REIT DAO

Internal Policy for Contribution Accounting, Governance through ReitDAO TEAM, and Distribution of REPU01

1. Purpose of the Document

This document establishes the internal procedures for:

  • accounting of contributions made by ReitDAO TEAM participants;
  • allocation of REPU01 tokens;
  • operation of a meritocratic governance model;
  • conversion of REPU01 into the main REPU token;
  • distribution of discretionary monetary rewards;
  • dispute resolution and governance transparency.

This document constitutes an internal governance framework applicable to Contributors participating in ReitDAO TEAM within the REIT DAO ecosystem.

REIT DAO operates as a decentralized governance coordination framework that facilitates collaboration, decision-making, and resource coordination among independent participants.

Participation in REIT DAO is governance-oriented and structurally distinct from capital investment arrangements.

The same REIT DAO Contributor may participate both as:

  • Capital Contributor
  • Work Contributor

reflecting the ability to contribute to DAO activities in multiple formats.

This document is intended solely as an internal governance framework and does not constitute:

  • an employment agreement
  • a compensation agreement
  • an investment contract
  • an investment fund
  • a collective investment scheme
  • a securities offering
  • solicitation of capital

REIT DAO does not operate as a managed investment pool or collective investment vehicle.

Any coordination of resources within the DAO ecosystem is ancillary to governance participation.

Participants make independent decisions regarding their participation and do not rely on statements, projections, or representations made by other participants.

2. Governance Architecture

2.1 Main REIT DAO

The Main DAO operates through governance voting.

https://app.aragon.org/dao/arbitrum-mainnet/0xB64a75d0571A2BAF06A12d8beEDc9707e70B0433/dashboard

The Main DAO is responsible for:

  • strategic governance decisions
  • approval of Roadmap stages
  • approval of REPU01 conversion into REPU
  • approval of operational budgets
  • confirmation of milestone achievements

Governance decisions are made collectively through transparent voting mechanisms.

No individual participant or group of participants possesses unilateral authority over DAO governance decisions.

Treasury actions and operational execution occur only following governance decisions.

2.2 ReitDAO TEAM

ReitDAO TEAM represents the operational coordination layer of REIT DAO.

https://app.aragon.org/dao/arbitrum-mainnet/0x817a1210fC3796a96280Ad34aBF21Be0B7D754Ba/dashboard

ReitDAO TEAM performs the following functions:

  • operational coordination
  • contribution accounting
  • allocation of REPU01 tokens
  • governance voting within the operational layer
  • dispute resolution
  • approval of interim results
  • coordination of project implementation

ReitDAO TEAM functions as an operational coordination mechanism rather than a managerial authority.

3. REPU01 Token

REPU01 is an internal governance token used for:

  • contribution accounting
  • governance participation
  • voting weight determination

within ReitDAO TEAM.

REPU01 represents an internal governance accounting mechanism used for coordination and contribution tracking within ReitDAO TEAM.

REPU01 tokens are issued in accordance with the approved tokenomics described in the REIT DAO Whitepaper.

https://reitdao.app/whitepaper/

Following issuance, REPU01 tokens are transferred to the ReitDAO TEAM wallet for governance distribution.

REPU01 tokens:

  • record recognized contributions
  • determine governance voting weight
  • reflect governance participation
  • may be converted into REPU upon approved milestones

REPU01 allocations may occur periodically based on verified contributions.

4. Continuous Governance Model

REPU01 allocation operates on a continuous basis.

Conversion of REPU01 into REPU:

  • occurs upon completion of Roadmap stages
  • requires governance approval by the Main DAO
  • is not automatic

Because allocation continues during milestone verification, an active REPU01 governance pool always exists.

5. Conversion and Burning of REPU01

Upon approval of a Roadmap milestone:

  • REPU01 tokens allocated for the stage are converted into REPU
  • the corresponding REPU01 tokens are burned
  • a new allocation cycle begins

This mechanism ensures:

  • governance influence evolves dynamically
  • influence does not accumulate indefinitely
  • participation remains merit-based

6. Relationship Between REPU01 and REPU

Conversion into REPU occurs proportionally to REPU01 balances.

REPU tokens allocated to contributors have the same status as REPU tokens distributed to Capital Contributors.

Neither REPU01 nor REPU represents:

  • ownership
  • equity
  • dividend rights
  • profit participation
  • claims on DAO assets

Token allocations reflect governance participation and coordination within the DAO ecosystem.

Tokens are not issued as compensation for services or as financial incentives.

Participation in REIT DAO governance does not create an expectation of profit derived from the efforts of others.

7. Principle of Meritocracy

Governance within ReitDAO TEAM is based on meritocratic principles.

