# What is the DAOry ?

The DAOry is a community hub composed exclusively of Aurorian holders. It’s a fun place to hang out, but that’s not all it is; the DAOry helps support Aurory by increasing its brand awareness. The DAOry accomplishes this autonomously through community initiatives and proposals, community marketing on social media, and partnerships with other project teams and their communities.

At the helm of the DAOry organization are five council members, voted in by the community every six months. The job of the council is to discuss ideas brought up by the community and ultimately bring them to an official proposal that all Aurorian holders can vote on (1 Aurorian = 1 vote). Councilors play a crucial role in overseeing the DAOry’s treasury, which is amongst the most funded DAO treasuries on Solana. Each councilor is also responsible for a department.

In the first term, councilors focused primarily on creating a framework for initiatives, proposals, voting, and so forth, so that future councilors would have a proper foundation to stand on when executing on ideas that the community has. In the second term, councilors were focused on conservative treasury management while trying to put capital to work, such as by staking $AURY and $SOL. In its third term, the DAOry council was looking to be a bit more risk-on with the treasury while still remaining fairly conservative. This is being done through initiatives such as using the treasury to hire a social media manager for the DAOry Twitter account.&#x20;

In its fourth term, the DAOry switched its structure by reducing the Councilors from 9 to 5 persons and by recruiting 3 advisors and 2 full-time employees (SMM + BD). The goal remains to propose alternative investment choices to grow the treasury, conduct giveaways, and explore all sorts of other ideas.&#x20;

In its fifth term, the DAOry has maintained the same structure (5 councilors, 3 advisors, 1 SMM, 1 BD). Their goal were to grow the brand and reach of the DAOry while ensuring the amplification of Aurory's communication and events related to the Seeker of Tokane game. They managed to reach their goals, setting up never seen before in-game events, providing added values to Aurorians by boosting expeditions rewards by 100% and creating the DAOry Shop!

In its sixth term, the DAOry delved deep into the legal implications of distributing the Solana treasury among holders. While the subject was thoroughly explored, the viable options remained limited at the time. Beyond those discussions, the team successfully launched regular tournaments on the AmikoGG platform and completed a rebrand of the DAOry website.

Now in its seventh term, the DAOry has restructured by removing the BD role (now consisting of 5 councilors, 3 advisors, and 1 SMM). While their mission remains unchanged, they are shifting focus toward a potential distribution event or answering the ultimate question: "What else is next?"

Whatever happens, the community always comes first; all ideas are discussed by Aurorian holders prior to being realized.

For more information on the DAOry, please visit the [official DAOry website](https://daory.io/).


# What is the Council ?

The Council within DAOry serves as the pivotal governance body, meticulously structured to oversee the organization's strategic direction and ensure operational efficiency.

The Council comprises of three distinct groups:&#x20;

* 1 Full-Time Employee
* 5 Active Councilors
* 3 Advisors

Each group plays a unique role in steering DAOry towards its vision.&#x20;

For this term the Councilor and their departments are :&#x20;

* Head of Council: @Joenaes
* Community & Outreach: @erismaerd @\~/chocoopanda
* Infrastructure and Development: @MVB
* Finance & Investment: @Marty
* DAO Structure & Documentation: @\~/chocoopanda

The goals of each departments are:

* Community & Outreach: Focused on brand expansion, social media strategies, gamer engagement, and event planning.
* nfrastructure & Development: Responsible for website maintenance, on-chain solutions, and technological infrastructure.
* Finance & Investment: Tasked with maximizing yields, identifying investment opportunities, and financial planning.
* DAO Structure & Documentation: Manages DAO constitution, proposal evaluations, and ensures effective documentation and organizational structure.


# Budget & Stipends

The Councilors receive the following monthly stipend to compensate for their efforts:

* 1,000 $USD + 300 $AURY per month for each Full Time Employee
* 500 $USD + 600 $AURY per month for the Head of Council
* 150 $USD + 300 $AURY per month for each Councilor
* 200 $AURY per month for each Advisor

They also have a maximum budget of $10,000 per month for discretionary spending to cover their costs and activities. This budget will likely not be reached during most of the months.


