road when ending disputes. More information about vetoes is available to read in the whitepaper.
Hail Caesar!
Although some parts of this constitution might seem overtly experimental in nature they were utilized for almost a thousand years in human history. TidusDAO will have at least two years to work out the pressure points, and improve the overall user experience. The goal is not to overload the users, but to empower them. If proposals are good, then they are good to go. It is not required to be a large holder to create change in the TidusDAO. Good ideas will always be implemented and the wallet will grow organically with the user base.