Skip to main content

6. ASSET SUBSCRIPTION AND PAYMENT

  • No minimum capital requirements will apply to a DAO recognised by the Model Law. If the DAO wishes to maintain a minimum amount of capital, the By-Laws of the DAO will specify the rules for subscription and payment.

  • The By-Laws must specify the rules for exiting the DAO that address the consequences of voluntary and involuntary Member and Participant exit on subscriptions and payments they have made.

  • No Member will be able to compel the dissolution of the DAO for failure to return their On-Chain Contribution.