Influence reflects measurable contributions rather than formal status.

Governance influence may reflect various forms of participation and is not determined solely by financial contribution.

The greater the contribution:

→ the greater the REPU01 allocation
→ the greater the governance influence
→ the greater the proportional share upon REPU conversion

7.1 Relative Nature of Governance Influence

REPU01 balances are not reduced when participation declines.

However, participants who do not contribute additional work receive no additional allocations.

Relative influence naturally shifts toward active contributors.

8. Types of Recognized Contributions

The DAO recognizes multiple categories of contributions.

Knowledge Contribution

Professional expertise and analytical insight.

Architectural Contribution

Development of systemic governance structures.

Technological Contribution

Software and infrastructure development.

Operational Contribution

Execution of project tasks and coordination.

Institutional Contribution

Partnership development and external relations.

Reputational Contribution

Enhancement of DAO credibility.

Financial or Resource Contribution

Provision of funding or infrastructure resources.

9. Contribution Recording System

Each contribution must be recorded in structured form.

The recording method may be determined by governance vote.

Required parameters include:

  • participant
  • contribution type
  • description of activity
  • start date
  • completion date
  • hours spent
  • description of results
  • financial contribution (if applicable)

Contributions must include verifiable outcomes.

10. Plan → Execution → Evaluation Principle

Before beginning work participants independently define:

  • planned activities
  • expected timelines
  • desired outcomes
  • quality metrics

Evaluation considers:

  • alignment with declared plans
  • adherence to timelines
  • execution quality
  • demonstrated responsibility

11. Stage-Based Evaluation Model

Upon completion of a stage:

  1. a final contribution dataset is prepared
  2. analytical evaluation is conducted
  3. participation percentages are calculated
  4. the REPU01 pool is distributed accordingly

12. AI-Assisted Evaluation Model

AI tools approved by ReitDAO TEAM may assist in analyzing contributions.

AI tools serve exclusively as analytical assistance mechanisms and do not produce binding governance decisions.

12.1 Input Data

Evaluation may consider:

  • contributors
  • tasks performed
  • contribution categories
  • hours spent
  • declared plans
  • achieved results
  • confirmations of completion
  • financial contributions

12.2 Evaluation Factors

AI analysis may consider:

  • strategic importance
  • systemic impact
  • scale of outcomes
  • uniqueness
  • complexity
  • risk mitigation
  • long-term value
  • measurable results
  • efficiency of time use
  • adherence to plans

12.3 Participation Share

AI generates a recommended contribution distribution.

Total shares are normalized to 100%.

12.4 Governance Approval

AI analysis is advisory.

Final approval requires governance voting.

12.5 Manipulation Protection

Potential manipulation attempts may be identified through:

  • comparative contribution analysis
  • internal discussion
  • governance voting

13. REPU01 Distribution Formula

Individual Allocation =

Participation Share / 100 × Stage REPU01 Pool

14. Monetary Rewards

Participants may receive discretionary monetary rewards.

Rewards may be distributed from funds held by ReitDAO TEAM.

Rewards:

  • are discretionary
  • require governance approval
  • depend on achieved results

Contribution recognition and token allocations represent governance acknowledgements rather than salary payments.

15. Anti-Manipulation Mechanisms

  • self-approval of contributions is prohibited
  • inflated metrics may be rejected
  • financial contributions do not guarantee governance advantage
  • disputes are resolved through governance review

16. Dispute Resolution

  1. submission of written justification
  2. re-evaluation
  3. ReitDAO TEAM vote
  4. optional confirmation by Main DAO
  5. documentation of the decision

17. Legal Status of Participation

Participants act as independent contributors.

Participation does not create:

  • employment relationships
  • employment contracts
  • salary obligations

Contributors retain full autonomy in determining the scope and manner of their participation.

Participants are not subject to managerial control typical of employment relationships.

Nothing in this document shall be interpreted as creating:

  • partnership
  • joint venture
  • agency relationship
  • legal association

No participant, contributor, or token holder owes fiduciary duties to other participants or to REIT DAO.

Each participant acts independently and is responsible for their own economic decisions.

Participation does not create a common enterprise among participants.

18. Discretionary Nature of Allocations

REPU01 allocations, REPU conversions, and monetary rewards:

  • are discretionary
  • are not guaranteed
  • do not create contractual entitlement

No participant is entitled to predetermined token allocations.

Governance decisions of ReitDAO TEAM are final within the DAO governance framework.

19. Tax and Legal Responsibility

Participants are solely responsible for:

  • declaring received tokens
  • complying with tax obligations
  • complying with laws of their jurisdiction

REIT DAO does not act as a tax agent.

REIT DAO does not provide tax, financial, or legal advice.