Public Policy #5 - Public Access #6
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 Access
COALA commentary
COALA requires
There must be at least one GUI that will allow a layperson
to read the value of the key variables of the DAO’s smart
contracts and monitor all transactions originating from, or
addressed to, any of the DAO’s Smart Contracts. The GUI
will also specify whether Members are able to redeem their
Tokens without restrictions and if not, the GUI will clearly
mention the restrictions that are in place;