# Treasury

The DAOry Treasury (tokens and NFTs) can be consulted live on our home-made dashboard: [ https://app.daory.io/treasury](< https://app.daory.io/treasury>)

***

However, if you prefer a more traditionnal view, it's also available at: <https://jup.ag/portfolio/CsKFoW9fNJcueYufg8cPEH59nzM1QH5FwPXUvLwS7GMD>

Keep in mind that the NFTs aren't taken in account for the total balance on Jupiter portfolio. So the total treasury value is even higher than shown.


# How to make a proposal

## Proposal Requirements

The purpose of these requirements is to allow Aurorians to make informed decisions before casting their votes. The first step is to open a new post under the #proposals section in Discord with the following information at a minimum:

* Title
* Purpose/Goal
* Analysis of merits, drawbacks, and risks (if applicable)

Once the forum post reaches 20 thumbs-up reactions, the initiator must write the proposal in a Google Doc to submit it to the Council.

* This document does not need to be an extensive report (e.g., a single A4 page will suffice). However, it is the responsibility of the proposer to provide a clear argument and analysis.
* When the Council decides to move forward with a proposal for voting, they will also provide their thoughts on the merits, drawbacks, and risks, generally within a single A4 page.\
  Additional documents are optional.

The Council will review the proposal, provide feedback, and then set up a Matrica vote, where every holder will be able to vote in favor of or against the proposal. /!\ If a proposal is meant to hurt the project, the Council can decide to reject it without any votes.

## Proposals Voting Window

| Proposal Type | Description                                                                                                                                                                                                                                                                                                                                               |
| ------------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| Emergency     | <p>Meant for pressing matters that must be decided upon immediately.</p><ul><li>Can only be proposed by Council Members (so if you think that there is something that needs to be decided urgently please reach a counselor) and</li><li>It requires a qualified majority of 4 votes from the Council to be put to a vote (Head of Council + 3)</li></ul> |
| Ordinary      | Meant for day-to-day and ordinary course of business decisions, basically any proposal that it's not urgent or extraordinary.                                                                                                                                                                                                                             |
| Extraordinary | Meant for matters that either require the use of a significant portion of our treasury ($100,000) or involve the council structure (replace a member that is suddenly indisposed to carry out his/her duties as Council Member, increase or reduce the number of Council Members, impeach an existing Council Member, etc.).                              |

## Proposal flowchart

<figure><img src="/files/STedUywxoaBeAO47krzE" alt=""><figcaption><p>Workflow</p></figcaption></figure>


# How to get it to vote

Once a proposal reach 20 thumbs-up on Discord in the #proposals channel it can be put to an on-chain vote, mediated by DAO councilor (or advisor).&#x20;

Once the vote is live on Matrica, a certain Quorum has to be reach in order for the proposal to pass :&#x20;

<figure><img src="/files/buydMzeogPCnyCZTa3mb" alt="Quorum"><figcaption></figcaption></figure>

The Council has the capability to decline postings of malicious proposals.&#x20;


# History of proposals

* **DAOry Proposal (before Matrica) - Buy Aurorians equivalent to 5% of our treasury -** [**More info**](<https://docs.google.com/document/d/1_1Ta5iqxOBKJXeeoKj06GYe14T2u2ePkpX3J35iPErQ/edit?usp=sharing >)

* **DAOry Proposal (before Matrica) - Buy Aurorians equivalent to another 5% of our treasury in $SOL (for a total of 10%) and make quarterly recurring purchases of Aurorians -** [**More info**](https://docs.google.com/document/d/1_1Ta5iqxOBKJXeeoKj06GYe14T2u2ePkpX3J35iPErQ/edit?tab=t.0)

* **DAOry Proposal #1 - Provide liquidity for NFT-holders through Yawww loan pools and FRAKT Aurory isolated lending pool -** [**Proposal 3a - Yawww;**](https://docs.google.com/document/d/19NPnR6KJgOCqG1XcYU4qi78AQOFIAdA1/) [**Proposal 3b - FRAKT**](https://docs.google.com/document/d/1r_Mi50q_QWE46zqeiuJpSJwaqw-LTHg0oEJlZRP0164/)

