oversimplicated

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Capital Crypto Members Raise Unit Price Total Gains
0 0 0 0 0 0

This is the Oversimplicated DAO. This interface shows the data and controls as appropriate for your membership status. Transactions you initiate are final.

Chain ID:

Chain Version:


Log In:

Role:

Connector:


Contract:

Version:


This operating agreement is not active.


This operating agreement has been terminated.


Your account has been upgraded.

Import tokens of the new operating agreement:

Member


Liquid Member Capital:

Eligible to Leave:

Units


Units:

Status


Boot Level:

Suspended:

Superseded:

Terminated:

Roles


Manager:

Secretary:

Trader:

Organizer:

Guardian:

Keeper:

Competent Arbiter:

Drafter:

Rates


Drafter Rate

Trader Rate

Maintenance Rate

Reserve Rate

Support Rate

Accounts


Trading Account:

Maintenance Account:

Reserve Escrow:

Support Receiver:

Balances


Crypto Balance:

Total Capital:

Liquid Capital:

Trade Capital:

Resulting Capital:

Total Raise:

Limits


Initial Unit Price:

Minimum Buy-In:

Application Fee:

Compliance


Maximum Members Count:

Exemption or Registration:

Trading


Active Trading:

Trade Result:

Trade Result after Fees:

Trade Growth:

Trade Growth after Fees:

Total Gains:

Total Losses:

Voting


Manager Election in Progress:

Amendment Vote in Progress:

Ballots:

Ayes:

Nays:

Abstentions:

Last Proposal Succeeded:

Manager Candidate:

Amendment Candidate:

Members


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Applicants


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Instrumentation


Total Capital Offerings:

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unit price:

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election is in progress:

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day of week:

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initialized:

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crypto balance:

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depleted:

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uncontrolled:

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trader fee:

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maintenance share:

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reserve share:

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support share:

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draft fee:

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total initial contribution offers:

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is applicant:

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applicants count:

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total additional contribution offers:

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total units:

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is member:

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members count:

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Initialization


Instate phase 1

Guardian
Keeper
Competent Arbiter
Manager
Secretary
Trader
Trading Account
Maintenance Account
Reserve Escrow
Support Receiver
Instate phase 2

Trader Rate %
Maintenance Rate %
Reserve Rate %
Support Rate %
Initial Unit Price Wei
Minimum Buy In Wei
Application Fee Wei
Maximum Members Count
Regulation / Exception
Suspension

The Guardian may: transfer the Crypto Assets to the Keeper account. This operating agreement is then suspended.

Resumption

The Organizer may transfer an amount into the Crypto Assets. If this operating agreement was suspended, it then resumes.

Wei

Supersedence

The Organizer may declare a successor to this operating agreement; this operating agreement is thereby terminated.



Change Gas Cut

The Organizer may change the Gas Cut.


Appoint Organizer

The Organizer may appoint a new Organizer.


Rebook Payment

Provided, the sum of the Initial Contribution Offer of a given Applicant and the Application Fee, is less or equal the Crypto Balance. If no Election Is In Progress and Active Trading is ongoing, the Trader may declare the End Of Trading based on the sum of the amount of the assumed Initial Contribution Offer of that certain Applicant, and the Application Fee; and then terminate the Application.


Appoint Manager

If no Manager is appointed, the Organizer may appoint a Member as the new Manager. At any time, the Manager may appoint another Member as the new Manager.


Manager Step Down

The Manager may declare that no Manager is appointed.

Call Manager Election.

On a Saturday, if no Election Is In Progress, any Member may appoint a Manager Candidate, Initiate The Election Process, and notify that "a manager election was called", and of the Manager Candidate.


Process Manager Election Results

Provided there is a Manager Candidate. On a Monday, anyone may, in case Proposal Succeeds, appoint the Manager Candidate as new Manager and certify that the Last Proposal Succeeded; otherwise certify that it is not the case that the Last Proposal Succeeded; and either case shall End the Election Process.

Appoint Secretary

The Manager may appoint any Member as the new Secretary.


Secretary Step Down

The Secretary may declare that no Secretary is appointed.

Appoint Trader

The Manager may appoint any Member as the new Trader.


Trader Step Down

The Trader may declare that no Trader is appointed.

Dissolution

The Manager or the Organizer may, in case the Company is Depleted or Uncontrolled, Wind Down the Company. The Competent Arbiter may Wind Down the Company at any time.

