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Aetos.vc
  • Introduction
  • Getting Started
    • New DAO
    • Membership
    • Council Elections
    • Commiting Capital
    • Funding Proposals
    • Using Operating Capital
    • Bonus Allocations
    • Claiming Returns
    • Token Migrations (AMM Swapping)
    • Kicking Members
  • Features
    • Democratic Heirachy
    • Member Shares
    • Vaults
    • Proposals
    • Fund Inflation
    • Commitment Schedule
    • Custom Transactions
    • AMM Swaps
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  1. Features

Member Shares

V1 of Aetos uses a 1:1 stablecoin to share ratio

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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Last updated 2 years ago