Public Policy #4 - (Imperfect) Security Audit #5
Description
Using the COALA Model Law for DAO (drllau [commentary] ) iterate over LexDAO's policy stance wrt DAO legislation (continuous improvement) with the latest Wyoming LLC DAO [amendment] for hackathon.
DAO Imperfect Open Source
COALA commentary
COALA advocates that the software code of the DAO must have undergone Quality Assurance;
LexDAO position
Weaken to "should".
Difference
Apply a risk-based approach rather than prescriptive stance