> For the complete documentation index, see [llms.txt](https://aetos.gitbook.io/aetos.vc/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://aetos.gitbook.io/aetos.vc/features/member-shares.md).

# Member Shares

When members join the DAO, they get given shares based on their commitment. The shares represent 1 to 1 of their commitment.

Member shares are used to calculate their stake in the DAO and correctly reward returns when present.

Shares are non-transferable and are NOT represented as a token, rather a global variable set within the Aetos contracts. This limits abuse and improves the security of the member shares.

Shares can only be added and subtracted from members in specific circumstances:

* Bonus shares being allocated
* Commitment schedule pardoning/slashing for not meeting the commitment
* Getting kicked out of the DAO zeros your shares
* Base inflation for council members


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