* **DAOry Proposal #2 - Stake all of the Daory $AURY allocation in the Aurory Flexible Pool**

* ~~**DAOry Proposal #3 - Vesting powers on the Council to grant more autonomy**~~ [**More info**](https://docs.google.com/document/d/1P8AVNrSFGtr1sGyUCy9mtwSYnNjC-Rkk6oJcOA02I0s/edit)**. Superceded by proposal #12**

* **DAOry Proposal #4 - Give Council Executive Authority to Purchase Aurorians below 500 AURY**\
  &#x20;**More info**

* ~~**DAOry Proposal #5 - Stipend for DAOry councilors**~~**&#x20;-** [**More info**](https://docs.google.com/document/d/1zsHY5_DLvk1UPNrWhuka7uomq1cbV9ez) **. Superceded by proposal #11**

* **DAOry Proposal #6 - Allocate funds towards increasing DAOry social media presence -** [**More info**](https://docs.google.com/document/d/1vK7nEbEah9cQTHP5K-fKchzrqqq37vhcZixVR6QxGcE/)**.  Amendments in proposal #12**

* **DAOry Proposal #7 - Give authority of Council to stake and unstake up to 100% of DAOry $SOL holdings with non-custodial validators -** [**More info**](https://docs.google.com/document/d/14v403UEFve-ZzcnwNghX4ZZveGiMSZSM/edit)

* **DAOry Proposal #8 - Use part of the treasury to earn income and upcoming $banx drop by lending on banx.gg -** [**More info**](https://docs.google.com/document/d/13mM5EqeoV_8O-neXkSfKikNit2xQQvZ-ku9Z5V16GHc/edit?tab=t.0)

* ~~**DAOry Proposal #9 - Community Proposal for Monthly Compensation for Active WL Union Members**~~**&#x20;- did not pass**

* **DAOry Proposal #10 - Buy more Aurorians -** [**More info**](https://v1.matrica.io/community/fc83adc8-8723-47cb-a321-c449372b1f3d/proposals/3bf49151-d225-453b-b072-a386bac18a37)

* ~~**DAOry Proposal #11 - Buy USD 4,800 - 5,200 worth of Parallel Avatars as an investment**~~**&#x20;- Did not pass -** [**More info**](https://docs.google.com/document/d/1q8NXYlbOJdfg5cKfLuvBRUdbRbQ2Q2qzC1HXQqgYRu0/edit)

* **DAOry Proposal #12 - Restructuring of the DAOry's governance system -** [**More info**](https://docs.google.com/document/d/1C3Iprh--uCwmfq1OH2d-xNm24hMY3HtpVgIhDE8C5UU/edit#heading=h.pb1pnkrgl6sa)

* ~~**DAOry Proposal #13 - Purchase 300k JUP with DAO treasury funds for voting power in LFG voting**~~**&#x20;- Did not pass -** [**More info**](https://docs.google.com/document/d/1ypxFetC0lHSduveTQoegRgUTBFl8awW0/edit)

* **DAOry Proposal #14  - Boosting Expedition Rewards Using Daory Monthly Profits -** [**More info**](https://docs.google.com/document/d/1nlQZyVMCI1g2ZX0hc0uFCDEdbNxYTu8jPNQWhNvMM-c/edit#heading=h.mj1j0cpbpiwq)

* **DAOry Proposal #15  - Give Council Autonomy in Facilitating Aury Trade Deals -** [**More info**](https://docs.google.com/document/d/1x_5d1MLRsv9JsuiO4EYlyGBAMhVbfTAN5bO9-0PpQA0/edit?usp=sharing)

* ~~**DAOry Proposal #16  - DAOry's Solana (partial) exit strategy**~~**&#x20;- Did not pass -** [**More info**](https://docs.google.com/document/d/1Fd8AUyLQ5uHYKOoQ2nPwwDxVQm6BXDVG0tnRr9MWvzc/edit?usp=sharing)