Begin Trading

If no Election Is In Progress and Active Trading is not ongoing and the Trading Account is set and the Crypto Balance is greater than the Capital Offerings: the Trader may declare Active Trading, declare the Trade Capital to equal Crypto Balance minus Capital Offerings, transfer the Trade Capital to the Trading Account, and notify that “trading has started” with the certain amount of Trade Capital.

Change Maintenance Rate

The Organizer may change the Maintenance Rate.

%
Change Reserve Rate

The Organizer may change the Reserve Rate.

%
Change Support Rate

The Organizer may change the Support Rate.

%
Change Trading Account

The Organizer may change the Trading Account.


Change Maintenance Account

The Organizer may change the Maintenance Account.


Change Reserve Escrow

The Organizer may change the Reserve Escrow.


Change Support Receiver

The Organizer may change the Support Receiver.


Change Initial Unit Price

The Manager may change the Initial Unit Price.

Wei

Change Minimum Buy In

The Manager may change the Minimum Buy In.

Wei

Change Application Fee

The Manager may change the Application Fee.

Wei

Change Maximum Members Count

The Secretary may change the Maximum Members Count and certify a new Exemption Or Registration.

count

exemption

Propose Amendment

On a Friday, if no Election Is In Progress, the Organizer may certify an Amendment Proposal, Initiate The Election Process, and notify that "an amendment was proposed" and of the Amendment Proposal.


Process Amendment Vote Results

Provided, there is an Amendment Proposal. Provided, there are no Applications. On a Sunday, the Organizer or the Manager may: in case the Proposal Succeeds, then certify that the Last Proposal Succeeded, note that the Accepted Amendmend is the Amendment Proposal, End the Election Process, certify the Accepted Amendment with the state of this entity and its Crypto Balance, and terminate this Operating Agreement; otherwise, End the Election Process and certify that it is not the case that the Last Proposal Succeeded.

Update

Provided, there are no Applications. The Organizer may certify an Update with the state of this operating agreement and its Crypto Balance, and terminate this operating agreement.


Application

An Applicant may pay an Initial Contribution Offer and the Application Fee into the Company's blockchain escrow to submit an Application, provided that the Applicant is not already an applicant or a member, and the Initial Contribution Offer is not less than the sum of the Minimum Buy In.

Wei

Accept Application

If no Election Is In Progress and the count of Members is less than the Maximum Members Count, the Secretary may Create a Membership for the Applicant based on the Initial Contribution Offer and terminate this application.


Deny Application

The Secretary may return the Initial Contribution Offer to the Applicant and then terminate the Applicant's application.


Retract Application

The Applicant may return the Initial Contribution Offer to themselves, and terminate their Application.

Additional Contribution Offer

A Member may pay a Payment into escrow. The Member's Additional Contribution Offer is increased by the Payment, and the Manager notified of the “Top up request” of the Member and the Payment.

Wei

Accept Additional Contribution Offer

The Secretary may certify that the Member Receive Units based on the Member's Additional Contribution Offer and declare the Member's Additional Contribution Offer to now being zero.


Reject Additional Contribution Offer

If there is no Emergency with this Member, the Secretary may: return the Member's Additional Contribution Offer to the Member; as a result, the Member's Additional Contribution Offer is then zero.


Retract Additional Contribution Offer

The Member may: return their Additional Contribution Offer to themselves; as a result, their Additional Contribution Offer is then zero.

Offer

A Member may register an Offer of Units for an Asking Price.



Wei

Buy

A Member may buy Units for an Asking Price from a Seller.

Wei


Vote

If an Election Is In Progress and the Member has not Voted In The Current Election yet, the Member may: certify a Vote; Count it; certify the Last Vote as the current time; and with that, the Member has Voted In The Current Election.


Leave

A Member may, if Eligible to Leave and no Active Trading is taking place, then declare that there is no Emergency, and then Pay Out and Terminate themselves.

Take Out

A Member may, if Eligible to Leave, no Active Trading is going on, and the given amount is less than their Member Capital: return the given amount to themselves; the Member’s Units are decreased by the given amount divided by the Unit Price.

Wei

Start Emergency Process

The Secretary may declare Emergency for this Member and certify the Start of the Emergency for this Member to be at the current time.


Stop Emergency Process

The Member may certify that there is no Emergency for them.

Finalize Emergency Process

The Secretary may, on a Saturday or Sunday, if there is no Active Trading, there is an Emergency and the Start of the Emergency was more than three months ago, then pay the Member's Capital plus the Member's Additional Contribution Offer to any given Account and terminate this Membership.

member

given account

Upgrade

The previous operating agreement has been superseeded. Upgrade your account to the new one.

Liquidation

The operating agreement has been terminated. Liquidate your position.