* ~~**DAOry Proposal #17  - Mad Lad Raffle**~~**&#x20;- Did not pass -** [**More info**](https://docs.google.com/document/d/14BAI5uaf-KTgd2oRpywnhFR41W_n5bC2vliZgHHdC6I/edit?tab=t.0)

* **DAOry Proposal #18  - Mad Lad Raffle (v2) -** [**More info**](https://docs.google.com/document/d/14BAI5uaf-KTgd2oRpywnhFR41W_n5bC2vliZgHHdC6I/edit?tab=t.0)

* **DAOry Proposal #19 - Acquisition of NeftieGG -** [**More info**](https://matrica.io/community/proposals/e0af55ce-09cb-49a5-a28f-0c5b3de3ebce)

* ~~**DAOry Proposal #20 - SyncSquad Grant**~~**&#x20;- Did not pass -** [**More info**](https://matrica.io/community/proposals/e0af55ce-09cb-49a5-a28f-0c5b3de3ebce)

  <br>


# Grant requests

The DAOry gives the opportunity to every member to request a grant.\
These grants can be utilized to develop a tool, an event, a community and much more!\
\
Are you willing to help us develop the Aurory ecosystem ? Then make sure to request a grant so you can for example create a special event, build the NeftiesDex or even setup an IRL Event! \
\
There are no limits for creativity and it's only one step away by making sure to copy this template and sending it to a Council Member <https://docs.google.com/document/d/13cKiGkzIDk8cgLfbVMfD5YL6N9ZnLxURirZr_Y0XgDo/edit>


# History of grants

### Aurory France&#x20;

* Accepted the 24.03.2024 - 100 $AURY for one month
* Criterias :&#x20;
  * Posting on Twitter more regulargly
  * Set up a tournament
* <https://docs.google.com/document/d/15c3bIIkEMOzZNZOcdnv5vuhjACc0Mpe3UQqC-in8X18/edit>
* Accepted the 03.05.2024 - 100 $AURY for one month
* Criterias :&#x20;
  * Keep on going with the Twitter
  * Define a clearer plan

### Beccs & Zard - Tournament

* Accepted the 13.05.2024 - +/- 250$AURY ($AURY + Collectibles)
* Criterias :&#x20;
  * Get more than 15 average players
  * Grow the Twitch followers \[Beccs (336) / Zard (885)]
  * Grow Twitter
* <https://docs.google.com/document/d/1UqC1slmSxjKnQ52W1auf15oQvwRunKxnBepnYHAUYJc/edit>

### Erismaerd - Christmas Advent Calendar

* Accepted the 29.11.2024 - 360 $AURY

* Criterias :&#x20;

  * Displaying a banner/overlay stating that DAOry sponsorized 50% of the hatch costs

  <figure><img src="/files/y3BCRFIjUNB4nE0opNQp" alt=""><figcaption></figcaption></figure>

* [https://docs.google.com/document/d/1nP-zZ\_-hLEfMISSwYQy4dHG7EeS-xijavJrR63FkOR8/edit?usp=sharing ](<https://docs.google.com/document/d/1nP-zZ_-hLEfMISSwYQy4dHG7EeS-xijavJrR63FkOR8/edit?usp=sharing >)

## Zard - Tournament

* Accepted the 20.12.2024 after changes - 150 $AURY in colllectibles for holder participants
* Criterias:
  * Giving us the list of holders who took part in the tournament
* <https://docs.google.com/document/d/1X6Qr8ZZmTjAy4fzSv1A6bU7lX94QzI3N7y0qixd_ac8/edit?pli=1&tab=t.0>


# Spotify

"DAOry Campfire" is a **podcast** where some councilors discuss about **web3 actuality**. Listen the episodes at <https://open.spotify.com/show/2WBln6fznCGnwT9Jq3ts1P>&#x20;


# DAOry Shop

The **DAOry Shop** was created during the **fifth term** by the councilors. It’s a place where people can enter **raffles**, **purchase items**, and serves as a powerful **marketing platform** for the community

<https://app.daory.io/shop>


